LONDON (ICIS)–The ICIS Northwest Europe ammonia-to-hydrogen price regained most of the previous week’s losses during week 43 with ammonia pricing rising as demand is set to pick up in November. The ammonia-to-hydrogen price saw a weekly increase of €0.29/kg to stand at €6.34/kg on 26 October, close to the seven-month high of €6.41/kg set on […]
PE, PP ‘highly challenged’ by Europe, new capacity while US exports a positive
October 28, 2023 By
NEW YORK (ICIS)–Global polyethylene (PE) and polypropylene (PP) markets will continue to see headwinds from weak European demand and new capacity through at least H1 2024, but positive signs include strong US PE exports and some improvement in China, executives from LyondellBasell said. “[US] PE exports have gone up during the past quarter, and that […]
Manifold Valves
October 21, 2023 By
In August 2023, Maniofold Valves manufactured by Alco Valves Group have been delivered to the customer.
Roller Bearing
October 21, 2023 By
By the end of September 2023, Roller Bearings manufactured by INA Schaeffler have been delivered to an esteemed regular customer.
Northwest Europe ammonia-to-hydrogen production costs break back above €6/kg
October 14, 2023 By
LONDON (ICIS)–The ICIS Northwest Europe ammonia-to-hydrogen assessment posted a solid increase on a weekly basis in mid-October with wider gains in the energy complex supporting the assessment with ammonia supply still seen as tight. The ammonia-to-hydrogen assessment posted a weekly increase of €0.76/kg to stand at €6.41/kg on 12 October, the highest value since early […]
Argentina’s potential dollarisation not substitute for sound economic policy – IMF
October 14, 2023 By
SAO PAULO (ICIS)–A potential dollarisation of the Argentinian economy would not be enough to fix the country’s financial woes because it cannot be a substitute for a “sound economic policy”, the International Monetary Fund’s (IMF) director for the Western Hemisphere said on Friday. Rodrigo Valdes added that for a country to dollarise, its central bank […]
US picks seven hydrogen hubs in $7bn programme
October 14, 2023 By
HOUSTON (ICIS)–The US Department of Energy (DoE) has picked seven hubs scattered through the country to become its main centres of hydrogen production, it said on Friday. Among the chosen is Houston’s Gulf Coast Hydrogen Hub, called HyVelocity. It will receive up to $1.2bn to develop clean hydrogen. The hydrogen hub programme is part of […]
Australia unions to appeal to labour panel on Chevron talks
October 7, 2023 By
SINGAPORE (ICIS)–Australian energy union umbrella group the Offshore Alliance (OA) said on 6 October it has voted to renew industrial action at Chevron’s Wheatstone and Gorgon LNG facilities alleging the company “reneged” on the commitment they gave the Fair Work Commission (FWC) to incorporate its mediated recommendations into enterprise agreements (EA) covering workers. OA, the […]
Moldova’s Energocom snaps up more gas, rejects anti-competition claims
October 7, 2023 By
LONDON (ICIS)–Moldova’s state-owned energy wholesaler Energocom is committed to securing gas transparently and at competitive prices, the company said, rejecting recent concerns expressed by traders over its tendering process. Energocom bought 280 million cubic meters of gas over the period 4 September to 5 October at a weighted average price of €35.77/MWh, according to a […]
