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Indorama strengthens surfactants business with two brand acquisitions
HOUSTON (ICIS)--The Indovinya surfactants business of Thai petrochemicals company Indorama Ventures has agreed to acquire two brands from Cargill Bioindustrial UK, officials said on Thursday. The ... read more
Zeon Posts First Half Results, Elastomer Materials Business Increases Sales and Profit
Zeon reported a 15.0% year-on-year increase in net sales to 213.35 billion yen ($1.38 billion), a 77.6% rise in operating income to 16.80 billion yen, a 42.6% increase in ordinary ... read more
Hapag-Lloyd orders news ships with liquefied gas dual-fuel propulsion that are ammonia ready
HOUSTON (ICIS)--Shipping company Hapag-Lloyd announced it has ordered 24 new container ships which will feature liquefied gas dual-fuel propulsion and be ammonia-ready. The deliveries of these ships, ... read more
CRUDE SUMMARY: Second Trump administration results in volatile crude prices
US dollar strength makes dollar-denominated commodities more expensive Expectations of tariffs implemented by Trump may hinder US economic growth US EIA data showing gasoline demand down 1.5% year on ... read more
Resumen: Biosynth nombra consejero delegado a Matt Gunnison y presidente a Kieran Murphy
STAAD, Suiza--(BUSINESS WIRE)--Biosynth, proveedor internacional de materias primas y servicios esenciales para la industria de las ciencias de la vida, ha anunciado hoy que su consejo de administración ha nombrado ... read more
Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards ... read more
DXP Enterprises Completes Two Acquisitions
HOUSTON--(BUSINESS WIRE)-- #DXPE--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Burt Gurney & Associates (“BGA”) and MaxVac Inc. (“MaxVac”). DXP funded the acquisitions with ... read more
Automation & Sustainability Take the Stage in Montreal
On November 13 and 14, the Advanced Design & Manufacturing Expo in Montreal will explore automation in medtech and look at sustainability in the plastics industry. ... read more
EU energy commissioner pick to support existing wholesale market structure
Incoming EU energy commissioner signals support for existing wholesale energy market structure However, he intends to clamp down on 'speculation' in the market, tightening REMIT enforcement If ... read more
Latest issue of ICIS Chemical Business now live
NEW YORK (ICIS)--The latest issue of ICIS Chemical Business is now live. Under "Latest Issue" click "Download" to access the PDF magazine. A US Trump or Harris administration would have ... read more
FMCG Packaging Research Report 2024: Unique Designs, Brand Visibility, Sustainable Materials Driving Expansion – Global Market Forecasts 2025-2030 – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global FMCG Packaging Market: Market Size, Trends, Opportunities and Forecast By Material Type, Application, Technology, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering. Global FMCG ... read more
Automotive Functional Glass Coatings Research Report 2024: Market Sees Surge with Demand for Premium and Eco-Friendly Vehicles – Global Forecasts 2025-2030 – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Automotive Functional Glass Coatings Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By Coating Type, Application Area, Channel, Region, By Country: 2020-2030" report has been added ... read more
Big Ass Fans and Lexmark Revolutionize Worker Comfort With First-Ever IoT Industrial Comfort System
LEXINGTON, Ky.--(BUSINESS WIRE)--Big Ass Fans and Lexmark have partnered to deliver the next generation of full-facility comfort for frontline industrial and manufacturing workers with the introduction of Big Ass Fans’ ... read more
Americas/EMEA base oils demand outlook: Week of 14 Oct
SINGAPORE (ICIS)--US base oils demand set to ebb as buyers focus on cutting inventories over coming weeks. Lower base oils margins and prospect of smaller-than-expected surplus at start of Q4 ... read more
EPCA ’24: Europe melamine supply remains curtailed, China ADD decision expected in Q4
BERLIN (ICIS)--Europe's melamine landscape remains dynamic as local supply curtailments continue and production costs are still challenging for suppliers. Demand is still lower than normal. but a ... read more
EPCA '24: Europe refinery solvents driven by feedstocks as demand takes back seat in Q4
LONDON (ICIS)--The refinery solvents spot markets in Europe will be driven by feedstocks in Q4, with supply and demand only playing a limited role. Feedstock losses could support solvents demand ... read more
