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Bicmagazine | June 01, 2020
The running rates reduction comes amid a sharp decline in resin prices like polyethylene (PE). Experts believe the ongoing weakness may linger for an undetermined period, as reported by Petrochemical Update. Petrochemical plants in the Americas are running at reduced rates, or in some cases idled, to try to balance out the erosion of downstream resin consumption caused by the Covid-19 pandemic. Domestic prices for resins have declined and export markets for North American resin have contracted. ...
Chemical Technology
Albemarle | August 30, 2022
Albemarle Corporation a leader in the global specialty chemicals industry announced that as a result of its strategic review of the business, Albemarle has chosen to retain its Catalysts business under a separate, to-be-named entity and wholly owned subsidiary of Albemarle. This structure is intended to allow the Catalysts business to respond to unique customer needs and global market dynamics more effectively while also achieving its growth ambitions. In response to the accelerat...
Digital Commerce 360 | February 17, 2020
We experimented in the second half of 2019 with selected pilot customers in the U.S.,” says CheMondis managing director Sebastian Brenner. We are planning to look at a potential roll-out in the second half of 2020—the U.S. is a significant market for chemical products. Details on which U.S. chemical manufacturers, distributors and other buyers and sellers CheMondis is working with weren’t released, but globally CheMondis is making progress building up marketplace buyers and sel...
Chemical Management
Pipestone Energy Corp. | November 24, 2022
Pipestone Energy Corp. is pleased to announce the Toronto Stock Exchange has accepted the notice filed by the Company to renew its normal course issuer bid. Pipestone’s inaugural NCIB was launched in November 2021 and has been fully executed with the purchase and cancellation of 9,598,347 common shares of the Company for an average price of $4.44 per share. The NCIB allows Pipestone to purchase up to 13,936,907 Common Shares, representing 5% of its 278,738,148 outstanding Co...
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