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MOSCOW (RIA Novosti) -- A minor fire broke out on Tuesday night in the territory of Kapotnia refinery, Moscow. The incident did not affect production. Information about the fire at the pumping unit at...
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(Interfax) -- In H1, Nizhnekamskneftehim received RUB 3,46 bln. net profit compared with RUB 407m net loss during the same period last year. In Q2 the company's net profit amounted to RUB 2,02 bln., w...
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(Reuters) -- Taiwan's Formosa Petrochemicals Corp plans to delay maintenance of its 1.03 mln tpa No 2 cracker from Aug. 20 to an undecided date, probably in October, to ensure steady production. Incid...
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(plastemart) -- GAIL India's plan to set up a mega gas-based petrochemical overseas plant in joint venture with Reliance Industries (RIL) has taken a back seat as the state-run gas major has decided t...
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(prw) -- PolyOne has announced that its second-quarter sales and profit were up sharply, driven by higher prices for its plastics that pumped up its margins and new markets that helped it sustain and ...
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MOSCOW (MRC) -- In 2008, the linear polyethylene market crossed the psychological checkpoint of 100 kt, and in 2009, despite the general slump, its consumption went up almost by 16% (to 116,2 kt), acc...
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(prw) -- The complete merger of China's Wanhua Industrial group with the Hungarian PVC and chemicals company BorsodChem is rapidly becoming a reality as minority shareholder Wanhua prepares to buy out...
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(Bloomberg) -- Arkema SA, the French chemical maker spun off from Total SA, raised its annual earnings forecast for the second time in 2010 as growth in China and the purchase of an acrylics unit help...
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(BusinessOnline) -- In Q2 2010, Kazanorgsyntez's profit amounted to RUB 216m, which was 70% less than Q1 figures. Including the fact that in Q1 2009 the company generated RUB786m profit, it is obvious...
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(prw) -- Ineos Group has agreed to sell its global films business to Bilcare, the Indian-based group which provides pharmaceutical packaging which enables drug stabilization and protection. The transa...
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(plastemart) -- Huntsman Corp. has agreed to acquire the chemicals business of Indian ethylene oxide derivative maker Laffans Petrochemicals Ltd. Financial terms of the agreement were not disclosed. T...
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(plastemart) -- Europe's third-biggest oil company Total SA, has reported a 72% increase in Q2 profit after projects started last year were ramped up and on significant improvements across all of its ...
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(prw) -- Eastman is yet another chemicals giant that has posted analyst-beating second quarter results. Amongst its results the company revealed a large jump in sales of coatings and speciality plasti...
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(prw) -- French chemicals group Rhodia has reported a strong second quarter. The company doubled its recurring Ebitda to ┬226m compared with ┬114m in Q2 2009. This was achieved in the face of rising r...
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(prw) -- Bayer has reported solid Q2 revenues but recorded a 1.3% slip in earnings due to one-off charges for legal proceedings and a write-down on a cancer drug.Revenues rose 14.6% to ┬9.2bn, up from...
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(Europlastic) -- On May 17, 2010, EUROPLASTIC Ltd., being the only parent company of EUROPLASTIC-UA Ltd., decided to pass 100% constitutor rights in EUROPLASTIC-UA Ltd. to VETAR Agrarian-Industrial C...
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SALAVAT (Salavatnefteorgsyntez) -- The meeting between President of The Republic of Bashkortostan R. Z. Hamitov and Salavatnefteorgsyntez CEO D. A. Shavaleev took place. The sides discussed the compan...
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(prw) -- BASF has achieved ⌠a leap in earnings due in part to recent organisational changes but also to improving market conditions, especially in the US and Asia. The German chemicals giant said earn...
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(plastemart) -- INEOS Oxide has confirmed plans to build and operate a new 1 mln ton, deep-sea Ethylene Terminal, to be constructed at its Zwijndrecht Facility, Belgium. The operation of the new deep-...
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(plastemart) -- The '5th Olefins' of Assalouyeh with capacity to produce 500,000 tpa of ethylene has been inaugurated by Iran's president. Morvarid Petchem will supply ethylene feedstock until Iran's ...
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