Trinseo to shut down Stade, Germany polycarbonate production by end-2025
NEW YORK (ICIS)--Trinseo plans to shut down virgin polycarbonate (PC) production at its Stade, Germany, site by the end of 2025. The plan comes following discussions with relevant works councils. ... read more
MARGINS: Europe naphtha-based cracker margins up, LPG-based margins fall
LONDON (ICIS)--Naphtha-based cracker margins in Europe rose week on week while producers using liquefied petroleum gas (LPG) posted a decline, ICIS Margin Analysis showed on Monday. In the week to ... read more
Cintas Rental Location in Hattiesburg Certified as VPP Star Site
HATTIESBURG, Miss.--(BUSINESS WIRE)--OSHA's VPP Star Program recognizes Cintas location as a top worksite for safety and health management and practices. ... read more
Europe propane naphtha spread trading at its highest level since February 2023
LONDON (ICIS)--Liquefied petroleum gas (LPG) spreads to naphtha have narrowed further with the propane-naphtha spread now trading at its highest level in over 18 months. The front-month propane ... read more
EVENING SNAPSHOT – Europe Markets Summary
CRUDE: Front month Brent flat while later months rally as Middle East tensions rise. NAPHTHA: Firms on steady crude, crack spread. BENZENE: Edges up with crude in otherwise muted market. ... read more
Global base oils margins outlook: Week of 30 Sept
SINGAPORE (ICIS)--Global base oils margins outlook: Week of 30 Sept Global base oils values mostly stay high relative to feedstock/competing fuel prices even with recent drop in price differentials. ... read more
Morocco DAP, MAP exports rise in January-July 2024 year on year
LONDON (ICIS)--Moroccan exports of diammonium phosphate (DAP) increased by 20% in January-July 2024 year on year, according to customs data. Morocco exported a total of 1,893,013 tonnes of DAP in ... read more
GIF briefs
Croatia Production - Aspect Croatia Kft reported to the country’s Hydrocarbon Agency that it has discovered a gas deposit in the Sisak-Moslavina County, the Croatian ministry of economy and ... read more
California Sues ExxonMobil for Plastics Recycling Deceptions
Lawsuit filed by state attorney general seeks billions of dollars in damages. ... read more
EVENING SNAPSHOT – Europe Markets Summary
CRUDE: Lower as forecasts show European September manufacturing activity falling, weighing on sentiment. NAPHTHA: Drops following upstream weakness. BENZENE: Range stable, bids lower and offers ... read more
Kenvue impulsiona a estratégia de ação climática
SKILLMAN (EUA)--(BUSINESS WIRE)--A Kenvue Inc. (NYSE: KVUE) (“Kenvue” ou a “Empresa”), fabricante de marcas icônicas como Aveeno®, Listerine®, Neutrogena® e Tylenol®, está avançando em direção aos objetivos de mudança climática ... read more
FBMC WEEKLY: Secure French supply to drive strong power exports
ICIS (LONDON)-- Well above average wind power generation across most flow-based market coupling (FBMC) countries through week 39 will likely place pressure on Day-ahead prices. The French Day-ahead ... read more
Spain’s CNMC issues €1m fine for gas market manipulation
Spanish regulator fines market participant for artificially raising MIBGAS closing prices The manipulation involved submitting offers at high prices and low volumes in sessions’ final seconds ... read more
NBP to continue delivering below September ’24 expiry
Rolling NBP Day-ahead contract has been trading at a discount to the September ’24 expiry Fundamentals suggest the discount could continue to widen However, geopolitical uncertainty may support ... read more
Europe toluene bulk chemical consumption mainly focused on contracts
LONDON (ICIS)--Consumption of toluene in the European market is mainly progressing on a contractual basis for large quantities, particularly for downstream chemicals. Demand from downstream ... read more
Ukraine's D.Trading expects winter LNG deliveries
D. Trading CEO says Ukraine gas system to remain balanced over winter months, despite traders’ deficit fears Company expects to secure two cargoes before year end if consumption rises Further ... read more
Global base oils cargo flows: Week of 23 September
SINGAPORE (ICIS)--Global base oils cargo flows: Week of 23 September Larger-than-usual cargo loads combination of light and heavy-grade Group II base oils from Taiwan at start of this week. Size ... read more
CA Gov Signs Plastic Bag Ban Into Law
The new law eliminates a loophole in previous legislation that allowed grocery stores to provide thick plastic bags because they were deemed reusable. ... read more
