Commodity market analytics

14 March, 2023

Chimei begins mass production at new PS plant in China

MOSCOW (MRC) -- Zhangzhou CHIMEI Chemical Co., Ltd. announced the official start of mass production at its newly-built PS production lines on March 10, said the company.These production lines, with an...

#petrochemistry #GPPS #HIPS #EPS #news #PS #Zheniiang Chimei Chemical #MRC #polymers +Add all tags to filter

14 March, 2023

BASF Venture Capital GmbH invests in WayBeyond

MOSCOW (MRC) -- BASF Venture Capital GmbH (BVC), the corporate venture capital company of BASF SE, is investing in WayBeyond. Founded in New Zealand and now headquartered in the United States, WayBeyo...

#petrochemistry #news #petroleum products #chemical fertilizers #BASF #MRC #compounding #compounds #petroleum #mineral fertilizers +Add all tags to filter

14 March, 2023

Indorama Ventures outlines plan for disciplined, sustainable growth

MOSCOW (MRC) -- Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, today outlined its business strategy at its 2023 Capital Markets Day in Bangkok, including enhan...

#petrochemistry #PET-granulate #monoethylene glycol (MEG) #news #Indorama Polymers #Indorama Ventures PLC #MRC +Add all tags to filter

14 March, 2023

Lummus-BASF awarded technology contracts for Kazakhstan petrochem plant

MOSCOW (MRC) -- Lummus Technology announced Butadiene LLP has selected its iC4 CATOFIN®, CATADIENE®, CDMtbe® technologies and BASF's butadiene extraction technology for units at Butadiene LLP's new pe...

#petrochemistry #butadien #news #BASF #Chevron Phillips #Chevron #MRC +Add all tags to filter

13 March, 2023

LyondellBasell and Grenergy sign five 15-year solar power purchase agreements

MOSCOW (MRC) -- LyondellBasell and Grenergy signed five long-term solar power purchase agreements (PPAs). Under the 15-year contracts, the Spanish renewable energy producer will supply solar energy fr...

#petrochemistry #news #PP #PE #ethylene #LyondellBasell #MRC #compounding #compounds #polymers More 3 +Add all tags to filter

13 March, 2023

Citgo Petroleum posts record USD2.8 B profit for 2022

MOSCOW (MRC) -- Refiner Citgo Petroleum Corp on Thursday reported record net profit of USD2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' l...

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

13 March, 2023

S-OIL breaks ground on USD7bn South Korean petrochemical project

MOSCOW (MRC) -- S-OIL held the groundbreaking ceremony at S-OIL Ulsan Refinery in the presence of President Yoon Suk Yeol for the 9.258 trillion Won Shaheen Project, Korea’s biggest ever petrochemical...

#petrochemistry #HDPE #LLDPE #ethylene #South Korea #news #PE #petroleum products #Saudi Aramco #MRC More 2 +Add all tags to filter

13 March, 2023

Eni to supply biofuels to Italian logistics group

MOSCOW (MRC) -- Energy group Eni has signed a two-year contract with Italy's Spinelli to power the trucks of the logistic group with a diesel fuel produced from 100% renewable raw materials, said Hydr...

#petrochemistry #LDPE #news #PE #petroleum products #crude oil #Eni #MRC #polymers #petroleum More 1 +Add all tags to filter

13 March, 2023

Indian fuel demand in February was the highest in 24 years

MOSCOW (MRC) -- India's fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia's third biggest economy boosted by cheap Russian o...

#petrochemistry #India #news #petroleum products #crude oil #Poliesterpolioli #BASF #MRC #petroleum #Siraya neft More 2 +Add all tags to filter

13 March, 2023

Russia exporting diesel to Saudi via STS loadings

MOSCOW (MRC) -- Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies, market sources said and Refinitiv data showed, said Hydrocarb...

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

13 March, 2023

Brazil senator to probe sale of Petrobras refinery to Mubadala

MOSCOW (MRC) -- A Brazilian senator called on Thursday for a Congressional investigation into the sale of a Petrobras refinery to United Arab Emirates' Mubadala Capital, citing a suspected link to jew...

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

13 March, 2023

New Talara refinery will be 100% operational in three months

MOSCOW (MRC) -- In a press conference with members of the Association of Foreign Press in Peru (APEP), the Chairman of the Board of Petroperu, Carlos Vives Suarez, reported that Petroperu has all the ...

#petrochemistry #news #PP #PE #petroleum products #New Refinery Talara #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

13 March, 2023

Saudi oil giant Aramco posts record USD161 billion profit for 2022

MOSCOW (MRC) -- Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of USD161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company...

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

13 March, 2023

Guanghui Energy builds up carbon capture, utilisation and storage demonstration project in China

MOSCOW (MRC) -- Guanghui Energy has completed mechanical construction of a 100,000 tonne/year carbon capture, utilisation and storage (CCUS) demonstration project at Xinjiang, the company said.The pro...

#petrochemistry #China #news #ethylene #petroleum products #Chevron Phillips #Xinjiang Guanghui #MRC #sustainable development #Olefini More 1 +Add all tags to filter

10 March, 2023

Evonik expands production capacity for DL-methionine in Singapore

MOSCOW (MRC) -- Evonik is expanding its capacity to produce MetAMINO (DL-methionine) on Jurong Island, Singapore, by 40,000 metric tons to around 340,000 metric tons per year, said the company.The hig...

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

10 March, 2023

SABIC inks pact with Coolbrook to decarbonize ethylene production

MOSCOW (MRC) -- Finnish engineering and technologies company Coolbrook on Thursday announced a collaboration with Saudi Arabia’s petrochemicals major SABIC on piloting its RotoDynamic Reactor (RDR) te...

#petrochemistry #news #PP #PE #ethylene #Sabic #Linde Group #MRC #polymers #Olefini +Add all tags to filter

10 March, 2023

EU countries to meet to discuss proposed vehicle emissions law

MOSCOW (MRC) -- The Czech Republic has invited transport ministers from 11 European Union counties to meet in Strasbourg on Monday to discuss emissions-cutting policies amid a dispute over the bloc's ...

#petrochemistry #butadien #Czech Republic #news #petroleum products #crude oil #Synthos #MRC #petroleum #Siraya neft More 3 +Add all tags to filter

10 March, 2023

French protests are disrupting fuel supplies

MOSCOW (MRC) -- Workers striking over proposed changes to France's pension system continued to block fuel deliveries and reduce electricity production at several sites on Thursday, said Hydrocarbonpro...

#petrochemistry #news #PP #PE #petroleum products #Total Petrochemicals #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

10 March, 2023

QatarEnergy and CPChem begin construction of USD8.5 bn petrochemical facility

MOSCOW (MRC) -- QatarEnergy and Chevron Phillips Chemical Company (CPChem) marked the groundbreaking of the Golden Triangle Polymers Plant in Orange County, in Texas, U.S., marking the beginning of co...

#petrochemistry #news #PP #PE #Chevron Phillips #Chevron #QatarEnergy #MRC #polymers +Add all tags to filter

10 March, 2023

Chevron and JERA sign MOU to explore carbon capture and storage projects in United States and Australia

MOSCOW (MRC) -- Chevron and JERA sign MOU to explore carbon capture and storage projects in United States and Australia, said the company.Chevron New Energies (Chevron), a division of Chevron U.S.A. ...

#petrochemistry #Australia #USA #news #PP #PE #petroleum products #Chevron Phillips #Chevron #MRC More 3 +Add all tags to filter

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