Monthly Archives: December 2012

Brent holds above $110 as US fiscal cliff deadline draws near

Brent holds above $110 as US fiscal cliff deadline draws near

SINGAPORE (Reuters) – Brent crude was steady above $110 per barrel on Monday as investors worried the United States may not reach a deal by January 1 to prevent a fiscal crisis that could erode fuel demand at the world’s largest oil consumer. Democrats and Republicans remained at loggerheads on Sunday over a deal thatRead More

Asia Fuel Oil-January crack weakens on bearish outlook

Asia Fuel Oil-January crack weakens on bearish outlook

SINGAPORE, Dec 31 (Reuters) – Asian fuel oil cracks were weaker across the 12-month forward curve on Monday, with the front-month January crack at its widest in four weeks, as demand-supply fundamentals remained weak going into the new year. The January crack widened by 55 cents to a discount of $11.26 a barrel to Dubai crude, widest since Dec. 3,Read More

Rice University scientists turn soy mash into high value succinic acid

Rice University scientists turn soy mash into high value succinic acid

Scientists in Rice University, Houston, the US, have discovered a way to turn low-value soy mash into high value succinic acid used in plastics, textiles, drugs, solvents and food additives, according to its press release. The new succinate process developed by Professor George Bennett, Professor San Kayiu and Chandresh Thakker is making better use ofRead More

SIPA launches Start Blow PET bottle blowing equipment for emerging markets

SIPA, a supplier of production and filling of PET bottles and containers in Italy, has launched a new line of stretch-blow molding machines, Start Blow, an entry level series for companies that want to enter the PET bottle market. The new equipment is available in two versions, with two and four cavities respectively, capable ofRead More

Automated test equipment market growing at a CAGR of 2.88%

Automated test equipment market growing at a CAGR of 2.88%

According to a new market report published by Transparency Market Research “Automated Test Equipment (ATE) Market – Global Industry Analysis, Size, Share and Forecast, 2012 – 2018”, the Automated Test Equipment (ATE) market was valued at US$3.54 billion in 2011 and is expected to reach US$4.36 billion in 2018, growing at a CAGR of 2.88%Read More

The first US stadium to utilize SABIC's LEXAN THERMOCLICK sheet

The first US stadium to utilize SABIC's LEXAN THERMOCLICK sheet

The new BBVA Compass Stadium in Houston is the first US stadium to utilize polycarbonate (PC) LEXAN THERMOCLICK sheet product for its enclosed entrance façade, according to SABIC’s Innovative Plastics. For the 22,000-seat BBVA Compass stadium, which opened on May 12, 2012, the architectural firm Populus designed an exterior surface composed of geometrically expanded metalRead More

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