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August naphtha exports from India rise by 20%

August naphtha exports from India could reach about 750,000 tons- a 20% hike from July volumes, as Reliance Industries Ltd has resumed exports after skipping July spot sales, as per Reute...

30-Jul-12

MRPL keen on stake in Haldia Petro: awaits offer from State

ONGC subsidiary-Mangalore Refinery and Petrochemicals (MRPL), which wants to buy a stake in Haldia Petrochemicals has shifted the onus on the Bengal government for a quick decision on the...

30-Jul-12

Naphtha margins slump to four week low in Asia

Naphtha price in Asia ended the previous week at a two-session high of US$841.50/ton while naphtha margins slumped by 19% to a month's low as buyers held back purchases in view of squeeze...

30-Jul-12

Mitsui Chemicals to restart 500,000 tpa Osaka naphtha cracker

Japan's Mitsui Chemicals plans to restart its 500,000 tpa Osaka naphtha cracker on July 31 as expected, following planned maintenance, as per Reuters. The cracker has been shut since June...

30-Jul-12

Polymers in medical devices market

Plastics currently form one of the most important components of the medical industry. As per Reportlinker, medical device designers and engineers increasingly prefer plastic to convention...

30-Jul-12

50% capacity rise in Arkema’s Kynar® PVDF production at Changshu

Arkema has brought on stream, several weeks ahead of schedule, the 50% increase in its fluorinated polymer production capacity at its Changshu site announced early 2011. This new capacity...

30-Jul-12

Global demand for rigid packaging to grow at CAGR of 6.4% till 2016

Worldwide demand for rigid packaging is forecast to increase at 6.4% pa to US$472 bln in 2016, as per a report by ReportLinker. Factors contributing to rising demand include growth in glo...

30-Jul-12

Leak forces Formosa Petrochem to shut a residue desulphurizer unit

Formosa Petrochemical Corp has shut one of two residue desulphurizer (RDS) units with a 80,000 bpd capacity at its 540,000 bpd refinery in Mailiao due to a leak, as per Reuters. Formosa m...

30-Jul-12

Keiyo Ethylene to restart sole naphtha cracker

Maruzen Petrochemical Co Ltd expects its Keiyo Ethylene unit to restart its sole naphtha cracker, with production capacity of 768,000 tpa of ethylene, relatively soon after an unplanned s...

27-Jul-12

This week sees US propane, propylene stocks rise 1.3 mln barrels

Total US propane and propylene stocks rose 1.3 mln barrels to 66 million barrels, during the week ended July 20, data from the Energy Information Administration showed. As per Platts, mid...

27-Jul-12

Chennai Petroleum shuts refinery for maintenance- unlikely to have impact IOC's naphtha supplies

Chennai Petroleum has started planned maintenance at its 190,000 barrels per day (bpd) Manali refinery in Chennai, as per Reuters. One of three crude distillation units (CDU) is in the pr...

27-Jul-12

Protest in Taiwan on failure of EIA to include fine particles for a naphtha cracker expansion project

Environmentalists protested against an environmental impact assessment (EIA) for an expansion project at a naphtha cracker complex that failed to include fine particles, as per Taipeitime...

27-Jul-12

New method to synthesize antibacterial Polyethylene nanofibres

Iranian researchers at Tarbiat Modarres University succeeded in synthesizing antibacterial polyethylene fibers containing silver nanoparticles by using ultrasonic process through floating...

27-Jul-12

Oil prices weighed down on Eurozone concerns and rise in US crude stockpiles

Oil prices have dipped in Asia, weighed down on rising concerns about the Eurozone and a sharp spike in US crude inventories. New York's main contract, light sweet crude for delivery in S...

27-Jul-12

Cereplast granted patent for high heat resistant polymer compositions having PLA

Cereplast, Inc., a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced that the United States Patent and Trademark Office (USPTO) has granted the Compan...

27-Jul-12

Versalis, Genomatica, Novamont partner to make butadiene from renewable feedstocks

Eni's chemicals subsidiary, Versalis has inked a memorandum of understanding with Novamont, a provider of biodegradable plastics, and Genomatica, a process technology developer for renewa...

26-Jul-12

Cooperation on catalysts for sustainable chemicals made from bio-based succinic acid

Evonik Industries' Catalysts Business Line recently agreed with US based BioAmber Inc. on a long term cooperation for the development and manufacturing of catalysts for making BDO (1,4- b...

26-Jul-12

As Eurozone concerns rise, oil prices fall in Asia

Oil prices fell in Asia on persistent worries over the eurozone's debt crisis. Crude on Nymex for September delivery dipped further to US$88.3, while Brent North Sea crude for delivery i...

26-Jul-12

Idemitsu to restart No. 2 CDU at Chiba refinery in two weeks

Idemitsu Kosan Co. plans to resume the No. 2 crude distillation unit at its Chiba refinery near Tokyo in about two weeks. The 220,000 bpd CDU was shut on July 19 after a fire started near...

26-Jul-12

June petrochem naphtha imports in Japan fall 15% yoy

Japan's naphtha imports for the petrochemical sector fell 15% in June 2012 from June 2011, as per government figures reported in Reuters. Imports of naphtha for ethylene production totall...

26-Jul-12