Market Flash

When hurricane Harvey pummelled the US Gulf Coast in August 2017, it knocked offline a large number of chemical facilities. US industrial production suffered substantially from the reduced operations of these plants.

• 2017
• hurricane
• 2017 Highlights

Economic and political pressure is encouraging the chemical industry to become more specialised as certain sectors consolidate in 2017.

• 2017
• Merger
• Chemical Industry

Brushing aside the proposal of the textile factory owners, petroleum corporation’s director operations Mir Ali Reza said that the corpor...

• Bangladesh
• Textile
• Import
• Furnace Oil

“That indicates that both LNG suppliers and LNG buyers are going to have to get to work to underpin new LNG supply projects, perhaps soo...

• China
• LNG
• Volatility

an agreement between China’s state-owned oil company Sinopec, the Alaska Gasline Development Corporation, the state of Alaska, a Chinese bank, and a Chinese investment firm to advance the $43 billion Alaska LNG natural gas pipeline megaproject.

• Shale Gas
• China
• U.S.

“Unless they can show without doubt that phosphate additives are not harmful, their use in all foods must be immediately reviewed by the...

• Doner
• Additives

" The study does not presume any potential health effects stemming from this microbiome alteration, but it raises some compelling questi...

• Food
• Non Toxic

2 per cent growth in 2018, a press release from the company said citing the forecast.

• Global
• Economy

With more than 1,700 power-generating firms included in the system and their emissions exceeding 3 billion tonnes in total, the national...

• China
• Cotton
• Trading

5 per cent larger than in the previous crop, due to the good perspectives for the Brazilian market.

• Brazilian
• Cotton
• Price

The comments come after the government reopened some coal-fired power plants and cut output from gas-fired generators, freeing up 10 mil...

• NDRC
• Gas
• Energy

In November, output growth of the high-tech industry and equipment manufacturing industry stayed above 10 percent and 14 percent respect...

• China
• Industry
• Output

According to VISTA, domestic firms have to import 86% of fabrics for garment production as locally-produced fabrics have not met standar...

• Vietnam
• Textile
• Trade

At the end of October, Xie Weizhi, CNOOC’s chief financial officer, lamented the fact that the company’s offshore gas fields in the sout...

• LNG
• CNOOC

The deal with EDF Trading, which annually trades around 3 million to 5 million tonnes of LNG, allows JERA to have EDF Trading’s access t...

• Japan
• JERA
• LNG

The report said that reorienting policy to address these challenges can generate stronger investment and productivity, higher job creati...

• World
• Economy

Additional Secretary Planning Zafar Hassan, Project Coordinator CPEC Hassan Daud and Director BoI Abdul Sami also briefed the participan...

• Chinese
• Businessmen
• Govt

China's Midea Group, the world's largest maker of major home appliances, is calling for more cooperation with the plastics industry to develop next generation materials like those that can replace sensors or provide new kinds of foam insulation.

• Plastics

China has been the world’s largest oil consumer since 2011 and became the biggest crude oil net importer in 2015. And while the rest of the world has struggled to run down crude oil inventories, it has continued to build up stocks.

• Oil

The Brazilian Senate approved on Tuesday a bill that would create a national biofuels programme called RenovaBio that is intended to promote the production of ethanol, biodiesel, biogas and other biofuels.

• Biofuels