HOUSTON (ICIS)–Brazil producer Petrobras announced that its executive board has approved the resumption of operating activities of the fertilizer plant Araucaria Nitrogenados in the state of Parana. The plant has been mothballed since 2020 and the producer said it is now expected to be restarted in the second half of 2025. Located next to the […]
Eurozone private sector momentum hits one-year high in May
June 5, 2024 By
LONDON (ICIS)–Business momentum in the eurozone hit the highest level in 12 months in May, pushing further into growth territory as service sector orders surged and the manufacturing industry showed signs of recovery. The eurozone composite purchasing managers’ index (PMI) rose to 52.2 during the month compared to 51.7 in April as stronger demand buoyed […]
Parts for safety valve
June 1, 2024 By
Offering a flexible choice for helping our customers, Famico is pleased to provide the different range of spare parts For Pressure Safety Valves including Nozzles, DISCs , DISC Holders and Springs from well -Known Chinese manufacturers.
Japan to invest $1 trillion over next decade to meet climate goals
June 1, 2024 By
SEOUL (ICIS)–Japan’s government aims to marshal $1 trillion in public and private investment over the next decade to fuel economic growth and meet its climate commitments, the chairman of the Japan Petrochemical Industry Association (JPCA) said on Friday. To catalyze this massive investment, the Japanese government has launched issuance of climate transition bonds totaling more […]
Weakness persists in Europe chemical industry
June 1, 2024 By
SEOUL (ICIS)–The European chemical industry is bracing for continued weakness in 2024, with demand remaining soft globally due to sluggish growth in the US and a slowdown in China, an industry official said on Friday. “The European industrial sectors are out of recession but still a long way from any dynamic growth,” European Chemical Industry […]
Petrochemical supply glut to stay, portfolio optimization key
June 1, 2024 By
SEOUL (ICIS)–The global petrochemical supply glut will take some time to run its course and focusing on portfolio optimization and higher value products would be the way forward, LG Chem CEO Hak Cheol Shin said on Friday. “China will continue to build although there is a slowdown in new projects,” said Shin, who is also […]
Freepoint Eco-Systems to build 80,000 tonne/year chemical recycling plant in Belgium
June 1, 2024 By
LONDON (ICIS)–Freepoint Eco-Systems Belgium NV is planning to build an 80,000 tonne/year pyrolysis-based chemical recycling plant in Ghent, Belgium, the company announced in a press release. The plant will use mixed plastic waste diverted from incineration as an input, although there were no further details of the grade of mixed plastic waste that will be […]
Parts for Spindle
May 30, 2024 By
Guided by our support of preparing the spare parts, our aim is to help meet the world’s growing demands for the require spare parts. Famico commitment was come to end by supplying our customers’ requirements of spares as a means of solving some of the most pressing challenges of our time.
Spares for Roller Conveyor
May 30, 2024 By
Serving as a dynamic platform to engage with the leading manufacturers, once again, Famico succeed to assist the customer by providing them not only by supplying the production line and machineries, but also by furnishing them the related spare parts and ensures the client to prepare the best services by providing the demand of spares […]
Canada freight rail strike unlikely to begin before mid-July, rail carrier says
May 25, 2024 By
TORONTO (ICIS)–A possible freight rail strike in Canada is not likely to begin before mid-July, according to rail carrier Canadian Pacific Kansas City (CPKC). The ongoing uncertainties over the looming strike make it hard for Canadian chemical, fertilizer and other industrial producers, in particular exporters, to prepare for a work stoppage. After about 9,300 unionized […]
