“Production is expected to dramatically ramp up in 2014 versus 2013,” said Stewart, “and production will jump faster than others because of the experience from other shale plays.”Our best interest is in the orderly development of this resource. I’m very happy to see it ing to the state of Ohio.”
For this reason it is primarily used inside rotor blades. Kerdyn is certified by German Lloyd and available in densities of 80, 100 and 115 kg/m3.Stewart added that there’s “a dark side” to shale, in that it’s driven down natural gas prices while driving up demand for services and led to regulatory scrutiny.The spot resin markets saw moderate activity; transaction volumes in February were somewhat above average, but below the rapid pace of January and December, according to The Plastics Exchange. Anecdotally, most major domestic resellers seem to have posted similar results.
Business was off a bit more for the Houston exporters, as higher costs often rendered their asking prices u petitive in the global theater. Almost all grades of spot polyethylene were up $.01/lb this past week. The ADVALITE VINYL HYBRIDS provided optimal performance The $.04/lb PE increase was implemented on February contracts and most producers have nominated another $.06/lb, but not until April. Spot PP prices were flat again; contracts shed a cent in February and will likely see a similar or slightly larger decline in March.
The U.S. energy markets moved in opposite directions. Crude Oil traded in a narrow range of less than $2.50/bbl. The April futures contract ended the week at $102.59/bbl; it was a small $.39/bbl gain. April Natural Gas futures were much more volatile. The market initially continued to rally, jumping another $.20/mmBtu Monday morning, but prices proceeded to collapse from there.
The market did recover did some $.15/mmBtu from Friday’s low, but when the dust settled, the price stood at $4.609/mmBtu, a $.403/mmBtu loss. The Crude Oil: Natural Gas ratio expanded to 22.2:1.Spot ethane prices fell substantially, ending the week around $.33/gal $.14/lb, almost a $.09/gal loss. Spot ethylene prices were higher in active trading. Ethylene for February delivery transacted quite a number of times, initially a tad lower – under $.51/lb and then spent the rest of the week in slightly higher territory.