Commodity market analytics

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12 August, 2022

Brenntag beats estimates on strong earnings

MOSCOW (MRC) -- Brenntag, the global market leader in chemicals and ingredients distribution, continues its growth path and reports very strong results in the second quarter of 2022 in a macro-economi...

#petrochemistry #PC granules #bisphenol A #phenol #news #petroleum products #Brenntag #MRC #petroleum #petrochemistry +Add all tags to filter

12 August, 2022

Sika delays MBCC acquisition closure

MOSCOW (MRC) -- Sika AG’s 5.5 billion-franc (USD5.8 billion) purchase of MBCC Group faces an in-depth investigation by the UK’s merger watchdog over concerns the deal may weaken national competition i...

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12 August, 2022

Henkel invests in technology start-up Direct-C

MOSCOW (MRC) -- Henkel Adhesive Technologies strengthens its capabilities for predictive maintenance solutions by investing in Direct-C LTD (Direct-C), Edmonton, Canada, said the company.The company h...

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12 August, 2022

Sabic plans development of three polymer plants in Texas

MOSCOW (MRC) -- Sabic is looking at building a plant in Port Arthur, Texas, with process units for polypropylene (PP), high density polyethylene (HDPE) and polyethylene (PE) using SK Global Chemical’s...

#petrochemistry #HDPE #news #PP #PE #Sabic #MRC #polymers #petrochemistry +Add all tags to filter

12 August, 2022

Sabic eyes 70% output boost by 2025 and operational base in Houston

MOSCOW (MRC) -- Saudi Basic Industries Corporation plans to boost its production capacity 70 per cent by 2025 as the Middle East’s dominant chemical maker works with new joint-venture partners and exp...

#petrochemistry #news #PP #PS #PE #Sabic #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

12 August, 2022

Braskem swings to Q2 net loss

MOSCOW (MRC) -- Braskem swung to a second-quarter net loss of USD281m after earnings were weighed partly by lower sales volumes of main chemicals in Brazil and polypropylene (PP) in Europe, said the c...

#petrochemistry #news #PP #PE #petroleum products #Braskem #MRC #polymers #petroleum #Siraya neft More 2 +Add all tags to filter

12 August, 2022

Petro Rabigh profits surge 93% to SR1.38 bln in Q2

MOSCOW (MRC) -- Petro Rabigh's net profit surged by 93.2% year on year in the second quarter on the back of higher refining margins, said Maal.The operational profit amounted to SR 1.5 billion in the ...

#petrochemistry #news #PP #PE #petroleum products #Petro Rabigh #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

12 August, 2022

Indonesia asks Pertamina to limit subsidized fuel sales

MOSCOW (MRC) -- Indonesia's government has asked state energy firm Pertamina to limit its sales of subsidized fuels so as not to increase pressure on energy subsidies, said Hydrocarbonprocessing.Indon...

#petrochemistry #Indonesia #news #petroleum products #Pertamina #MRC #petroleum #petrochemistry +Add all tags to filter

12 August, 2022

India produces ethanol from rice straw

MOSCOW (MRC) -- India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal, s...

#petrochemistry #ethylene #India #news #PE #Ethanol #MRC #polymers #Etanol +Add all tags to filter

11 August, 2022

Wood to engineer innovative Europe olefin complex

MOSCOW (MRC) -- Wood, the global consulting and engineering company, has secured a new contract with INEOS in excess of USD100 MM to deliver engineering, procurement and construction management (EPCm)...

#petrochemistry #Europe #news #PP #PE #ethylene #MRC #polymers #Olefini #petroleum +Add all tags to filter

11 August, 2022

bp to sell interest in bp-Husky Toledo Refinery to Cenovus

MOSCOW (MRC) -- bp has reached an agreement to sell its 50% interest in the bp-Husky Toledo Refinery in Ohio to Calgary-based Cenovus, its joint venture partner in the facility, said Hydrocarbonproces...

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11 August, 2022

Ampol lets contract for its Future Fuels Desulfurization Project

MOSCOW (MRC) -- In a win for sustainability, Kent has been awarded the Future Fuels Desulphurization Project by Ampol, where they will support the reduction of fuel emissions by 2025, said Hydrocarbon...

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11 August, 2022

Versalis Dunastyr selects Antea Web AIM software

MOSCOW (MRC) -- Versalis Dunastyr, a major petrochemical company based in Hungary, has selected Antea Web — the complete suite of Antea’s globally leading asset integrity management (AIM) software wit...

#petrochemistry #news #PP #PE #Versalis #MRC #polymers #petrochemistry +Add all tags to filter

11 August, 2022

Toyo awarded refinery plant project at Vadodara

MOSCOW (MRC) -- Toyo Engineering India Private Limited, a wholly owned subsidiary of Toyo Engineering Corporation, has been awarded a contract by Indian Oil Corporation Limited for the Engineering, Pr...

#petrochemistry #news #petroleum products #Toyo Engineering #MRC #recycling #petroleum #petrochemistry +Add all tags to filter

11 August, 2022

July fuel demand rises 6.1% year-on-year in India

MOSCOW (MRC) -- India's fuel demand in July rose 6.1% year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday, said Hydrocarbonprocessing.Consumpti...

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11 August, 2022

Japanese refiner Idemitsu Kosan raises annual profit forecast

MOSCOW (MRC) -- Japan's second-biggest oil refiner Idemitsu Kosan Co on Tuesday raised its annual profit forecast by 70% after reporting record first-quarter earnings, buoyed by higher prices of oil a...

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11 August, 2022

Russia to resume oil flows to Slovak oil refiner Slovnaft

MOSCOW (MRC) -- Slovak oil refiner Slovnaft said on Wednesday it expected Russian oil flows through Ukraine to resume in the coming days after it had made a payment for transit through Ukraine to remo...

#petrochemistry #news #petroleum products #crude oil #Slovnaft #Eni #MRC #petroleum #Siraya neft #petrochemistry More 1 +Add all tags to filter

11 August, 2022

Japan lowers gasoline subsidy

MOSCOW (MRC) -- Japan lowered its gasoline subsidy for oil distributors to 31.4 yen (23.3 cents) a litre for the seven days from Thursday, versus 37.7 yen a week earlier, the industry ministry said on...

#petrochemistry #Japan #news #petroleum products #crude oil #MRC #petroleum #Siraya neft #petrochemistry #neftegaz +Add all tags to filter

11 August, 2022

Topsoe joins circular industrial plastics initiative, will increase plastic recycling by 20%

MOSCOW (MRC) -- The newly formed partnership, Circular Industrial Plastics, which consists of large Danish companies, commits to increase recycling of industrial plastics by at least 20% before 2025, ...

#petrochemistry #Denmark #news #BASF #Grundfos #MRC #packaging #packaging bags #petrochemistry +Add all tags to filter

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