News aggregator
Mixed financial results from petrochemical companies in South Korea
South Korean companies have revealed their financial results for Q2-2010 over the week. Some petrochemical companies saw considerably better figures for the April-June period, as per Chemorbis. A statement from the Central Bank that South Korea?s eco......
Oil sink to US$72 on economic concerns
Asia?s regional markets have had a fall amid recent concerns about the pace of the global economic recovery. These concerns have tanked oil prices to US$72 a barrel that have fallen more than US$9 since the beginning of August. Crude for October deli......
Petro Rabigh to achieve on-spec production at fluid catalytic cracker
Saudi Arabia's Petro Rabigh expects to achieve on-spec production at its fluid catalytic cracker at Rabigh by mid week, as per Platts. Though in the process of restarting, the 900,000 tpa propylene capacity FCC, has yet to attain on-spec production. ......
LyondellBasell continues with FM on PP supplies from Carrington
LyondellBasell continues with force majeure on supplies of polypropylene (PP) from its 210,000 tpa plant at Carrington, UK, as per ICIS. No information is available on the status of the plant. Shut since the weekend of 7-8 August, the plant was not r......