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16 August, 2022

MEGlobal nominates ACP for August at USD820 per tonne

MOSCOW (MRC) -- MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD820/MT CFR Asian main ports for arrival August 2022, said the company.The August 2022 AC...

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16 August, 2022

Berry Superfos makes best selling products available in rPET

MOSCOW (MRC) -- Berry Superfos has launched some of its top-selling thermoformed and injection stretch blow moulded food packs manufactured in recycled PET (rPET), said Packagingnews.RPET is now avail...

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16 August, 2022

Constantia Flexibles targets growth with acquisition of FFP Packaging Solutions

MOSCOW (MRC) -- Constantia Flexibles has acquired FFP Packaging Solutions in a bid to expand its market position and build stronger relationships in the UK food sector, said Packagingnews.The deal for...

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16 August, 2022

Dow declares quarterly dividend of 70 cents per share

MOSCOW (MRC) -- Dow has declared a dividend of 70 cents per share, payable September 9, 2022, to shareholders of record on August 31, 2022, said the company.This marks the 444th consecutive dividend p...

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16 August, 2022

Greiner Packaging joins RECOUP

MOSCOW (MRC) -- Greiner Packaging UK & Ireland (GPUK) has joined RECOUP, the UK charity and leading authority providing expertise and guidance across the plastics recycling value chain, said the compa...

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16 August, 2022

Henkel increased sales by 8.9% in the first half of the year

MOSCOW (MRC) -- Germany-based Henkel recorded 8.9% organic sales growth in 1H 022 and raised its full-year guidance, said the company.In nominal terms, the company's revenue in January-June increased ...

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16 August, 2022

Huntsman announced agreement to sell Textile Effects Division

MOSCOW (MRC) -- Huntsman Corporation announced it has entered into a definitive agreement to sell its Textile Effects division to Archroma, a portfolio company of SK Capital Partners, said the company...

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16 August, 2022

PDVSA pauses oil-for-debt shipments to Europe, wants product swaps

MOSCOW (MRC) -- Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy's Eni and Spain's Repsol to provide it with fuel in exchange for future cargoes, th...

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16 August, 2022

How China manages refined fuel exports

MOSCOW (MRC) -- China's refined fuel exports are likely to sink in 2022 to the lowest in seven years as the country seeks to maintain ample domestic supplies while refinery output posts a rare decline...

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15 August, 2022

Europe heading into winter with low storage levels of diesel

MOSCOW (MRC) -- Europe is heading into winter with seasonally low levels of diesel in storage tanks, with major implications for the continent's industries and drivers in the run-up to EU sanctions on...

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

15 August, 2022

Covestro declares force majeure in Germany

MOSCOW (MRC) -- Covestro declared force majeure on 10 August on several products due to a chlorine leak according to a company source, said the company.According to the letter, a partial resumption of...

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15 August, 2022

Citgo Petroleum posts record USD1.28 B profit

MOSCOW (MRC) -- U.S. oil refiner Citgo Petroleum reported second quarter earnings that surged to USD1.28 B, the highest quarterly profit in its history, on higher crude processing volumes and stronger...

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15 August, 2022

Stratasys buying Covestro additive manufacturing materials business

MOSCOW (MRC) -- Material supplier Covestro AG is selling its additive manufacturing materials business to additive manufacturing pioneer Stratasys Ltd. for approximately 43 million euros (USD43 millio...

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15 August, 2022

Saudi Aramco unveils record USD48.4 bn profit in Q2

MOSCOW (MRC) -- Saudi Aramco's second-quarter net profit surged to a record riyal (SR) 181.6bn (USD48bn), on the back of higher crude oil prices and sales volumes, said the company.The quarterly earni...

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15 August, 2022

PetroChina, Sinopec to delist from NYSE

MOSCOW (MRC) -- Five major Chinese companies including two of the country's largest oil producers will delist from the New York Stock Exchange, said Ndtv.Sinopec and PetroChina -- two of the world's b...

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15 August, 2022

Songwon doubles EBITDA and operating profit in Q2

MOSCOW (MRC) -- Songwon more than doubled its operating profit for the second quarter, benefiting from high demand, said the company. The company’s earnings before interest, taxation, depreciation and...

#petrochemistry #news #PVC #PP #PE #Gazprom neftekhim Salavat #Songwon Industrial #MRC #polymers #petroleum More 1 +Add all tags to filter

15 August, 2022

HIP Petrohemija declares FM on PE supplies from Pancevo

MOSCOW (MRC) -- HIP Petrohemija declares FM on PE supplies from Pancevo, said Nctww.According to a letter sent to its customers, Serbia’s HIP Petrohemija declared a force majeure on all of its product...

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15 August, 2022

Indonesian government warns of fuel price hike

MOSCOW (MRC) -- Indonesians must prepare for a potential hike in fuel prices as the government looks to control its ballooning energy subsidies amid high global oil prices, said Hydrocarbonprocessing....

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15 August, 2022

Sabic posts near 4% rise in Q2 net profit

MOSCOW (MRC) -- Saudi Basic Industries Corp (Sabic) said that it expects margins to be under pressure in the second half of 2022, due to a slowdown in global growth, lockdowns in China, conflict in Eu...

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