1. SIBUR and Netkanika agree to boost supplies of polypropylene for
protective medical devices
MOSCOW (MRC) -- SIBUR, Russia’s largest
integrated petrochemicals company, and Netkanika, a major manufacturer of
high-quality nonwoven materials, agreed to expand cooperation to provide the
healthcare industry with high quality single-use personal protective equipment,
said the company. SIBUR undertakes to deliver the polypropylene grade for
medicinal and hygienic use in the quantities required to fully utilise
Netkanika’s capacities. This grade is perfectly suited for the production of
nonwoven fabric, which is light-weight and low density (g/cm2), and at the same
time durable, soft and air permeable. End products made of polypropylene-based
multilayer nonwowen fabrics are characterised by a high bacterial filtration
rate, air permeability and fluid resistance. Polypropylene for medicinal and
hygienic use is produced at several SIBUR’s sites, including
ZapSibNeftekhim.
http://www.mrcplast.com/news-news_open-369278.html
2.
US crude stocks surge by a record 19 million barrels
MOSCOW (MRC) -- US
crude oil stockpiles rose by 19 million barrels last week, the biggest one-week
increase in history, the US Energy Information Administration said, as refiners
throttled back activity due to slumping demand as a result of the coronavirus
pandemic, reported Reuters. The build in the week to April 10 was much larger
than the Reuters poll calling for a 11.7 million-barrel rise and offsets some of
the optimism that had bloomed as a result of a worldwide pact between oil
producers to cut output sharply. Crude futures slumped on the news.
http://www.mrcplast.com/news-news_open-369257.html
3.
PTTCG America expects pandemic to delay final go-ahead for Ohio
project
MOSCOW (MRC) -- PTTGC America expects fallout from the
coronavirus pandemic to further delay its final investment decision to launch
major construction on a petrochemical complex in southeast Ohio, reported
S&P Global with reference to the company's statement in an email Wednesday.
"We do believe FID will be impacted by the health crisis, but at this point it
is difficult to predict how," the company said on Wednesday. "The companies are
doing all they can to reach FID as quickly as possible, but as you know, there
are things out of their control."
http://www.mrcplast.com/news-news_open-369310.html
4.
NOVA Chemicals gradually resuming construction at Corunna site
MOSCOW
(MRC) -- NOVA Chemicals is resuming construction activities in a phased approach
at its Corunna site, according to Blackburnnews.The company said beginning
Thursday, April 16 it will gradually increase the number of workers involved in
construction of the new polyethylene plant and the cracker expansion project.
NOVA announced late last month that it was sending home the majority of the
construction workers at the Corunna site to reduce the risk of exposure to
COVID-19. In an updated statement Wednesday, the company said it intends to
safely and steadily resume some construction activities on both
projects.
http://www.mrcplast.com/news-news_open-369309.html |