Petrochemical

SDK Announces 2020 Consolidated Financial Results

Wednesday, February 17, 2021 - 7:00am

TOKYO, Feb 17, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) today announced its 2020 Consolidated Financial Results.

Key Points: 
  • TOKYO, Feb 17, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) today announced its 2020 Consolidated Financial Results.
  • (SDK; TSE: 4004, ADR: SHWDY) is a major manufacturer of chemical products serving heavy industry to computers and electronics.
  • Our Petrochemicals segment provides cracker products such as ethylene and propylene; Chemicals provides high-performance gases and chemicals to semicon and other industries; Inorganics provides ceramic products: alumina, abrasives, refractory/graphite electrodes and fine carbons.
  • Aluminum provides aluminum materials and high-value-added fabricated aluminum; Electronics provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys; Advanced Battery Materials (ABM) provides lithium-ion battery components.

Howard Energy Partners Closes on Acquisition of Refinery Services Facility in Corpus Christi

Monday, February 15, 2021 - 1:30pm

Howard Energy Partners (HEP) today announced that it has closed on its previously announced agreement with a subsidiary of MPLX LP (NYSE: MPLX) to purchase the Javelina Facility (Javelina), located in Corpus Christi, Texas.

Key Points: 
  • Howard Energy Partners (HEP) today announced that it has closed on its previously announced agreement with a subsidiary of MPLX LP (NYSE: MPLX) to purchase the Javelina Facility (Javelina), located in Corpus Christi, Texas.
  • Javelina produces a wide range of product streams including hydrogen, ethylene, ethane, propylene, propane, mixed butane and other pentanes+ for use in the energy and petrochemical markets.
  • The facility is connected by pipeline to all of the major refineries in the Corpus Christi area and provides a critical service to help ensure the refineries productive capabilities.
  • For more information on Howard Energy Partners, please visit our website www.howardenergypartners.com .

Global Specialty Chemicals Market (2020 to 2026) - Featuring 3m, Akzo Nobel & Albemarle Among Others - ResearchAndMarkets.com

Wednesday, February 10, 2021 - 2:49pm

Key manufacturers of specialty chemicals are inclining towards offering innovative and custom-made products to meet target specific applications and thereby, contributing to the high share of the global market.

Key Points: 
  • Key manufacturers of specialty chemicals are inclining towards offering innovative and custom-made products to meet target specific applications and thereby, contributing to the high share of the global market.
  • The specialty chemicals market is segmented on the basis of product type.
  • The significant presence of end-use industries in the region is contributing towards the high share of the specialty chemicals market in the region.
  • The increasing usage of crude oil derivatives in the petrochemical & specialty chemical industry in China is the key promoters of the specialty chemicals market in the region.

Global Petrochemicals Market to 2025 - by Type, End-use and Region - ResearchAndMarkets.com

Tuesday, February 2, 2021 - 2:57pm

The Global Petrochemicals Market has witnessed healthy growth between 2015-2019 and is estimated to grow at a CAGR of 4.80% during the forecast period.

Key Points: 
  • The Global Petrochemicals Market has witnessed healthy growth between 2015-2019 and is estimated to grow at a CAGR of 4.80% during the forecast period.
  • Growing penetration of petrochemical products across plethora of end-use industries such as packaging, automotive, consumer durables, textile and construction sectors is expected to drive the petrochemicals market growth until 2025.
  • Petrochemicals are omnipresent, with their usage increasing across our countless, daily life applications.
  • The outbreak of the COVID-19 dented the global petrochemicals industry, rendering the global industrial production to remain at standstill during Q2 and Q3 2020.

S&P Global Platts to Assess Prices for Asia Recycled HDPE Film Pellets

Thursday, December 10, 2020 - 7:55am

SINGAPORE, Dec. 10, 2020 /PRNewswire/ --S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the launch of a new daily recycled high density polyethylene (HDPE) film pellets spot price assessment, to meet growing demand for pricing information in the recycled plastic markets in Southeast Asia.

