2025 on Tumblr: Trends That Defined the Year
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@polymerupdate-blog
Polymerupdate launches New Price Assessments for Sri Lanka, Bangladesh & Pakistan.
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Polymerupdate, India’s first and the world’s fastest growing market intelligence platform with over 10,000 clients across over 60 countries, is delighted to introduce daily price assessments for Sri Lanka, Bangladesh and Pakistan.
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Benzene prices in Asia inch lower
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Benzene prices in Asia on Wednesday edged lower.
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Unique Sports And Leisure Complex In Yugra Is Built With Lukoil's Support
A festive ceremony dedicated to the opening of a unique sports and leisure facility, the Galaktika (Galaxy), constructed with PJSC LUKOIL’s support, was held in Kogalym. The ceremony was attended by LUKOIL’s First Vice President Vladimir Nekrasov, Deputy Prime Minister of the Russian Federation Olga Golodets and the Governor of the Khanty Mansi Autonomous District-Yugra Natalya Komarova. The construction was sponsored by the Regional Social Programs Fund “Our Future” established by LUKOIL’s President Vagit Alekperov.
Lukoil Group's West Siberian Oilmen Received State Ministereal Regional And Corporate Awards
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Employees of LLC LUKOIL West Siberia (a wholly owned subsidiary of PJSC LUKOIL) received state, ministereal, regional and corporate awards in Kogalym (Khanty Mansi Autonomous Area Yugra) marking the 25th anniversary of PJSC LUKOIL.
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Covestro creates first ever large PU rotor blade in China
n collaboration with HUBERS and glass fabric manufacturer Chongqing Polycomp International Corp. (CPIC), Covestro has created the first ever large polyurethane (PU) rotor blade in China. Manufactured at the Shanghai FRP Research Institute, the blade is 37.5m long and dimensioned for an output of 1.5 megawatts. It is made with a special infusion resin in conjunction with reinforcing glass fibers.
NLC vows to resist any future hike in fuel price
Wabba said despite the change mantra of the present administration and the promise to the people, the socio-economic conditions of average Nigerians have continued to degenerate, stressing that it is necessary to convene a committee to review the national wage for workers. More »Published from the crude oil brokers blog for professional crude oil brokers and facilitators. http://dlvr.it/M9X67n Crude Oil Brokers
Cost Control Measures Achieve Remarkable Results Steady Progress in All Businesses in 1H 2016
CNOOC Limited announced its interim results for the six months ended June 30, 2016. In the first half of the year, all businesses of the Company including exploration and development have made steady progress. Regarding exploration, the Company made six new discoveries and drilled 26 successful appraisal wells. Among which, the Company made six new discoveries and drilled 20 successful appraisal wells in offshore China while it drilled six successful appraisal wells overseas. The four projects scheduled to come on stream for the year have been running smoothly. Of which, Kenli 10-4 oilfield and Panyu 11-5 oilfield have commenced production and the other two new projects are progressing smoothly. Benefiting from the effective implementation of cost control and efficiency enhancement, the Company made remarkable achievements in cost saving in the first half of the year, with key cost indicators lowered significantly. The Company’s all in cost was US$34.86 per barrel of oil equivalent (BOE), a decrease of 15.5% year on year (yoy). Of which, operating cost decreased by 22.7% yoy to US$7.42 per BOE and recorded a decrease yoy for both offshore China and overseas operations. During the period, the Company’s total net oil and gas production reached 241.5 million BOE, representing an increase of 0.6% yoy. Net production from offshore China was 160.1 million BOE, with an increase of 2.4% yoy, mainly attributable to the newly commenced projects in Bohai and Western South China Sea. Net production from overseas decreased by 2.9% to 81.5 million BOE, resulting from the shutdown of the Long Lake project by the impact of the incident, read more here
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Sadara Chemical Company Announces Start Up of Mixed Feed Cracker
Sadara Chemical Company (Sadara) announces that it has started up its mixed feed cracker (MFC) on August 28, 2016. The MFC is the only one of its kind in Saudi Arabia and will allow Sadara to produce a diversified range of plastics and chemical products.
ChemChina and Syngenta receive clearance from CFIUS for proposed acquisition
Bolivia : Total Starts Up Production At Incahuasi Gas Field
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Total has put on stream the Incahuasi gas and condensate field, the Group’s first operated development in Bolivia, with a production capacity of 50,000 barrels of oil equivalent per day (boe/d).
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LANXESS increases earnings forecast for 2016
- Group expects EBITDA pre exceptionals for 2016 between EUR 930 million and EUR 970 million. - “New” LANXESS segments with good business prospects for second half of 2016. - EBITDA pre exceptionals up 8.5 percent to EUR 293 million in very good Q2 2016. - Higher volumes, increased capacity utilization and leaner cost structures substantially improve operating margin to 15.1 percent. - Net financial liabilities significantly reduced to EUR 198 million in Q2 2016. Specialty chemicals company LANXESS raises its earnings forecast for 2016. The company now expects EBITDA pre exceptionals within a range of EUR 930 million and EUR 970 million mainly due to good business prospects in the “new” LANXESS segments for the second half of the year. Previously, LANXESS had assumed earnings of between EUR 900 million and EUR 950 million.
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Dow Launches Pack Studios in Singapore
The Dow Chemical Company’s Packaging and Specialty Plastics (P&SP) business announced today the opening of Pack Studios Singapore, the second Pack Studios center for the Asia Pacific region after Shanghai, China, and the sixth location globally. Aimed at accelerating packaging application projects through a global network of laboratories, technical experts and testing equipment, Dow’s Pack Studios enables a collaborative innovation process that helps customers deliver faster and more efficient commercialization of new and improved packaging.
Located in Dow’s Singapore Development Center, Pack Studios Singapore reinforces Dow’s commitment to the region, and is strategically positioned to be a game changer for the packaging value chain in Southeast Asia. It will address ongoing packaging trends, and more importantly meet local customer requirements, providing an advantageous opportunity to bring new packaging applications to market faster, read more here
Polymerupdate Mobile App for Instant News and Price Alerts from Polymer Industries
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Polymerupdate mobile app let you stay updated on plastics and crude oil news & price summary. This app is available for download on all three platforms –…
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Pembina Pipeline Corporation Declares August 2016 Common Share Dividend
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Pembina Pipeline Corporation announced that its Board of Directors declared a common share cash dividend for August 2016 of $0.16 per share to be paid, subject to applicable law, on September 15, 2016
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SM Prices in Asia Journey South
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SM prices in Asia slipped on Tuesday. The price fall was attributed to weaker upstream crude values coupled with a drop in benzene feedstock rates.
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