Chemical News
-
INVISTA to commence nylon 6,6 intermediates and polymer production in Shanghai Nov 22,2007
INVISTA Intermediates' Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company will result in construction of a production plant at the Shanghai Chemical Industrial Park to meet the region's demand for nylon 6,6 intermediates and polymer. Preparation work for environmental impact assessment and report project applica...>>>
U.S. crude-oil futures end above 95 dollars Nov 19,2007
NEW YORK, Nov. 16 (Xinhua) -- U.S. crude-oil futures closed above 95 dollars on Friday, rebounding from their drop in the previous session when the Energy Department reported an unexpected rise in crude inventories. Crude oil for December delivery rose 1.67 dollars to end at 95.10 dollars a barrel on the New York Mercantile Exchange. >>>
OPEC summit to highlight development, not market policies Nov 20,2007
RIYADH, Nov. 16 (Xinhua) -- Oil exporting countries decided to discuss development instead of output adjustment in the Organization of Petroleum Exporting Countries' (OPEC) rare two-day summit to be held here as of Saturday. In a two-day ministerial symposium ending Friday, OPEC leaders said that the three themes on the summit's agenda would be...>>>
BASF increases capacity for epsilon-caprolactone Nov 16,2007
BASF will begin expanding its production capacity for epsilon-caprolactone (CLO) with a first project to raise its annual capacity by up to 2,000 metric tons in 2008. In line with market growth, further capital has been earmarked for projects to expand CLO and its value chain in subsequent years. BASF has been producing CLO since 2001 and curren...>>>
China's finished steel output may be overstated by 100 million mt Nov 16,2007
China's finished steel output may be overstated by 100 million mt/year, a leading steel analyst told Platts Thursday. The country's crude steel production for October was 42.92 million mt, according to a report published on the National Bureau of Statistics of China web site Thursday. Finished steel output for the month reached 49.08 million mt, ac...>>>
BASF Catalysis Research supports 'green' research initiatives at Columbia University’s School of Engineering and Applied Scien... Aug 21,2007
ISELIN, NJ, August 20, 2007. BASF Catalysis Research has made a three-year research commitment of $600,000 to the Earth and Environmental Engineering Department of Columbia University’s School of Engineering and Applied Science for graduate and post-doctoral studies into environmentally-benign technologies utilizing heterogeneous catalysts. The ...>>>
Polyethylene Market Update in North America, November 12, 2007 Nov 14,2007
Volume: Good Price: Steady/higher The spot Polyethylene market was steady this week. While fresh domestic railcar offers remain firmly planted at prices a nickel higher than October, we have yet to see a single purely spot car trade that much higher. Distributors are now reporting a low, but growing flow of normal orders for November business; ...>>>
Norwegian offshore oil production back to normal Nov 12,2007
STOCKHOLM, Nov. 10 (Xinhua) -- Oil production on the Norwegian Shelf is back to normal, after seven platforms were closed down before a storm hit the North Sea Thursday, according to reports reaching here Saturday. More than 700 oil workers were evacuated from the most exposed platforms as a precaution Wednesday and Thursday. However, there are...>>>
Chlor-Alkali Producer Plans Facility at Cargill Site Aug 21,2007
Chemical distributor Midwest Chlor-Alkali (Indianapolis, IN), an affiliate of Harris & Ford (Indianapolis, IN), says it will invest $68 million to build a manufacturing facility adjacent to Cargill's corn milling facility at Eddyville, IA. The plant will produce 100,000 dst/year of sodium hydroxide, 250,000 dst/year of hydrochloric acid, and an und...>>>
India to take measures against rising oil prices Nov 08,2007
NEW DELHI, Nov. 7 (Xinhua) -- India is likely to take measure to deal with spiraling global oil prices next week, Indian Petroleum Minister Murli Deora said here Wednesday. "I cannot say 100 percent, but we will try to resolve it next week," Deora told reporters on the sidelines of the India-Africa Hydrocarbon Conference. "The government is...>>>
