Ethylene

Cotchett, Pitre & McCarthy Files Lawsuit on Behalf of Residents of Maywood, CA, for Exposure to Cancer Causing Ethylene Oxide

Retrieved on: 
Monday, March 18, 2024

Cotchett, Pitre & McCarthy LLP filed a lawsuit on behalf of many longtime residents of Maywood, CA, next to Vernon, an industrial area, for their decades long exposure to cancer caused by carcinogenic Ethylene Oxide being released into the air.

Key Points: 
  • Cotchett, Pitre & McCarthy LLP filed a lawsuit on behalf of many longtime residents of Maywood, CA, next to Vernon, an industrial area, for their decades long exposure to cancer caused by carcinogenic Ethylene Oxide being released into the air.
  • Ethylene Oxide is used to sterilize medical equipment and spices but, during the process, some of the Ethylene Oxide escapes the facility into the surrounding air.
  • Ethylene Oxide is odorless and colorless, so nearby Maywood residents never knew it was in the air surrounding their homes.
  • According to the National Cancer Institute, and other protective health agencies around the world, Ethylene Oxide is associated with breast cancer, stomach cancer, lymphoma, and leukemia.

Navigator Holdings Ltd. Third Quarter 2023 Results (Unaudited)

Retrieved on: 
Monday, November 13, 2023

On November 13, 2023, the Board declared a cash dividend of $0.05 per share of the common stock of Navigator Holdings Ltd. (the "Company", “Navigator”, "we", "our" and "us") (NYSE: NVGS), for the quarter ended September 30, 2023 (the “Dividend”).

Key Points: 
  • On November 13, 2023, the Board declared a cash dividend of $0.05 per share of the common stock of Navigator Holdings Ltd. (the "Company", “Navigator”, "we", "our" and "us") (NYSE: NVGS), for the quarter ended September 30, 2023 (the “Dividend”).
  • Net Income attributable to stockholders' of Navigator Holdings Ltd. was $19.1 million for the three months ended September 30, 2023, compared to $2.4 million for the three months ended September 30, 2022.
  • Utilization across the fleet increased from 89.0% in the second quarter of 2023 to 93.4% in the third quarter of 2023.
  • The fourth quarter of 2023 and the first quarter of 2024 are typically busier seasons for our fleet.

Applied UV to Introduce Airocide® Pro+ Air Food Preservation Solution Designed to Control Ethylene Levels and Extend Shelf Life at the Global Produce & Floral Show, Together With Canon Virginia, a Subsidiary of Canon U.S.A.

Retrieved on: 
Friday, October 6, 2023

NEW YORK, NY, Oct. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and intelligent building solutions, today announced its new product, the Airocide® Pro+ air purification system for food preservation, will be on display at the Global Produce & Floral Show, October 19 - 21, 2023, booth #3421 at the Anaheim Convention Center in California.

Key Points: 
  • On a global scale, the main contributor to food waste is fruits and vegetables with an estimated 45-50% of all harvested fresh products being lost or wasted within the food supply chain.
  • This is roughly 1.3 billion tons of food, which equates to $680 billion of wasted fruits and vegetables each year.
  • While refrigeration and humidity control will slow ripening and decay, they will not halt ethylene production.
  • This makes ethylene control absolutely necessary in the cold chain.

Navigator Holdings Ltd. Preliminary Second Quarter 2023 Results (Unaudited)

Retrieved on: 
Wednesday, August 16, 2023

On August 15, 2023, the Board declared a cash dividend of $0.05 per share of the common stock of Navigator Holdings Ltd. (the “Company”, “Navigator”, “we”, “our” and “us”) (NYSE: NVGS), for the quarter ended June 30, 2023 (the “Dividend”).

Key Points: 
  • On August 15, 2023, the Board declared a cash dividend of $0.05 per share of the common stock of Navigator Holdings Ltd. (the “Company”, “Navigator”, “we”, “our” and “us”) (NYSE: NVGS), for the quarter ended June 30, 2023 (the “Dividend”).
  • The Ethylene Export Terminal had a throughput during the second quarter of 2023 totaling 277,582 metric tons, compared to 268,444 metric tons during the second quarter of 2022.
  • The handysize segment has continued its robust performance from the first quarter through the second quarter of 2023.
  • Utilization across the fleet decreased from 96% in the first quarter of 2023 to 89% through the second quarter of 2023.

Aurora Celebrates Summer with New Innovation Launching Across Canada

Retrieved on: 
Tuesday, June 6, 2023

The success of our Canadian innovation is applicable in key markets internationally and is receiving very positive patient feedback."

Key Points: 
  • The success of our Canadian innovation is applicable in key markets internationally and is receiving very positive patient feedback."
  • Insights gleaned from the program will be used to develop future products and inform Aurora's innovation pipeline.
  • New products launching this summer include:
    Lil' Bits Sour Grape & Sour Watermelon (10 x 1mg edibles) – These low dose edibles deliver delicious flavour in a snackable size, perfect for new users or for micro-dosing.
  • The summer product release is set to roll out to patients on Aurora Medical and in adult-use retailers starting in June.

