Saudi Arabia’s YANSAB Q2 2013 net profit up 3.2% at $179m

Saudi Arabia's YANSAB Q2 2013 net profit up 3.2% at $179m

Saudi Arabia's YANSAB Q2 2013 net profit up 3.2% at $179m SINGAPORE–Saudi Arabia’s Yanbu National Petrochemical Co (YANSAB) said over the weekend of 13-14 July its More...

Europe July PX contract price confirmed at €1,100/tonne

Europe July PX contract price confirmed at €1,100/tonne

LONDON-The July European paraxylene (PX) contract has been fully agreed at €1,100/tonne ($1,410/tonne), up €8/tonne from the previous month, as the initial settlement received More...

Asia naphtha differentials to improve on active spot buying

Asia naphtha differentials to improve on active spot buying

SINGAPORE –Asia’s naphtha price differentials are expected to improve, buoyed by heightened spot buying from Taiwanese and South Korean cracker operators, as well as More...

Lender sells promoter firm United Breweries Holdings 1% stake: Mangalore Chemicals

Lender sells promoter firm United Breweries Holdings 1% stake: Mangalore Chemicals

NEW DELHI: Mangalore Chemicals and Fertilizers (MCFL) today said 1.02 per cent of the stake belonging to its promoter firm United Breweries Holdings has been sold by a lender. UB More...

Byco Oil Pakistan delays building aromatics project to 2014

KARACHI -Byco Oil Pakistan Ltd (BOPL) is delaying building its $400m (€312m) aromatics project near the port city of Karachi until the second quarter of 2014, the company’s More...

Mitsubishi, Toyo Thai to build seawater desalination plant in Qatar

Mitsubishi, Toyo Thai to build seawater desalination plant in Qatar

TOKYO, JAPAN/DOHA, QATAR: Mitsubishi Corporation together with Toyo Thai Corporation Public Company Limited have concluded More...

Mr. Sunil Jain, President, Rajoo Engineers

Mr. Sunil Jain, President, Rajoo Engineers

Good afternoon, today we have with us Mr. Sunil Jain, President, Rajoo Engineers, Rajkot, India. Mr. Sunil Jain, More...

hina LDPE may rise as supply tightens on Thai plant shutdown China LDPE may rise as supply tightens on Thai plant shutdown

SINGAPORE –China’s linear low density polyethylene (LDPE) import prices may rise in the coming weeks on...

Asia MIBK may extend falls on easing feedstock, supply overhang Asia MIBK may extend falls on easing feedstock, supply overhang

MELBOURNE–Spot methyl isobutyl ketone (MIBK) prices in Asia may track easing feedstock acetone prices and decline...

Asia benzene derives strength solely from SM Asia benzene derives strength solely from SM; spot demand weak

SINGAPORE-Asia’s benzene players are taking a more cautious stance on the market over the past two...

Sorfert Algeria to start commercial production, exports in August

Sorfert Algeria to start commercial production, exports in August

LONDON–Commercial ammonia and urea production at the new $2bn (€1.54bn) Sorfert Algeria plant will finally More...

Fears over Suez Canal access spark early buying of Africa PE, PP

LONDON-The political unrest in Egypt is sparking fears in the African polyethylene (PE) and polypropylene (PP) markets that the Suez Canal..

S Africa PE, PP importers finding business conditions tough

LONDON–A combination of a frequently fluctuating rand, poor demand, high prices and increased costs continues to make business difficult for importers..

Rising US shale oil production to supply NGLs to chems

Rising US shale oil production to supply NGLs to chems

HOUSTON –As companies increase shale oil production in the US, they will also produce natural gas liquids More...

Bruce Roth, Inventor of Lipitor(R), to Receive 2013 SCI Perkin Medal

Discoverer of Most Successful Drug in the History of the Pharmaceutical Industry Will Be Honored at the Final Event of Innovation..

Total to pay nearly $400m in alleged Iran bribery case

French energy giant Total has agreed to pay nearly $400m (€312m) to resolve allegations that it violated US anti-corruption law by..

Industrial Controls And Automation Packages From Ross SysCon

Industrial Controls And Automation Packages From Ross SysCon Ross SysCon has announced that it is branching out its process control and automation services to more applications in the pharmaceutical,..
Syngenta to invest $77 million in corn seed facility expansion in Brazil

Syngenta to invest $77 million in corn seed facility expansion in Brazil

ZURICH, SWITZERLAND: Syngenta plans to invest $77 million in the expansion of its corn seed production facility in Formosa, Brazil. Annual..
Chevron Confirms First Cargo From Angola LNG

Chevron Confirms First Cargo From Angola LNG

Following its largest inventory expansion to date, Charles Ross & Son Company announces that over 80 Ribbon Blenders, sized for different..
National Chemical Policy to help sector raise its share in manufacturing to 25%: President Pranab Mukherjee

National Chemical Policy to help sector raise its share in manufacturing to 25%: President Pranab Mukherjee

MUMBAI: President Pranab Mukherjee said in Mumbai on Thursday that the National Chemical Policy, being prepared by the government, would help..