Volume 2 Issue 14
The United States market is on stand-by mode during the American Fuel and Petrochemical Manufacturers International Petrochemical Conference in San Antonio, Texas. In Europe, there have been many more freight inquiries, and Asia too saw a small upwards shift in demand.-by Adrian Brown
The European Parliament voted Wednesday to adopt stricter carbon dioxide emission standards for new cars and vans in the European Union after 2020 in an effort to put the EU on track to become climate neutral.
Saudi Aramco reached an agreement last week to buy a 70 percent stake in Sabic, one of the worlds largest chemical companies.
Finnish rerefiner STR Tecoil recently acquired the used oil collection business from Fortum, a Finnish company in the renewable energy sector. The terms of the deal were not disclosed.