Commodity market analytics

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21 September, 2023

TotalEnergies to Build a New Plastic Recycling Unit at the Grandpuits

MOSCOW (MRC) -- TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris, said the company.This new investment follows th...

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21 September, 2023

BASF obtains long-term access to bio-based 1,4-butanediol QIRA

MOSCOW (MRC) -- BASF is obtaining long-term access to QIRA bio-based 1,4-butanediol (BDO) from Qore LLC (Qore), a joint venture of Cargill and HELM AG, said the company.BASF and Qore have concluded an...

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21 September, 2023

Brenntag acquires US-based stabilizer manufacturer

MOSCOW (MRC) -- Brenntag entered an agreement to acquire Colony Gums, Inc., a US-based manufacturer of stabilizer blends and a blending services provider, said the company.Colony Gums is a family-owne...

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21 September, 2023

Russian oil producers send CPC Blend to UAE, open new export route

MOSCOW (MRC) -- Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, traders told Reuters, opening up a new export route as ...

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21 September, 2023

Dutch firms get up to USD49 bn annually in fossil fuel subsidies

MOSCOW (MRC) -- Industrial companies in the Netherlands get USD42-49 B in tax breaks and subsidies annually for using fossil fuels, the Dutch government said in a report aimed at spurring internationa...

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21 September, 2023

Britain delays ban on new petrol and diesel cars to 2035

MOSCOW (MRC) -- Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said on Wednesday, adding that the cars would still be available to bu...

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21 September, 2023

China's fuel oil imports ease for second straight month in August

MOSCOW (MRC) -- China's fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed on Wednesday, as per Reuters.Total fuel oil imports ...

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21 September, 2023

North America chem rail traffic rises

MOSCOW (MRC) -- North American chemical rail traffic rose for a fifth consecutive week, with railcar loadings for the week ended 16 September up 2.0% year on year to 46,964, according to the Associati...

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21 September, 2023

Russia remains China's top oil supplier in August, sales up 26%

MOSCOW (MRC) -- Russia maintained its spot as China's top crude oil supplier in August, Chinese government data showed on Wednesday, even as discounts on Russian crude continued to narrow and Moscow c...

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20 September, 2023

Henkel joins with MedTech Europe to drive innovation in the medical technology industry

MOSCOW (MRC) -- Henkel, a leading global provider of adhesives, sealants and functional coatings, today announced its membership with MedTech Europe, the industry association representing the medical ...

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20 September, 2023

TotalEnergies On: A Third Selection of Start-Ups Working to Advance The Energy Transition

MOSCOW (MRC) -- Ten new companies joined the TotalEnergies On program, the accelerator for start-ups developing products and/or services in the fields of electricity and renewable energies, said the c...

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20 September, 2023

LanzaJet strengthens collaboration with Technip Energies to accelerate the global deployment of SAF

MOSCOW (MRC) -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, and Technip Energies today announced an agreement to strengthen their exclusive collaboration t...

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20 September, 2023

KBR to supply ammonia cracking unit for South Korean hydrogen power plant project

MOSCOW (MRC) -- US-based engineering firm KBR’s hydrogen technology has been selected by Hanwha Impact Corporation to make up part of its commercial ammonia cracking unit in Daesan, South Korea, said ...

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20 September, 2023

Toray and Honda Start Jointly Validating Chemical Nylon 6 Recycling for Automotive Applications

MOSCOW (MRC) -- Toray Industries, Inc., announced it signed an agreement with Honda Motor Co., Ltd., to jointly develop a chemical recycling technology for glass-fiber reinforced nylon 6 parts recover...

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20 September, 2023

SABIC an highlights its initiatives toward solving global mega trends

MOSCOW (MRC) -- SABIC Agri-Nutrients Company (SABIC AN) highlighted its position as an innovative and sustainable leader contributing to solving global megatrends during its participation as a princip...

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20 September, 2023

BASF launches first biomass balance plastic additives

MOSCOW (MRC) -- BASF announced the launch of the industry’s first biomass balance offerings for plastic additives, said the company.The initial offerings, including Irganox 1010 BMBcert and Irganox 10...

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20 September, 2023

Russia considers temporary fuel export ban due to domestic crunch

MOSCOW (MRC) -- The Russian government is considering a complete ban on the export of oil products for a certain period of time in order to stabilize domestic fuel prices, said Reuters. Another option...

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20 September, 2023

Origin Materials awarded BioMADE funding to advance the U.S Department of Defense sustainability goals

MOSCOW (MRC) -- Origin Materials, a leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, has been awarded funding from BioMADE, a Manufac...

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20 September, 2023

ExxonMobil expands chemical production at its Baytown, Texas manufacturing facility

MOSCOW (MRC) -- ExxonMobil announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility, said Hydrocaarbonprocessing.The USD2-B expansion is part of ExxonMo...

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