Commodity market analytics

29 September, 2023

Wacker Expands Capacity for Specialty Silicones in China

MOSCOW (MRC) -- Wacker Chemie started the construction of several new production lines to expand its specialty silicone manufacturing capacities at the Zhangjiagang site in Jiangsu Province, China, sa...

#petrochemistry #China #news #Wacker Chemie #MRC #compounding #compounds +Add all tags to filter

29 September, 2023

Arkema to Expand Capacity for Organic Peroxides in China

MOSCOW (MRC) -- Arkema plans a two-and-a-half-fold increase of its organic peroxide production capacities at the Changshu site in China, said Chemanager-online.This investment of around €50 million, t...

#petrochemistry #news #PVC #Arkema #Kem One (Arkema) #MRC #coatings #compounding #compounds #polymers +Add all tags to filter

29 September, 2023

Singapore's middle distillates stocks hit over 6-month high on jet fuel imports

MOSCOW (MRC) -- Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outf...

#petrochemistry #Singapore #news #petroleum products #diesel #crude oil #MRC #petroleum #tyazhelie distillyati #Siraya neft +Add all tags to filter

29 September, 2023

DuPont Opens New Adhesives Facility in China

MOSCOW (MRC) -- DuPont officially opened its new adhesives production facility in Zhangjiagang (ZJG), eastern China, on Wednesday, said Chemanager-online.The new facility will produce adhesives to ser...

#petrochemistry #news #DuPont #MRC #coatings #rigid compound #compounding +Add all tags to filter

29 September, 2023

Borealis Appoints Two Vice Presidents within Polyolefins Business Unit

MOSCOW (MRC) -- Borealis has appointed two vice presidents within its polyolefins business unit, said the company. Britta Warnke, who takes on the role of vice president Energy, joined Borealis in 201...

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

29 September, 2023

BASF gets long-term access to Qore’s bio-based BDO

MOSCOW (MRC) -- BASF has inked an agreement with Qore LLC for long-term access to the latter’s bio-based 1,4-butanediol (BDO), the companies said in a joint statement.Qore LLC, a joint venture between...

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

29 September, 2023

EU court imposes EUR32 mln fine on Britain for pleasure boat fuel

MOSCOW (MRC) -- The European Union's Court of Justice imposed on Thursday a USD33.6 MM fine on Britain, arguing the UK had failed to prohibit using marked fuel in private pleasure boats within a time ...

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

29 September, 2023

BASF sells Lusatian Neopolen foam business

MOSCOW (MRC) -- BASF sells its Neopolen business to Knauf Industries GmbH, said the company.This affects the BASF site in Schwarzheide (Oberspreewald-Lausitz), where the production facility is located...

#petrochemistry #homopolymer PP #PP block copolymer #PP random copolymer #news #PP #BASF #MRC #polymers +Add all tags to filter

29 September, 2023

Pemex struggles to boost oil refining in Aug as fuel imports rise

MOSCOW (MRC) -- Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their cap...

#petrochemistry #news #PE #petroleum products #crude oil #Pemex Petrochemicals #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

29 September, 2023

INEOS announces the acquisition of the Eastman Texas City site

MOSCOW (MRC) -- INEOS has announced it has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site, including the 600kt Acetic Acid plant and all associated third pa...

#petrochemistry #USA #news #Eastman Chemical #MRC #compounding #compounds +Add all tags to filter

28 September, 2023

China refiner Shenghong in preliminary deal with Saudi Aramco for equity investment

MOSCOW (MRC) -- China's privately controlled Jiangsu Eastern Shenghong Co Ltd said on Wednesday it had entered a preliminary deal with Saudi Aramco for the Middle Eastern oil major to become a minorit...

#petrochemistry #China #news #PP #PE #ethylene #Saudi Aramco #MRC #polymers #Olefini More 1 +Add all tags to filter

28 September, 2023

PPG introduces high-performance UF membranes and filter elements for improved industrial water reuse

MOSCOW (MRC) -- PPG announced the introduction of a high-performance ultrafiltration (UF) membrane and filter elements for industrial process water and wastewater applications, said the company.The ne...

#petrochemistry #news #PPG #MRC #construction #compounding #compounds #coatings #paints and coatings +Add all tags to filter

28 September, 2023

Samsung Engineering receives FEED contract for Saudi Petrochemical Project

MOSCOW (MRC) -- Samsung Engineering, a world leading engineering solutions and project management company, announced today that it received the NoA(Notice of Award) for the FEED (Front End Engineering...

#petrochemistry #Saudi Arabia #news #PP #Samsung Engineering #MRC #petrochemistry #polymers +Add all tags to filter

28 September, 2023

Taiwan's CPC Corp seeks second jet fuel cargo this year

MOSCOW (MRC) -- Taiwan's CPC Corp is seeking to procure a jet fuel cargo for delivery between mid-October and early November via a spot tender, a second such purchase this year, as per Reuters. The st...

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

28 September, 2023

Tim Knavish elected PPG Chairman and CEO; Michael McGarry to retire as Executive Chairman

MOSCOW (MRC) -- PPG announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the company’s Board of Directors and CEO...

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

28 September, 2023

Kuwait's oil exports shift from crude oil to petroleum products

MOSCOW (MRC) -- Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analys...

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

28 September, 2023

Tecnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement

MOSCOW (MRC) -- Tecnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Na...

#petrochemistry #news #PP #PE #petroleum products #Sinopec #MRC #polymers #petroleum #petrochemistry +Add all tags to filter

28 September, 2023

How serious is Russia's fuel export ban and who will be hit

MOSCOW (MRC) -- Russia said on Sept. 21 it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade ...

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

28 September, 2023

Neste expands its renewable fuels supply capabilities in Southern California

MOSCOW (MRC) -- Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure prov...

#petrochemistry #news #petroleum products #Neste oil #MRC #petrochemistry #recikling #petroleum +Add all tags to filter

28 September, 2023

Peacock Project secures exclusive power deal with ExxonMobil-SABIC JV for sustainable materials production

MOSCOW (MRC) -- bp has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower...

#petrochemistry #USA #news #Exxon Mobil #Sabic #British petroleum #MRC #packaging #ekstruziya plenok +Add all tags to filter

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