Brenntag Pacific

Hydrocarbon Engineering | March 06, 2020

China is a large market with growing demand for high quality polyolefin products, said Bob Patel, CEO of LyondellBasell. “The combination of LyondellBasell's leading technology and Bora's operational excellence will allow us to reliably produce and provide these needed products to local customers.” Under the agreements, the partners will form a Sino-foreign joint venture, the Bora LyondellBasell Petrochemical Co. Ltd, that will operate a 1.1 million tpy ethylene cracker and a...

CGTN | January 17, 2020

In a landmark move in the future China-U.S. relations, the phase one economic and trade deal was signed on January 15 in Washington. Chinese Vice Premier Liu He and U.S. President Donald Trump officially sealed the deal in the East Room of the White House. This comes as a good news for the muted chemical industry across the U.S. and China, which found itself caught in the crossfire between the world's two largest economies. Even though the spotlight has been seldom onto the trade war impact ...

CHEMICAL MANAGEMENT

ICE and Hedge | December 10, 2021

Intercontinental Exchange, Inc. a leading global provider of data, technology, and market infrastructure, announced that it plans to launch its first ethylene futures contracts on December 13. Designed for participants who need to manage their exposure to ethylene price risk from the U.S. Gulf Coast to Asia, the two cash settled futures contracts are based on ethylene price assessments by ICIS. The ICIS CFR NE Asia ethylene assessment and the ICIS CFR SE Asia ethylene ...

CHEMICAL MANAGEMENT

Invert Inc. | April 13, 2022

Recently, Invert Inc., CarbonCure Technologies, and Ripple Inc. have signed a revolutionary carbon credit purchase agreement for permanent CO2 storage through carbon mineralization. They have stepped forward following the announcement by the United Nations' Intergovernmental Panel on Climate Change of the critical need for carbon removal technologies to mitigate the worst effects of climate change. The credit purchase will permit CarbonCure to invest more in innovative technol...