Asia adipic acid may extend gains as producers face margin squeeze

ICIS News | January 18, 2019

SINGAPORE (ICIS)--Asia’s adipic acid (ADA) market may extend gains as exporters from China – a major regional supplier – have raised prices to recoup margins amid low stocks. In the week ended 16 January, prices for cargoes originating in China were assessed $20-30/tonne higher at $1,050-1,100/tonne CFR (cost & freight) NE (northeast) Asia; while prices for other cargoes stood at $1,320-1,400/tonne CFR NE Asia, according to ICIS data. Spot prices for China-origin cargoes rose for the first time after shedding 25% since mid-September, while prices for cargoes of other origins declined 15% over the same period, the data showed.

Spotlight

The global economy wants energy that is clean, green, and affordable. For decades, the oil and gas industry (O&G) has reliably provided energy, especially as transportation fuels. However, this industry is pressured to be greener and safer, emit fewer pollutants, and become more socially responsible. Many top O&G companies are undertaking new strategies to make their oil “greener”; in addition, investors and financial institutions now use sustainability indexes as a key factor to determine future investment options. This paper reviews the concepts that the O&G industry can use to increase their sustainability performance with existing strategies and operations to be more profitable in the near and long-term.

Spotlight

The global economy wants energy that is clean, green, and affordable. For decades, the oil and gas industry (O&G) has reliably provided energy, especially as transportation fuels. However, this industry is pressured to be greener and safer, emit fewer pollutants, and become more socially responsible. Many top O&G companies are undertaking new strategies to make their oil “greener”; in addition, investors and financial institutions now use sustainability indexes as a key factor to determine future investment options. This paper reviews the concepts that the O&G industry can use to increase their sustainability performance with existing strategies and operations to be more profitable in the near and long-term.

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CHEMICAL MANAGEMENT

LANXESS Selects Emerson for Advanced Automation Technology

LANXESS and Emerson | October 14, 2022

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CHEMICAL TECHNOLOGY

Sumitomo Chemical forms new business services entity to support the Valent group of companies

Sumitomo Chemical and Valent BioSciences | October 04, 2022

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CHEMICAL MANAGEMENT

Chromatic Announces Breakthrough Smooth-Mode Technology for Ultra-Smooth 3D-Printed Rubber Parts

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