U.S. crude oil supplies continue to decline Nov 08,2007
WASHINGTON, Nov. 7 (Xinhua) -- U.S. commercial crude oil inventories fell last week, the third consecutive weekly decline, while gasoline supplies also decreased, the Energy Department reported Wednesday in its weekly survey. In the week ended Nov. 2, the nation's commercial crude oil inventories dropped by 800,000 barrels to 311.9 million. But...>>>
Iraq oil production and export hit new high in Oct. Nov 07,2007
BAGHDAD, Nov. 6 (Xinhua) -- The daily crude production and export in October in Iraq hit new high in three years with about 2.70 million barrels in production and over 1.80 million barrels for export, the state-run al-Sabah newspaper reported on Tuesday. Hussein al-Shahristani, the Iraqi oil minister, was also quoted as saying Monday at a pres...>>>
Philippine president calls for unity to face surging oil price Nov 07,2007
MANILA, Nov. 6 (Xinhua) -- Philippine President Gloria Macapagal-Arroyo Tuesday called on Filipinos to unite and put an end to political quarrels by joining hands in facing high oil prices, reported the official Philippines News Agency. Arroyo said that as the world oil price continues to surge, it is a waste of time to be indulged in political...>>>
Shell eyes Russian gas project Nov 06,2007
BRUSSELS, Nov. 5 (Xinhua) -- Dutch oil giant Shell wants to participate in the exploitation of a large gas field on the Russian peninsula Jamal in northern Siberia, Dutch paper Financiele Dagblad reported Monday. The Bovanenko field, owned by Russian gas giant Gazprom, could produce 250 billion cubic meters of gas a year, the report said. This ...>>>
Polypropylene Market Update in North America, October 29, 2007 Nov 01,2007
Volume: Good Price: Steady Polypropylene producers have a major challenge ahead. RGP prices continue to soar, making ever fresh record highs, but spot resin prices for good offgrade and Generic Prime, are having a difficult time pressing higher. Prices should already be in the mid-upper $60s/lb, but lower priced material is still available. Fre...>>>
Polymer Market Update in North America, October 29, 2007 Nov 01,2007
Spot resin prices were mostly steady this week as the market still seeks firm direction for its next move in November. Producers are keen to continue raising resin prices amid record high energy and elevated feedstock costs. However, real resin demand is questionable as we venture deeper into this seasonally slower 4th quarter. Monomer prices, whic...>>>
Invensys completes automation project in a major expansion of Samsung Total Aug 21,2007
Invensys Process Systems has successfully completed its automation project in a major expansion of the Samsung Total petrochemical complex in Daesan, Korea. The process revamp included an overhaul of the ethyl benzene (EB) and styrene monomer (SM) units at the complex. The EB and SM unit expansion project, now up and running, was accomplished w...>>>
Mitsubishi awarded PTA plant contract from Polish Oil refining and petrochemical major Aug 21,2007
Mitsubishi Heavy Industries, Ltd. has received an order for a large-scale purified terephthalic acid (PTA) plant from Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN), Poland's largest oil refining and petrochemical company. The new plant will employ Mitsubishi Chemical Corporation's proprietary processing method for PTA production. In addition to sup...>>>
Sinopec's net profits up 43.65% in first 3Qs Nov 01,2007
BEIJING, Oct. 30 (Xinhua) -- China Petroleum and Chemical Corporation (Sinopec) on Tuesday announced net profits of 48.7 billion yuan (6.5 billion U.S. dollars) in the first three quarters, up 43.65 percent from the same period last year. Business revenue of the country's largest oil refiner rose 13.64 percent to 875.2 billion yuan from Januar...>>>
Oil prices dip in Asian Trading as concerns over Atlantic hurricane eases Aug 21,2007
Light, sweet crude for September delivery fell to US$71.31 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. September Brent crude fell to US$69.68 a barrel on the ICE futures exchange in London. Oil prices dipped on expectations that key oil and gas facilities in the Gulf of Mexico will be spared by...>>>
International Chemical Exhibition
-
Advertisement
-