Global EPDM Market Report 2022: Growth in Automotive Sector to Offer Lucrative Opportunities - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 1, 2022

Moreover, the development of eco-friendly technologies for production of EPDM and growing demand for electric & hybrid vehicles are new opportunities in EPDM market.

Key Points: 
  • Moreover, the development of eco-friendly technologies for production of EPDM and growing demand for electric & hybrid vehicles are new opportunities in EPDM market.
  • The changing regulatory scenario and government policies to support EVs boost the growth of the EPDM market.
  • Asia Pacific dominates the EPDM market as most of the producers of EPDM are based in the Asia Pacific.
  • New construction projects, and steady growth in automotive, are driving the EPDM market in the region.

Global Ethylene Demand is Forecasted to Reach 233.9 Million Tons in 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 28, 2022

The global ethylene demand is forecasted to reach 233.9 million tons in 2028, rising at a CAGR of 3.4%, for the duration spanning 2020-2028.

Key Points: 
  • The global ethylene demand is forecasted to reach 233.9 million tons in 2028, rising at a CAGR of 3.4%, for the duration spanning 2020-2028.
  • It is predicted that global ethylene consumption has grown by 4.3% annually from 2014 to 2020.
  • Moreover, according to forecasts, the growth rate of global ethylene consumption will increase by 3.4% from 2020 to 2028.
  • China, the second-largest consumer of ethylene, accounts for 18% of global ethylene consumption.

Worldwide Chlorosulfonated Ethylene Industry to 2027 - Focus on High Viscosity Grade, Medium Viscosity Grade and Low Chlorine Grade - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 24, 2022

The Automotive industry is the prime consumer of Chlorosulfonated Ethylene and is projected to drive the global Chlorosulfonated Ethylene market.

Key Points: 
  • The Automotive industry is the prime consumer of Chlorosulfonated Ethylene and is projected to drive the global Chlorosulfonated Ethylene market.
  • Further, the use of chlorosulfonated Ethylene in the manufacturing of high-temperature timing belts, power steering, hoses, and tubing for vehicles is bound to raise the global chlorosulfonated ethylene market.
  • Therefore, all these factors have contributed to increasing the need for an efficient elastomer, driving the Global Chlorosulfonated Ethylene Market.
  • Factors like these have made Asia-Pacific an essential region for growth in the Chlorosulfonated Ethylene market.

ICE Launches its First Asia Ethylene Futures Contracts to Hedge Key Component in Manufacturing of Plastics and Packaging

Retrieved on: 
Thursday, December 9, 2021

The ICIS CFR NE (northeast) Asia ethylene assessment and the ICIS CFR SE (southeast) Asia ethylene assessment are quoted on a cost and freight (CFR) basis per metric ton of ethylene for delivery.

Key Points: 
  • The ICIS CFR NE (northeast) Asia ethylene assessment and the ICIS CFR SE (southeast) Asia ethylene assessment are quoted on a cost and freight (CFR) basis per metric ton of ethylene for delivery.
  • There is tremendous demand from Asia for these contracts given the role ethylene plays in the plastics and packaging manufacturing industry.
  • It is one of the key ingredients to make plastic, PVC, polyethylene, and ethylene glycol used in polyester and antifreeze.
  • The new ethylene contracts will trade alongside ICEs existing Gulf Coast ethylene contract, the Ethylene, OPIS PCW Mont Belvieu future (ICE: ETH), and the contracts which hedge the feedstocks to make ethylene including the ICE Ethane, OPIS Mt.

ALTIVIA Oxide Chemicals Appoints George Kraus as Plant Manager

Retrieved on: 
Monday, November 8, 2021

HOUSTON, Nov. 8, 2021 /PRNewswire/ -- ALTIVIA Oxide Chemicals, LLC, an affiliate of ALTIVIA Petrochemicals, today announced that George Kraus joined ALTIVIA as plant manager of its recently acquired facility in Crosby, Texas.

Key Points: 
  • HOUSTON, Nov. 8, 2021 /PRNewswire/ -- ALTIVIA Oxide Chemicals, LLC, an affiliate of ALTIVIA Petrochemicals, today announced that George Kraus joined ALTIVIA as plant manager of its recently acquired facility in Crosby, Texas.
  • Mr. Kraus has spent over 20 years in the chemicals industry and has served in several key roles in engineering and operations management.
  • Mr. Kraus most recently served as Plant Manager for Athlon Solutions, a Halliburton Company, in La Porte, Texas.
  • ALTIVIA Oxide Chemicals specializes in the custom production of a variety of chemical intermediates servicing the surfactant, lubricant and fuel additives markets.