London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

COVID-19 - News digest as of 17.04.2020

April 17/2020

1. SIBUR and Netkanika agree to boost supplies of polypropylene for protective medical devices

MOSCOW (MRC) -- SIBUR, Russias 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 Netkanikas 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 SIBURs sites, including ZapSibNeftekhim.

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.

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."

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.
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, propylene, ethylene, nonwovens, petrochemistry, clothes and accessories, Sibur Holding, Nova Chemicals, PTT Chemical, ZapSibNeftekhim, COVID-19.
Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe