(chemmonitor) -- The polyvinyl chloride (PVC) market sentiment is mixed in Russia as the traditional demand rise did not take place due to the absence of the active end-products trading.
Domestic sellers anticipated a boost of the purchasing operations in the current month, but their expectations were not justified.
A temporary rise of the demand was observed in early April in the end-market. It was below the required level. Vendors' PVC inventories are still high.
According to Titan, the park should include converters of film, packaging, automotive components and medical products, to pipe, building materials and household goods.
Liansu Group European sales director Suzy Jan said, "We have rich experience of making finished products, you have the feedstock so we have all the (necessary) conditions for a successful cooperation."
Liansu plans to construct polypropylene plant
Gazprom Neft, a Russian oil company, and Sibur petrochemicals group are jointly seeking to take a stake in the Titan-Omsk PP project.
(news.szenergy) -- China has become the world's largest and most important market for polycarbonates, said BayerMaterial Science.
"In 2011, 60 percent of the global PC market is in Asia Pacific, and China occupies 50 percent of that," said Michael Koening, head of Polycarbonates Business Unit of Bayer MaterialScience, the leader in global PC market and PC-based solutions.
In order to better adjust to this market and understand customers' technical requirements, Bayer relocated its polycarbonates business unit's headquarters to Shanghai last year.
Just offering cheaper prices won't strengthen the product's presence in the Chinese market, Koening said. "I believe products like polycarbonates need innovation, which means we should come up with new ideas and solutions to very specific requirements," he noted.
As a means to cope with trends such as climate change, increasing urbanization and mobility and an aging population, Bayer has been active in developing new applications of the PC material.
MRC
(nord-stream) -- The Nord Stream Project took another major step forward today with the completion of offshore pipelay of the second of its twin 1,224-kilometre gas pipelines through the Baltic Sea ahead of schedule.
Following extensive pre-commissioning and commissioning, Line 2 is scheduled to begin transporting gas towards the end of 2012 as part of a fully automated twin-pipeline gas transport system capable of transporting 55 billion cubic metres (bcm) of gas per year from Russia to the European Union, for at least 50 years.
The last of the 99,953 steel pipes for Line 2 was made in Germany by Europipe, concrete-weight-coated at EUPEC's plant in Mukran, shipped to the Slite marshalling yard on the coast of the Swedish Island of Gotland and transported by a pipe-carrying vessel to Saipem's Castoro Sei laybarge, where it was welded onto the pipeline and lowered to the seabed on April 18, 2012. This marked also the completion of the logistics activities for the Nord Stream Project.