September PVC prices expected to rise in SE Asia?s domestic markets
In Southeast Asia, import PVC business for September is being settled with increases from August done deal level in accordance with developments in the Chinese and Indian markets, as per Chemorbis. Demand from both China and India has been strong ove……
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Praxair to build energy-efficient carbon dioxide plant in Map Ta Phut
Praxair (Thailand) Co., Ltd., a subsidiary of Praxair, Inc., will build a new, energy-efficient 300 tons of liquid carbon dioxide per day capacity carbon dioxide plant in Map Ta Phut. The plant is scheduled to come on stream in Q4-2011. Praxair (Thai……
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Chinese consortium to invest US$1 bln in petrochemical projects in Iran
Chinese consortium is in a deal with National Iranian Petrochemical Company (NIPC) to invest US$1 bln in petrochemical projects in Iran, as per Mehr news agency. It is the first time Chinese companies participate in the construction or development of……
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Ethylene recovers in Asia: naphtha cracking margins turn positive
Naphtha cracking margins in Asia entered positive territory for the first time since May 31, driven by a sharp rebound in spot ethylene prices, as per Platts.
Late Thursday, Northeast Asian naphtha cracking margins were pegged at +$0.5/mt, compared……
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US Steam cracker operator margins spike on stronger ethylene
Steam cracker operators in the US saw strong gains in margins from light feeds as ethylene prices surged early this week, as per Platts. Spot ethylene gained over a penny/lb on Monday and over 2.5 cents/lb on Tuesday on the back of stronger ethane an……
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Improved revenues, restructuring gains bring in Q2 profits for Tessenderlo
Belgian petrochemicals producer Tessenderlo has posted net profit of ?27.5 mln for Q2-2010, reversing a net loss of ?101.5 mln in Q2-09 on improved revenues and restructuring gains, as per Platts. Revenue rose to ?646.5 mln from ?531.2 mln a year ago……
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Oil prices dip, but buoy above US$75 in Asia
Crude oil gained in morning trade, expanding gains following reassurances by Federal Reserve chairman on the US economy. However, recent economic data from the United States points to a weak economic recovery. Investors insight that the US economic r……
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Human activity may have boosted shellfish size, archaeological study shows
In a counter-intuitive finding, new research shows that a species of shellfish widely consumed in the Pacific over the past 3,000 years has actually increased in size, despite — and possibly because of — increased human activity in the area.
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Major study finds no evidence that statins cause cancer
In the largest and most reliable study of its type, researchers in the UK and Australia have demonstrated that statin therapy is not a cause of increased cancer rates and deaths.
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Reading Arabic isn’t easy, brain study suggests
The brain’s right hemisphere is not involved in the initial processes of reading in Arabic, due to the graphic complexity of Arabic script. Therefore reading acquisition in Arabic is much harder in comparison to English, according to a recent series of studies.
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