Dow announced an agreement with the Fuenix Ecogy Group, based in Weert, The Netherlands, for the supply of pyrolysis oil feedstock
, which is made from recycled plastic waste.
ENPNewswire-August 20, 2019--Cabot Corporation to Increase Feedstock
Surcharge for Rubber Carbon Black Products in North America
Summary: This MRRSE Insights study offers a ten-year analysis and forecast for the Global Petroleum Liquid Feedstock
Market between 2019 and 2027.
The skyrocketing costs of feedstock
for bioethanol production may force domestic producers to shutdown operations - especially if government measures to remedy the situation won't come quick and judicious as they are needed.
Manufacturers continue seeking low-priced feedstock
in a bid to marginally reduce pre-production costs.
In a related development, RHI said it may venture into exporting ethanol to the Asian market after government regulators greenlighted its plan to import cheaper feedstock
to utilize their plants' excess capacity.
The current rate of GIDC for feedstock
gas supply to old and new fertiliser plants is Rs300 per million British thermal units (mmbtu), gas supply as fuel to fertiliser plants is Rs150 per mmbtu, for captive power plants Rs200 per unit, industry, independent power producers and power generation companies Rs100 per unit, compressed natural gas (CNG) stations in region-I Rs263.56 per unit and in region-II Rs200 per unit.
Fertilizer plants, which are already a beneficiary of discounted feedstock
gas supply are set to receive further benefits under the relief package.
Sabic, a global leader in the chemical industry, has signed a memorandum of understanding (MoU) with UK-based Plastic Energy, a pioneer in chemical plastics recycling, for the supply of feedstock
to support Sabic's petrochemical operations in Europe.
Furthermore, NISOC's gas liquids production will increase by 38,000 barrels per day which will be consumed by Bandar Emam Petrochemical Plant as feedstock