Market News Canadian oil exports to U.S. drop, traders say March 27, 2009 by plasticsinfomart Canadian crude oil exports to the United States have declined due to lower world oil prices, a severe winter and synthetic crude processor maintenance, industry sources said on Wednesday. One trader said crude oil exports could drop as much as 300,000 barrels per day by the end of spring, or about 15 percent of total […] Read more »
Market News After scrapping refinery at home, Kuwait awaits China nod March 27, 2009 by plasticsinfomart Kuwait faces a possible second setback on a major oil refining project before the end of this month with a Chinese joint venture worth up to $9 billion facing high environmental hurdles and a wary central government. A key environmental impact assessment (EIA) report on the refinery that Kuwait Petroleum Corporation and Sinopec Corp want […] Read more »
Market News Oil rebounds above $53 after fall on U.S. oil stocks March 26, 2009 by plasticsinfomart Oil rebounded back above $53 a barrel on Thursday, after falling more than a dollar in the previous session on bearish U.S. oil inventory numbers, as investors focused on hopes of an early return to economic growth Asian stocks rose to their highest in 11 weeks on Thursday, bolstered by strong U.S. new home sales […] Read more »
Category Menu Product News KIEFEL Extrusion to introduce e.co.s. at Chinaplas 2009 March 26, 2009 by plasticsinfomart Among other aims, KIEFEL Extrusion GmbH, a market leader in the production of blown film extrusion systems and winders, is using Chinaplas 2009 (May 18 to 21) in Guangzhou for the market introduction of KIEFEL e.co.s. The company thereby widens its product range and optimizes the available product diversity to meet customer demands. With KIEFEL […] Read more »
End Markets Processes Baiyin City develops proprietary technology of PC March 26, 2009 by plasticsinfomart Baiyin, a city in Jiangsu Province of China, has announced the successful development of proprietary technology to mass-produce polycarbonate (PC). The project is supported by the municipal government, the Changchun Institute of Applied Chemistry under the Chinese Academy of Sciences and the China North Industries Group Corporation, with investment amounted to RMB21 million. It takes […] Read more »
End Markets Processes New technology to replace HFC blowing agents March 26, 2009 by plasticsinfomart A new generation of blowing agents for polyurethane and polyisocyanurate insulating foams is being developed by Arkema to replace hydrofluorocarbons. The new materials are described as fourth generation blowing agents, and are hydrofluorolefins – HFOs. Arkema will be unveiling its new blowing agents in a conference paper at the Utech polyurethanes conference and exhibition in […] Read more »
Market News U.S. Markets 26-Mar-2009 March 26, 2009 / March 14, 2017 by plasticsinfomart The propylene markets moved into the spotlight Thursday as refinery grade traded in familiar territory and the seldom-traded polymer grade transacted several times. Ethylene was quiet while NGLs and energies were mixed. Resin trade remained slow but prices for some grades were ticking up. Spot PGP transacted twice today, at 26.1 cpp for March and […] Read more »
Environment Recycling News Prosperity Recycling provides recycled products made out of plastic, wood and cardboard March 26, 2009 by plasticsinfomart Located in Accrington, Pennine Lancashire, Prosperity Recycling was the brainchild of a group that managing director Graham Chadwick belonged to and Graham has seen it develop into an environmental, social, not-for-private-profit business providing recycled products made out of plastic, wood and cardboard. As a result he is already responsible for reducing landfill in his local […] Read more »