Home > News > Market Trend and Demand Downstream food companies brewing to raise prices Will Affact the Price of Nano diamond
Market Trend and Demand Downstream food companies brewing to raise prices Will Affact the Price of Nano diamond
In just a few months, the price of white cardboard as a high-end gift box material has soared from 4,600 per ton to over 10,000 per ton today. This has made it difficult for Manager Wang, who has been in the paper and paper packaging industry for 20 years, to accept: “It’s already more expensive than steel. In order to alleviate the cost pressure caused by the increase in raw materials, he had to increase the ex-factory price of packaged products by 20%, which also caused delays for downstream food customers.
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Uzbekistan GTL LLC has issued an update on the current state of the construction of its complex for the production of synthetic liquid fuel in the region. Despite the impact of the COVID-19 pandemic in 2020, the project has now entered the final stages with the overall implementation of planned works currently standing at 95.3%.
On completion of the commissioning of all auxiliary installations, the commissioning of key technological installations will begin. Commissioning of production facilities and the launch ceremony are scheduled for the 2H21.
General Director of Uzbekistan GTL LLC, Fakhritdin Abdurasulov, said: “Our strength is in our commitment to safety and quality as our core values, as well as in exemplary dedication of our staff over the difficult months of the COVID-19 pandemic. Jointly with our international partners we seek to complete this new and exciting petrochemical complex in 2021.
W. R. Grace & Co. has licensed its UNIPOL PP process technology to the new MTO gas chemical complex, located in the Bukhara region of Uzbekistan, to Enter Engineering.
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Cautious Refiners May Deal Major Blow To Oil Tanker Market By Tsvetana Paraskova - Mar 17, 2021, 2:00 PM CDT
U.S. gasoline demand has rebounded to nearly pre-pandemic levels, but after a horrendous 2020, American refiners are looking to cut costs wherever and whenever possible in light of the still-sluggish fuel demand recovery in some key export markets for U.S. refined petroleum products.
U.S. refiners have shunned hiring tankers for long periods under the so-called
time charter contracts to minimize expenses at a time when the demand picture outside the United States is still a risky unknown.
“The last thing you need is to get stuck with several millions of dollars worth of unused vessels for the year. We have had several cases of that,” a U.S. refining executive told Reuters.