Market Flash

A ten-year tax break has been solicited by all provinces on their Provincial Holding Oil and Gas companies (PHCs) in the upcoming budget for the financial year 2018-19.

• Tax
• Pakistan

The United States Agency for International Development (USAID) Director of the Office of Education in Pakistan Dr Christopher Steel, joined senior government officials and private energy sector representatives at the inauguration of the Energy ...

• US
• USAID
• Research

Oxea Corporation said it will implement a Freight Adjustment and a Change in Service Standards in North America, effective June 1, 2018, or as contracts allow. Due to escalating costs associated with securing truck carrier capacity, Oxea will make...

• Oxea
• Change
• Freight

Dunn-Edwards introduced ENDURACAT, an epoxy-fortified interior, ultra-low VOC, pre-catalyzed, water based, single component coating. Enduracat is intended for use on properly prepared interior metal, wood, drywall and masonry, and provides superior...

• Dunn-Edwards
• ENDURACAT

Elementis Specialties appointed the Maroon Group to representing the company in the eastern U.S. territory. Effective July 1, 2018, Maroon will serve coatings, adhesive, inks, and sealant customers from Maine to Florida – including those in Alabama...

• Distributor
• Elementis
• Maroon

Sartomer Americas, a business unit of Arkema Inc., will showcase several technologies for optimizing energy-curable pressure sensitive adhesives (PSAs) for high-end applications at the RadTech UV+EB 2018 Technology Expo and Conference at booth 501:

• Radtech
• Sartomer
• Technology

Recognizing the importance of sharing practical, technical information to the corrosion prevention industry, KTA-Tator, Inc. has released their fourth podcast to their free educational website, KTA University. The latest podcast, titled “Maintenance...

• Podcast
• KTA
• University

Swiss construction chemicals firm, Sika, is pushing ahead with the significant expansion of its plant in Bac Ninh in northern Vietnam. A state-of-the-art facility for mortar production has come on stream alongside the existing production of concrete ...

• Sika
• Vietnam
• Senegal

French chemicals group, Arkema and US-based composite materials expert, Hexcel have signed a strategic alliance to develop thermoplastic composite solutions for the aerospace sector combining the expertise of Hexcel in carbon fibre and that of Arkema...

• Arkema
• US
• France

Germany-based supplier of collagen proteins, Gelita, has announced the launch of what it described as the “first-ever blog” dedicated to collagen proteins. The new blog – #AmazingCollagen – is designed to “explore and expand perceptions and expertise...

• Gelita
• Blog

German material science company, Covestro’s CEO Mr. Patrick Thomas will hand over charge to Dr. Markus Steilemann, currently Chief Commercial Officer (CCO), on June 1, 2018.

• German
• CEO
• People

ECHEMI will recommend you several daily chemical news. If you want to know more, please go to our News Section.

• Echemi
• Daily

Events organiser, UBM, has announced that from 2019 onwards, CPhI South East Asia expo will alternate its annual location between the region’s two largest pharma economies, Indonesia and Thailand.

• UBM
• CPhI

BG Asia Pacific Holdings Pte Ltd.(BGAPH), a wholly-owned unit of Royal Dutch Shell Plc, has pared its shareholding in natural gas distribution company, Mahanagar Gas Ltd. (MGL), to 24 per cent from 32.50 per cent.

• India
• Shell

Petronet LNG will soon assess the option of entering the overseas gas exploration and production segment. Speaking to reporters on the sidelines of the 16th International Energy Forum in New Delhi recently, Mr. Prabhat Singh, Managing Director and...

• LNG
• India

Oil and Natural Gas Corporation (ONGC) has entered into a memorandum of understanding (MoU) with Reliance Industries Ltd. (RIL) to explore the possibility of sharing the latter’s infrastructural facility on the east coast of the country.

• India
• Gas

Indian Oil Corporation (IOC) has signed a tolling agreement with Dhamra LNG Terminal Pvt. Ltd. (DLTPL) for booking 3 million tonnes per annum (mtpa) of regassification capacity at the latter’s 5-mtpa LNG terminal. The terminal is coming up at Dhamra ...

• India
• Oil

India and the US have announced the formation of a joint task force on natural gas aimed at increasing the share of gas in India’s primary energy mix.

• India
• US

The government plans to launch a natural gas trading hub by October, crea-ting an Indian gas benchmark which will spark a surge in consumption of the cleaner-burning fuel.

• India
• Gas

The government is working on ‘unbundling’ of marketing and transportation of gas in the country, Oil Minister Mr. Dharmendra Pradhan has said, in a move that would end up splitting Gail, the owner of most of nation’s natural gas transportation network.

• India
• Gas