The German Rubber Conference 2015 (DKT) and the International Rubber Conference 2015 (IRC) were opened with a ceremony on 29 June 2015 in Nuremberg. The demand for exhibit space and tickets was reaching record levels already in advance of the event, according to the German Rubber Society (DKG).
A consortium of the Russian Direct Investment Fund (RDIF) and leading international investors have agreed to invest in the development of Sibur’s ZapSibNeftekhim project at Tobolsk in Western Siberia’s Tyumen Region.
Natural rubber export prices are on a rising trend since the beginning of May following concerted efforts from the Ministry of Agriculture and Rural Development and the Vietnam Rubber Association (VRA), reported the Thoi bao Kinh Te Vietnam (Vietnam Economic Times).
Sumitomo Chemical Co. has announced plans to integrate its organic chemicals operations with its petrochemicals and feedstocks operations, establishing a single organic chemicals department, effective in July 2015.
The Delegation of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen (GESALO) organized a delegation trip of Saudi businessmen to ACHEMA trade fair which was opened last Monday (15 June 2015) for the 31st time.
Egyptian Petrochemicals Holding Co. (Echem) expects to activate a memorandum of understanding (MOU) signed earlier this year with Kuwait investment firm Boubyan Petrochemical Co. when it completes and delivers to Boubyan a feasibility study for a propylene and derivatives project later this year.