Bilcare Solutions increases films prices

(bilcare) -- Bilcare Solutions, the films business of the Bilcare Research Group, specialised in the manufacturing of highly developed and refined rigid plastic films, increases films prices with immediate effect.

"The continuous pricing dynamics for raw materials are connected with significant cost increases in the films production. Also in the actual month raw materials suppliers keep on increasing prices drastically surpassing all time historical records. Due to this reason we are forced to increase our films prices with immediate effect. Unfortunately, a reversal of this trend is not in sight", explained Thorsten Kuhn, CEO Bilcare Research AG, Switzerland.
MRC

(styron) -- Styron Europe GmbH and its affiliate companies in Europe yesterday announced price increases for all CALIBRE and EMERGE polycarbonate compound & blends products.
Effective May 1, or as existing contract terms allow, the price for these products will rise by 150 Euro per metric ton.

Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron's technology solutions are used by customers in industries such as home appliances, automotive, building & construction, carpet, commercial transportation, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires.

Styron had approximately USD 6 billion in revenue in 2011, with 20 manufacturing sites around the world, and 2100 employees.

MRC

(eni) -- Eni started the production of hydrocarbons in the Russian Federation, from the Samburskoye field, located in the autonomous district of Yamal-Nenets in western Siberia.

The initial gas and liquids production of the field, which is operated by SeverEnergia, a company in which Eni holds a 30% stake, will be 43.000 barrels of oil equivalent per day, (14,000 boepd net to Eni). The maximum gas and liquids production of 145,000 barrels of oil equivalent per day (43,000 boepd net to Eni) will be reached in 2015. The gas produced will be sold to Gazprom, while Eni will retain the buy back and marketing rights on the Russian domestic market. The condensates will be destined for foreign markets.

The development of the Samburskoye field represents an important step forward in Eni's growth and consolidation in the Russian Federation, and is the first of four start-ups expected in the four-year plan that will lead to a production of about 200,000 boepd net to Eni in 2019.

SeverEnergia, a joint venture between Eni, Novatek (25.5%), Gazpromneft (25.5%) and Enel (19%), is the first Italian-Russian company active in E&P, has offices in Moscow and operates the Yamal-Nenets fields, which currently produces some 90% of Russian gas.
Since 2008, Eni has also had an agreement with Yamal-Nenets in place, for the creation of social and cultural projects.

MRC

(neftegaz) -- Vagit Alekperov, OAO LUKOIL President, and Sergey Kirienko, General Director of the State Nuclear Energy Corporation ROSATOM, signed a strategic partnership agreement between the Company and the Corporation.

Under the terms of the document, Rosatom will engage LUKOIL Group organizations in biddings for the supply of petroleum products, namely, gasoline, diesel, jet fuel, liquefied hydrocarbon gases, fuel oil, oil bitumen and various-application oils for corporate needs.

For its part, LUKOIL will engage the Rosatom organizations in competitive participation in equipment purchases for petrochemical production, generation of thermal and electrical power, and also for pipeline transport. The Agreement will be valid for three years.

The oil and gas industry is traditionally considered the motive power of engineering. This Agreement will serve as a catalyst of cooperation between our Company and the atomic industry plants, whose equipment and technologies have always been marked by exceptional quality and high reliability', Mr. Alekperov said.

⌠Rosatom 's factories turn out high-precision science-intensive products which are already used in the petrochemical industry. I am sure that the agreement with LUKOIL Group will prompt us new forms of mutually beneficial cooperation, Mr. Kirienko commented.

MRC

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