PowerSeries shows top-class performance at the WITTMANN BATTENFELD Competence Days 2010
Visitors from more than 30 countries accepted the WITTMANN Group?s invitation to attend the Competence Days 2010, which took place on 28 and 29 April in Kottingbrunn (Austria). ?Simply the Best? was the motto, under which experts of the WITTMANN grou……
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An upturn in economic sentiments props oil prices above US$75
Propped by improving economic figures and China’s display of support for Europe’s recovery, oil prices have risen past US$75 a barrel on Friday. This has taken the week’s rally, to over six dollars, making it the strongest in over nine months. China ……
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Will propylene costs stabilize in Asia?
After stability in the first two weeks of May, spot propylene costs in Asia have been nose-diving since H2-May. As per Chemorbis, ongoing concerns regarding the global economy and persistently weakening crude oil prices hit PP demand in the region, ……
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BCPL faces delay in implementation of Assam gas cracker project
Brahmaputra Cracker and Polymer Ltd faces delay in implementing the Assam gas cracker project at its site at Lepetkata. The CM was been unhappy in the delay in construction as only 16% work had been completed within the first 38 months of the project……
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Lubrizol to spend US$40 mln to expand a specialty polymer plant in Calvert City
Lubrizol Corp. plans to spend US$40 mln to expand a specialty polymer plant in Calvert City, as per Plasticsnews. The investment will increase capacity for Lubrizol?s Carbopol-brand polymers, which are rheology modifiers used as thickeners in shampoo……
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Borouge to build compounded polypropylene plant in China
Abu Dhabi-based polymer manufacturer Borouge has inked an agreement to build a second production plant in China?s Guangzhou to produce 105,000 tpa of compounded polypropylene. Construction work on the plant is expected be completed by the middle of 2……
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Samsung Total Petrochemicals completes LPG tank with a storage capacity of 40,000 tonss
South Korea’s Samsung Total Petrochemicals has completed a Won 50 billion (US$41.8 million) LPG tank with a storage capacity of 40,000 tons. Samsung Total will use the tank to import 1 million tpa of LPG from October. 600,000 tons of this will be as……
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Naphtha prices at a three-session high, cracks fall to a 7-week low
Asia’s naphtha price has reached a three-session high on Thursday, but cracks fell to a 7-week low on heavy supplies and weaker petrochemical import demand in China. Apart from the high Western imports, market is faced with concerns over Chinese buye……
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Showa Denko completes ethylene plant upgradation at Oita Complex
Showa Denko K.K. (SDK)?s Oita ethylene plant upgradation, in progress since May 2, has been completed. SDK has completed the work of improving energy efficiency of its ethylene plant with the installation of large state-of-the-art cracking furnaces. ……
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Polyolefin import and production figures for January-April in China
Polyolefin import and production numbers for January to April from China have been reported in ICIS. The good news is that Chinese demand, measured in terms of imports and local production, has continued to grow. For the period of January-April 2010,……
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