INSIGHT: Little recovery in sight for key chemicals end markets this year
LONDON (ICIS)--It has been a rough year so far for many crucial chemicals end markets and the producers that supply them, and little relief is expected for the construction, automotive ... read more
Plans for 1GW Cyprus-Crete cable move ahead
Greece and Cyprus signed a framework of understanding for the Cyprus-Crete electricity interconnection The cable should end Cyprus’s energy isolation by connecting its electricity network to the EU ... read more
Europe butac spot prices decline for second week
LONDON (ICIS)--Butyl acetate (butac) spot prices in Europe softened for the second consecutive week, with activity subdued owing to wider economic weakness. Butac prices declined to ... read more
ATOME receives NBOs for Paraguay green fertilizer project
LONDON (ICIS)--The UK's ATOME Energy has received written detailed non-binding offers (NBOs) regarding its Paraguay green fertilizer project. Final costings for the construction of the Villeta ... read more
Europe PVC contract talks for September center on increases as availability tightens
LONDON (ICIS)--Polyvinyl chloride (PVC) contract negotiations for September have centered on significant increases in Europe, as import availability is tight and producers are separately aiming to ... read more
CREO Group, Inc. Acquires United Solutions, Marking a Significant Milestone in its Growth Strategy
KISSIMMEE, Fla.--(BUSINESS WIRE)--CREO Group, Inc. (“CREO Group”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading sustainable horticulture packaging solutions provider, proudly announces the acquisition of ... read more
Europe naphtha margins steady, gasoline rebounds on increased demand
LONDON (ICIS)--Europe naphtha refinery margins have stayed firm while the gasoline crack spread rose sharply this week, largely gaining on the back of improved buying interest from export markets and ... read more
Germany Chemical Licensing Market Forecast 2024-2029, Featuring Mitsubishi Gas, ExxonMobil, Eastman Chemical, Dow, Merck Millipore, Valtris Specialty Chemicals, RUDOLF, Huntsman and Nova Chemicals – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Germany Chemical Licensing Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. Germany's chemical licensing market is expected to grow at a CAGR ... read more
Plastics Industry Continues to Outperform Manufacturing as a Whole
Plastics Industry Association Chief Economist Perc Pineda is cautiously optimistic for 2025. ... read more
Europe feedstocks and petrochemicals weekly summary
LONDON (ICIS)--Here is a summary of major feedstocks and petrochemicals in Europe for the week ended 20 September. Crude: Higher on hopes US interest rate cut will boost economic activity, ... read more
Europe acetone spot prices edge down in unclear market
LONDON (ICIS)--Once again this week there was a mix of prices reported in the European acetone spot market. While some saw pricing levels as steady, others noted softer prices at ... read more
WEEKLY POWER OUTLOOK: Italy to attract strong power imports through week 39
LONDON (ICIS)--Italy is set to attract a large volume of power imports as spot prices are likely to be the most expensive. The Italian Week 39 ’24 was last assessed ... read more
Methane reduction still a bumpy road – Piebalgs
Regulations – including limiting methane emissions on gas imports to the EU – and support from more reliable monitoring technology are needed to avoid emergency measures in the next decade, ... read more
WEEKLY GAS OUTLOOK: Bearish drivers to pressure gas in week 39
LONDON (ICIS)--European gas contracts are likely to follow a bearish trajectory in week 39 as fundamentals indicate improved supply and limited demand. A period of heavy Norwegian maintenance will ... read more
New Beginnings for End-of-life Auto Plastics at LyondellBasell Recycling Center
The resin supplier tackles end-of-life challenges in durable goods by investing in a new recycling center in Germany. ... read more
Ag-West Bio Invests in Saskatchewan Startup Focused on Diverting Waste From Landfills to Create Valuable Bioproducts
SASKATOON, Saskatchewan--(BUSINESS WIRE)-- #agriculture--Ag-West Bio invests $300K into NULIFE GreenTech, a Saskatchewan startup that transforms waste into sustainable biocrude oil. ... read more

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KAVI IS iCOMMEX Platform v 02.25 Wednesday, November 20, 2024

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