China based - Xianglu Petrochemical plans to start a new purified terephthalic acid (PTA) plant by the end of the third quarter. “Trial runs at the plant located at Fujian province, China are planned to be undertaken in the ...
Tags: Xianglu Petrochemical, PTA plant
The average price of Asian butadiene sank 18% month on month in April to $1,431.25/mt FOB Korea due to weak demand from China and an oversupply of synthetic rubber, Platts data showed Thursday. The monthly average was down a sharp 58% ...
Tags: Asian Butadiene, Weak Demand
The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
One of the world's biggest petrochemical producers – Saudi Arabian Basic Industries Corporation (SABIC) is eagerly eyeing to invest in Peru, Andina reported quoting SABIC President for South America, Ricardo Knecht. Participating in ...
During the first quarter, Baosteel special material nickel-based alloy oil well pipe products achieve a number of breakthrough - production and sales hit historical record and product whole process yielding rate continues to improve. At the ...
Tags: Oil Well Pipes, Metallurgy, Mineral, Energy
Chemical Marketing and Economics (CM&E), the business and investment group of the American Chemical Society’s New York Section (ACS NY), has awarded Marcelo Odebrecht, president and CEO of Odebrecht S.A., has been honored with the ...
Tags: CM&E Group, Construction
Retrofit Frame Increases Forge's Tonnage Capability Erie Press Systems has successfully engineered and installed a complete retrofit open die frame structure at Patriot Forge in Brantford, ON, Canada. The project required replacing the ...
Tags: Industrial Equipment
Kazakhstan is planning to invest in setting up a purified terephthalic acid (PTA) plant at the cost of US$ 450 million in the Belarusian town of Mogilev. The existing location of OAO Mogilevkhimvolokno is being considered for setting up ...
Iran is all prepared to export its technical knowledge in petrochemical production and services thereof, Iranian Oil Minister Rostam Qassemi has said. Speaking on the sidelines of inauguration of the first phase of Bandar Imam Khomeini ...
Tags: petrochemical production, Textile
On 18 April 2013, pumps and valves manufacturer KSB has inaugurated its new factory in Jundia?, Brazil, some 50 km north of S?o Paulo. The location, designed as a production site for standard pumps and valves, will begin by manufacturing ...
HMS Group announces that it has signed a contract for manufacturing and delivery of a compressor station worth Rub 1,254 mn (c. US$ 40 mn). In accordance with the contract, HMS Group will deliver the associated gas compressor station on a ...
Tags: HMS Group, Processing Machinery
A MEG plant operated by Maruzen Petrochemical has restarted production after a maintenance turnaround and another MEG plant is scheduled to be shutdown next month. “A MEG plant located in Yokkaichi, Japan with a production ...
Honeywell announced its results for the first quarter of 2013 Highlights • Strong Productivity Driving EPS Growth of 16%, Up 12% Using Expected Full-Year Tax Rate • Segment Margin Increase of 100 Bps to 16.2%, Operating ...
The petrochemicals and chemicals production capacity of Gulf Cooperation Council (GCC) countries is expected to rise to 191.2 million tons by 2020, which would be a whopping 50 percent rise over last year’s capacity of 127.8 million ...
Tags: GPCA Optimistic, GCC Petrochem, Apparel
Trinity Oaks, wholly-owned and produced by the US-based wine company Trinchero Family Estates, has announced that it has started bottling its wines with new plant-based capsules made from a carbon-neutral biopolymer. The capsules are made ...
Tags: Bottles Wines, Friendly Capsules