Commodity market analytics

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19 August, 2022

Azelis strengthens R&PA presence in Turkey

MOSCOW (MRC) -- Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire 100% of the shares o...

#petrochemistry #news #MRC #Azelis Coating #compounding #compounds #coatings +Add all tags to filter

19 August, 2022

SK Geo Centric & Weixing to establish JV to build EAA production plant in China

MOSCOW (MRC) -- Beijing SK Geo Centric has signed an agreement with Weixing Chemical to form a joint venture that will construct a new ethylene acrylic acid (EAA) manufacturing facility in China to re...

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

19 August, 2022

Shell cuts output at German Rhineland refinery due to drought

MOSCOW (MRC) -- Oil major Shell said it had to cut output at its German Rhineland refining facility, which makes fuels, heating oil and petrochemicals, citing low Rhine levels that have made the trans...

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19 August, 2022

Bio-attributed PVC Biovyn helps meet automotive customers demand for sustainable raw materials

MOSCOW (MRC) -- Continental has announced it has entered into an agreement with Inovyn to use Inovyn’s Biovyn, a bio-attributed PVC, to produce the technical and decorative surface materials it suppli...

#petrochemistry #news #PVC #Inovyn #MRC #sustainable development #recycling #polymers +Add all tags to filter

19 August, 2022

Honeywell finalizes engineering evaluation for PEC Aromatics project in Malaysia

MOSCOW (MRC) -- Johor'Honeywell has completed the engineering assessment for Pengerang Energy Complex's (PEC) greenfield integrated condensate splitter and aromatics complex to be built in Johor, Mala...

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19 August, 2022

Turkish re-refinery completes one year of operations

MOSCOW (MRC) -- AYRAS and Sequoia announced the completion of one year of operations of TAYRAS’ state-of-the-art re-refining plant located in Osmaneli, Turkey, said Hydrocarbonprocessing.The plant is ...

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19 August, 2022

Industry asks court to quash Canadas single-use plastics ban

MOSCOW (MRC) -- A coalition of plastics companies has sued to block Canada's ban on six single-use plastic products, challenging Ottawa's decision to declare them "toxic" and prohibit them, said Susta...

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19 August, 2022

Brazils antitrust watchdog postpones decision on Petrobras refinery sale

MOSCOW (MRC) -- Brazil's state-run oil company Petrobras said it has signed a contract to sell the REMAN refinery in the northern state of Amazonas for USD189.5 MM to Ream Participacoes S.A., a subsid...

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19 August, 2022

Honeywell to modernize systems at ExxonMobil manufacturing plants

MOSCOW (MRC) -- Honeywell announced it will upgrade ExxonMobil’s existing operations control systems to Experion Process Knowledge System (PKS) at their downstream refinery and chemical plant operatio...

#petrochemistry #news #petroleum products #Exxon Mobil #Honeywell #MRC #petroleum #petrochemistry +Add all tags to filter

18 August, 2022

Amcor to sell its three factories in Russia

MOSCOW (MRC) -- Amcor announced that it will be selling its three factories in Russia, said Polymerupdate.This announcement is in line with its statement in March regarding scaling down activities and...

#petrochemistry #PET-granulate #news #AMCOR #MRC #packaging #PET bottles #PET preforms +Add all tags to filter

18 August, 2022

Tatneft will produce helium and LNG

MOSCOW (MRC) -- Tatneft will produce helium and LNG, said Polymerupdate.The company is reconstructing a cryogenic unit for deep processing of dry stripped gas to produce new products. The project docu...

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18 August, 2022

Brenntag to distribute specialty polymers in the United State and Canada

MOSCOW (MRC) -- Brenntag, the global market leader in chemicals and ingredients distribution, has become the exclusive distributor of Nouryon’s specialty polymers in the United State and Canada, said ...

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

18 August, 2022

Singapore non-oil exports expand at slower pace of 7% in July

MOSCOW (MRC) -- Singapore's non-oil domestic exports (NODX) grew at a slower pace of 7 per cent year-on-year in July after the revised 8.5 per cent growth in June, expanding for the 20th straight mont...

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18 August, 2022

North American weekly chemical railcar traffic rises 1.0%

MOSCOW (MRC) -- North American chemical railcar traffic rose by 1.0% year on year to 46,133 loadings for the week ended 13 August, according to the latest freight rail data from the Association of Ame...

#petrochemistry #North America #news #petroleum products #MRC #petroleum #petrochemistry #neftegaz +Add all tags to filter

18 August, 2022

Wood awarded two major multi-million-dollar projects in Uzbekistan

MOSCOW (MRC) -- Wood, the global consulting and engineering company, has secured two new contracts from Enter Engineering with a combined value of over USD200 million, to deliver major capital investm...

#petrochemistry #Uzbekistan #news #PP #PE #petroleum products #MRC #polymers #petroleum #petrochemistry More 1 +Add all tags to filter

18 August, 2022

Mitsui Chemicals and Teijin to produce biomass-derived BPA and polycarbonate

MOSCOW (MRC) -- Mitsui Chemicals, Inc. (Tokyo) and Teijin Ltd. (Toyko) jointly announced that they will become Japan’s first companies to develop and market biomass-derived bisphenol A (BPA) and polyc...

#petrochemistry #PC granules #bisphenol A #phenol #news #Mitsui #Teijin Chemicals #MRC +Add all tags to filter

18 August, 2022

Sasol Chemicals plans to double its use of green steam

MOSCOW (MRC) -- Sasol Chemicals, a business unit of Sasol Ltd. (Johannesburg, South Africa),plans to double its use of green steam from a first of its kind biomass cogeneration facility adjacent to it...

#petrochemistry #news #PP #PE #petroleum products #Sasol #MRC #polymers #petroleum #Siraya neft More 1 +Add all tags to filter

18 August, 2022

Showa Denko swings to profit

MOSCOW (MRC) -- On 4 Aug 2022, Showa Denko Group reported financial results for 1H 2022. In the Mobility segment, sales decreased by 3.2% from the year-before period to Yen 86,689 M, said the company....

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18 August, 2022

Baker Hughes opens new chemicals facility in Singapore

MOSCOW (MRC) -- Baker Hughes is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery...

#petrochemistry #USA #news #petroleum products #crude oil #Baker Petrolite #MRC #petroleum #Siraya neft #petrochemistry +Add all tags to filter

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