Key Points: 
  • SINGAPORE, Dec. 10, 2020 /PRNewswire/ --S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the launch of a new daily recycled high density polyethylene (HDPE) film pellets spot price assessment, to meet growing demand for pricing information in the recycled plastic markets in Southeast Asia.
  • In addition, the introduction of R-HDPE price assessments in Asia complements the existing ones in Europe (post-consumer mixed bales, R-HDPE light pellets), offering market participants information across the two regions.
  • Ben Brooks, Head of Plastics Recycling Price Reporting, S&P Global Platts said, "The addition of this new daily recycled HDPE spot price assessment for Southeast Asia builds on Platts' strong foundation of virgin polymer benchmark prices across Asia.
  • https://www.spglobal.com/platts/en/our-methodology/methodology-specifica...
    S&P Global Platts has been covering petrochemicals markets for nearly 40 years and has an extended suite of aromatics and olefins and price assessments regionally and globally.

Trecora Resources To Participate in 13th Annual LD Micro Main Event

Tuesday, December 8, 2020 - 9:05pm

SUGAR LAND,Texas, Dec. 8,2020 /PRNewswire/ --Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announcedits upcoming conferenceschedule:

Key Points: 
  • SUGAR LAND,Texas, Dec. 8,2020 /PRNewswire/ --Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announcedits upcoming conferenceschedule:
    There will be a live webcastforthe 13th Annual LD Micro Main Event.
  • To listen to thewebcastplease click the following link: https://ve.mysequire.com/
    TREC owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.

India Petrochemicals Market Report 2020: Growth and the Innovation Potential

Monday, December 7, 2020 - 5:30pm

DUBLIN, Dec. 7, 2020 /PRNewswire/ -- The "The Indian Petrochemicals Market, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 7, 2020 /PRNewswire/ -- The "The Indian Petrochemicals Market, 2020" report has been added to ResearchAndMarkets.com's offering.
  • In a field of more than 25 Indian Petrochemical industry participants, the report independently plotted the top 10 companies in this report analysis.
  • The report on the Indian Petrochemicals Industry is a competitive benchmarking tool on the Growth and the Innovation potential of select petrochemical companies that have based their core operations in India.
  • The report measures growth rates in addition to absolute revenues and combines them with several other factors (described in the report) to measure companies' performance along the growth axis.

KBR's SCORE™ Technology Successfully Commissioned at Sinochem Quanzhou Petrochemical Plant

Monday, December 7, 2020 - 11:00am

HOUSTON, Dec. 7, 2020 /PRNewswire/ --KBR (NYSE: KBR) announced today the successful startup of Sinochem Quanzhou Petrochemical Co., Ltd.'s (Sinochem Quanzhou) 1,000 KTA ethylene plant in Quanzhou, Fujian Province, China.

Key Points: 
  • HOUSTON, Dec. 7, 2020 /PRNewswire/ --KBR (NYSE: KBR) announced today the successful startup of Sinochem Quanzhou Petrochemical Co., Ltd.'s (Sinochem Quanzhou) 1,000 KTA ethylene plant in Quanzhou, Fujian Province, China.
  • The ethylene plant is part of Sinochem Quanzhou's grassroots integrated refining and petrochemical complex.
  • In addition to licensing KBR's Selective Cracking Optimum Recovery (SCORE) ethylene technology, KBR supplied key proprietary components of the SCORE SC-1 furnaces, which deliver high product yields.
  • "We congratulate Sinochem Quanzhou on achieving this milestone, especially during the global COVID-19 pandemic," said Doug Kelly, KBR President, Technology.

FutureFuel Corp. Declares Quarterly Dividend Program for 2021

Thursday, December 3, 2020 - 9:01pm

FutureFuelis a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products.

Key Points: 
  • FutureFuelis a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products.
  • In its chemicals business,FutureFuelmanufactures specialty chemicals for specific customers (custom chemicals) as well as multi-customer specialty chemicals (performance chemicals).
  • FutureFuels custom chemicals product portfolio includes proprietary intermediates for major chemical companies and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company.
  • FutureFuels performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications.

Trecora Resources To Participate in Upcoming Citi 2020 Basic Materials Virtual Conference

Tuesday, November 24, 2020 - 9:05pm

SUGAR LAND,Texas, Nov. 24, 2020 /PRNewswire/ --Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announcedan update to its upcoming conferenceschedule:

Key Points: 
  • SUGAR LAND,Texas, Nov. 24, 2020 /PRNewswire/ --Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announcedan update to its upcoming conferenceschedule:
    *Pat Quarles, CEO, and Sami Ahmad, CFO,will be available for one-on-one meetings throughout the day.
  • Investors interested in scheduling a meeting should contacttheir Citi representative.
  • TREC owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.