Counter bids for May Asian Contract Price for paraxylene were in a range of $1,040-1,100/mt CFR, sources close to the negotiations said Tuesday. There are four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and JX Nippon Oil ...
Tags: Paraxylene, PX ACP
Following Transport and Logistics News' recent report on the TWU's concerns about road tankers (Defuse mobile bombs [dangerous tanker trucks]: TWU), our expert reader Nelson Mansfield has offered the following counter argument. Nelson ...
Tags: Trucking Industry
Vivergo, the UK's largest ethanol producer by capacity, said Wednesday that profitability at its 420,000 cubic meter/year (111 million gallon/year) plant at Hull in northeast England has been "adversely affected" by the lowest spot prices ...
Affinity Apparel is pleased to announce they have been presented two "Image of the Year" awards from the North-American Association of Uniform Manufacturers and Distributors (NAUMD). The "Image of the Year" awards recognize achievement ...
Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
The spread between the spot prices for acetic acid and vinyl acetate monomer in Europe surged to an all-time high of Eur1,040/mt ($1,444/mt) Thursday, as VAM prices soared and feedstock AA prices remained stable. In December last year, the ...
Norwegian crude oil production totaled 1.546 million b/d in February, up 6.8% from 1.448 million b/d in February 2013, according to preliminary figures released Thursday by the Norwegian Petroleum Directorate. The latest figure is down ...
Tags: Oil Output, crude oil, NGL
The fuel oil physical hi-lo -- the premium of 1% FOB Northwest European cargoes over 3.5% FOB Rotterdam barges -- came off a 17-month high Tuesday morning, having surged $12.75/mt to $62.75/mt Monday on fears Russia may stop or reduce gas ...
Russian ultra low sulfur diesel exports may struggle to find a home in the UK in the winter after the country's oil importers agreed earlier this month to enact a new test to assess the fuel's filter-blocking tendency, traders said Friday. ...
General Electric and partners BP and marine engineering company Oceaneering have jointly adapted existing medical x-ray machines to crawl along undersea pipelines looking for cracks or other problems. GE is of course a world leader in ...
BP has started up its US Gulf deepwater Na Kika Phase 3 oil project, the company said Monday. The first Na Kika well began producing oil February 19, with another expected to start in the second quarter. The full Na Kika Phase 3 project ...
Tags: Oil Production, Mineral
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
Eastern Canada's Nova Scotia government is in favor of the proposed 1.1 million b/d Energy East crude oil pipeline terminating at a deep water port in the province, rather than in neighboring New Brunswick on the Atlantic coast, the ...
Tags: Nova Scotia, Oil Pipeline
Global foreign direct investment (FDI) rose to levels not seen since the start of the global economic crisis in 2008, increasing by 11 per cent in 2013 to an estimated $1.46 trillion, with the lion's share going to developing countries, ...
Tags: trade, Investment
Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will ...
Tags: Oil, energy security