Germany based specialty chemicals company Lanxess has opened its first production facility in Russia that manufactures rubber additives used in automotive and tire industries. The company's subsidiary Rhein Chemie will produce ...
Tags: Rubber Additives, Lanxess
The Gulf Coast heating oil differential fell 75 points Wednesday as US production and stocks increased and traders cited trouble finding ships to move any export barrels. Platts assessed the Gulf Coast heating oil differential at NYMEX ...
Tags: Heating Oil, Chemicals
The Qualifying Renewable Chemical Production Tax Credit Act of 2013 has been introduced by the new legislation to reduce taxes for producers of renewable chemicals in the US. The act also provides the renewable chemical producers with ...
Phillips 66 will reduce delivery of polypropylene grades because of issues with feedstock supply, further squeezing an already tight market, sources said Tuesday. The company announced the measure late Monday in a letter to customers ...
It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 37 fell and 41 remained unchanged on 02/07/2013.The largest rises were Copper (2.35%),Acrylic acid (1.63%),PC (1.04%),while the largest ...
Tags: Spot Commodities, Chemicals
The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $501.50/mt Monday, Platts data showed, as the SM market surged on news that South Korea's Lotte Chemical had delayed the restart ...
Tags: SM-benzene, Chemicals
The price spread between CFR Far East Asia polypropylene and feedstock propylene narrowed to flat, with both prices assessed at $1,425/mt on Friday, according to Platts data. PP prices shed $5/mt day on day to $1,425/mt CFR Far East Asia ...
Metal manhole covers, as we know them, first appeared with the advent of gas companies and waterworks, beginning in the late 1840s. The cover surfaces were originally designed with raised patterns to prevent horses' hooves from slipping on ...
The first thing customers see as they enter the basement of the Wal-Mart Qinghe store in Beijing is a mountain of imported milk cartons. Half a large stack of Euro-fit whole milk from Germany, selling at 9.9 yuan ($1.61) per box, is ...
Tags: Imported Milk, Dairy Products
The NYMEX August natural gas futures contract posted a preliminary settlement price of $3.577/MMBtu Monday, 1.2 cents higher than on Friday, after trading sideways on low cooling demand in the central and south-central US and some ...
Tags: Gas Futures, Chemicals
China's new natural gas pricing mechanism will create two separate bands of prices across the country with an average difference of 42%, although over 90% of supply will still be priced at the lower level. The National Development and ...
Tags: Natural Gas, Chemicals
The Northwest European July benzene contract price has been fully settled at Eur978/mt or $1,274/mt CIF ARA, according to negotiating parties. The settlement is down Eur67/mt ($79/mt) from the June contract price of Eur1,045/mt ($1,353/mt) ...
Mexico's PMI is set to export 1.4 million barrels of fuel oil in July from the country's Pacific Coast, a source familiar with the company's operations said Friday. The trading arm of state-owned oil and gas producer Pemex, PMI plans to ...
Shell's hopes for a new gas-to-liquids mega project on the US Gulf Coast would benefit from much-improved process efficiencies, but any resulting cost savings could be limited by the need to build most of the plant outside the US, Shell ...
Tags: gas-to-liquids mega, Chemicals
US polypropylene contracts for June were settling this week at a 3-cent/lb ($66/mt) increase, following a similar hike on feedstock propylene, sources said Friday. The 4% increase pushed homopolymer injection grade polypropylene to 74-75 ...
Tags: Polypropylene, Chemicals