7:15 AM MDT | October 5, 2010 | Natasha Alperowicz
Sabic says it has signed a long-term agreement with Oiltanking Stolthaven Antwerp covering storage services. The contract, signed yesterday at the European Petrochemical Association meeting in Budapest, will go into effect in 2013. It will ensure an...
Stolt-Nielsen posted a fall in unaudited net profits for the first quarter of 2013 to $1.5 million, from $8 million in the corresponding quarter of 2012, on sales of $519.4 million, up from $505.7 million a year earlier. Operating profits increased to...
Odfjell Tankers and National Chemical Carriers (NCC; Riyadh) have agreed to dissolve their pool of 40,000–45,000 deadweight (dwt) m.t. coated chemical tankers, effective 1 June....
RSA Logistics (Dubai, UAE), a provider of transport and logistics services, and Talke (Hürth, Germany) said on Tuesday that they have signed an agreement to form a joint venture in Dubai. RSA-Talke, an equally owned partnership, will operate a chemicals...
Odfjell posted a $13-million net loss for the first quarter compared with a net loss of $4 million in the corresponding period of 2012, on sales down 13%, to $291 million. Ebitda fell 34% year-on-year, to $27 million. Odfjell's chemical tankers...
Vopak has reported a 1% decrease in first-quarter operating profit, excluding exceptional items, to €138.4 million ($181.2 million), compared with the first quarter of last year. The decline includes a currency translation loss of €400,000, but it...
Potash producer Belaruskali (Solihorsk, Belarus) has acquired a 30% stake in the Lithuania's Port of Klaipeda's bulk terminal, media reports say. Belaruskali will pay up to $30 million for the acquisition, the reports add. Belarus's Prime Minister Mikhail...
Chemicals sector rail traffic in North America rose 0.6% year-on-year (YOY) during the week ended 30 March, to 43,944 cars, according to the Association of American Railroads (AAR; Washington). US traffic was down 2.3%, to 30,557 cars. Canadian traffic...
Stolt-Nielsen posted a fall in net profits for the first quarter of 2013 to $1.5 million from $8 million in the corresponding quarter of 2012, on sales of $519.4 million, up from $505.7 million a year earlier. Operating profits increased to $33 million in the...
North American chemicals sector rail traffic rose 1.7% year-on-year (YOY) during the week ended 23 March, to 43,588 cars, according to the Association of American Railroads (AAR; Washington). US traffic fell 0.9%, to 30,460 cars. Canadian traffic was up 9.2%...
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