Chemical News
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Gazprom signed gas supply & gas infrastructure expansion programs with 67 Russian regions for 2021–2025 Dec 30,2020
St. Petersburg, Neftegaz.RU. Gazprom Board of Directors discussed on December 23 the ongoing implementation of the company's programs, aimed at expanding gas supplies and gas infrastructure in Russian constituent entities, synchronization with regional programs for converting housing and utilities, industries and other entities to gas, as well...>>>
Asian chemcial freight market stable, while container shipping rates soar Dec 21,2020
Asian chemical tanker freight discussions continued to fluctuate within a narrow band this week, much unlike the strongly bullish sentiment seen in container shipping market. As long as vessel supply condition differs, such divergent pricing trends between the liquid tanker and container ship markets will likely prevail for some ti...>>>
Japan to make hydrogen major power source by 2030 Dec 15,2020
Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030, the Nikkei newspaper reported. To achieve that goal in its bid to reduce carbon emissions Japan will have to make a technology now in its infancy commercially viable at scale, as the world accelerates an energy transitio...>>>
EIA reports slight decline in weekly propane/propylene stocks Dec 04,2020
US propane and propylene stocks fell 300,000 barrels (bbl) in the week ended 20 November to 92.6 million bbl, according to Chemweek with reference to the US Energy Information Administration's (EIA) statement Wednesday. Nationwide stocks were down 0.4% on the week and were 4.2% above year-ago levels of 88.3 million bbl. ...>>>
Snam, BHGE plan to develop four 'micro' LNG plants in Italy Jun 01,2018
Snam, the Italian transmission system operator, and GE company Baker Hughes, or BHGE, the US oilfield services provider, have entered into an agreement to determine the feasibility of developing four new liquefaction plants for natural gas and biomethane, the companies said in a joint statement Monday. Four liquefaction plants for gas, biomethan...>>>
Port maritime authorities to undertake sulfur cap campaign from 2018 Nov 14,2016
The port-based maritime authorities that undertake regulatory checks on ships are to mount a "concentrated inspection campaign" from 2018 to ensure compliance with new sulfur limits in bunker fuel, the Danish Maritime Authority said in a statement on its website. The move follows a Danish-Dutch initiative to ramp up monitoring of the regulations...>>>
Analysis: BASF-AkzoNobel deal ups restructuring pressure on others Feb 16,2016
* Deal could be a strategic-fit for Akzo, portfolio realignment * Further European mergers and acquisitions supported by low oil A potential purchase by AkzoNobel of BASF's industrial coatings business could put other chemical companies under pressure to re-structure their businesses if economic growth remains low, chemical-sector analysts sai...>>>
Petkim raises PVC Turkey list prices $15/mt Feb 16,2016
Turkish petrochemicals producer Petkim has raised its list prices of polyvinyl chloride $15/mt on tight supply, a company source said Monday. Petkim's price rise is the first since demand started slowing in May. Turkish spot prices were assessed stable on the week Wednesday at $680/mt CFR Turkey. Prices have tumbled 32% since May, when pol...>>>
EUROPEAN COMMISSION ANNOUNCES ANTIDUMPING INVESTIGATION ON CHINESE STEEL PLATE, HRC AND PIPES Feb 15,2016
The European Commission announced Friday it will start antidumping investigations into imports of Chinese steel heavy plates, hot-rolled flats and seamless pipes. The move has been long-waited in the European steel community following an official complaint filed by industry body Eurofer in late 2015 on behalf of the continent's producers. The...>>>
PWCS Australian coal shippers sent 30% less to China in Sept on month Oct 02,2015
The Port Waratah terminals at Newcastle port in eastern Australia shipped 611,000 mt of coal exports to China in September, down 30% from August's 878,000 mt and the lowest monthly volume since 608,000 mt in March, the Australian company said in an operating report Thursday. Shipment volumes for China from the PWCS terminals were n...>>>