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Showing results for Citgo Refining & Chemicals Co L P
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
...“The fact that petrochemical feedstock demand continues to keep growing is what pushes our view of peak oil out into the early 2030s,” said Alan Gelder, vice-president of refining, chemicals, and oil markets...
...First, China dominates critical mineral extraction and refining to an astonishing degree....
...China is home to more than half of the world’s lithium, cobalt and graphite refining capacity....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...Refineries in Lake Charles owned by Phillips 66 and Citgo Petroleum were halted, as were others in Texas owned by Motiva Enterprises, ExxonMobil, Valero Energy, Total and Chevron, S&P said....
...The affected refineries included North America’s largest, Motiva Enterprises’ 630,000 b/d plant at Port Arthur, as well as Citgo’s 425,000 b/d refinery at Lake Charles, S&P said....
...“Europe is a good opportunity now,” says Gavin Launder, manager of the European fund at L&G, the investment group. “Governments are now quite keen to promote tech-savvy companies....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...The company was also able to maintain high capacity in its refining business while oil prices were low....
...But when everything explodes, your P&L explodes with it, and that is what we are currently living through....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Origins of JAB JAB traces its roots to the German businessman Johann Adam Benckiser, who in 1823 bought a chemicals factory in southwestern Germany....
...About 153,000 barrels per day of offshore production was shut down on Friday, down from 430,000 b/d at the height of the storm a week ago, according to S&P Global Platts....
...About 900,000 b/d of oil refining capacity was also closed on Saturday....
...Unlike Conoco, which split off its refining, chemicals and pipelines business as Phillips 66 in 2012, the largest companies have retained significant downstream operations....
...Refiners also produce not just gasoline but petroleum-based chemicals....
...On the same day, Germany’s BASF chemicals group and Russia’s Gazprom scrapped a multibillion-euro asset swap because of the “difficult political environment”....
...China Petroleum & Chemical Corp. said Sunday that it would reduce capital expenditures 4.2%. PetroChina Co. said Thursday that it would cut capital spending 7%.”...
...giant Sinopec and shipper National Iranian Tanker Co (NITC) over freight terms, Beijing-based sources said on Tuesday, according to Reuters. http://reut.rs/M5D0GN China June official services PMI rises...
...At J.P. Morgan, Whale & Co. Go: Three London-based employees at the center of J.P....
...Financial stocks in the S&P 500 led the market lower, with bank shares down 1.8 per cent as the S&P 500 fell 0.7 per cent to 1,165.24....
...Yule Catto added a further 4 per cent to 253p amid continued speculation that the chemicals maker may be a takeover target, thanks to its share of the fast-growing market for latex gloves....
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