Latest news with #polyethylene
Associated Press
19-05-2025
- Business
- Associated Press
Russia's SIBUR to Participate in Major Polymer Conference in Indonesia
MOSCOW, RUSSIA - Media OutReach Newswire - 19 May 2025 - SIBUR, Russia's largest producer of polymers and synthetic rubber, will take part in the Meet@Commoplast industry conference in Solo, Indonesia, on 22 May 2025. Representatives of SIBUR will join panel discussions alongside industry peers to address the state of international polymer markets, including the latest trends in demand and supply, rising protectionism, and logistics challenges. SIBUR has an installed capacity of 5.2 million tonnes of polypropylene and polyethylene, part of which is exported to China and Southeast Asia. The company is currently building the Amur Gas Chemical Complex in Russia's Far East, which is now 76% complete and scheduled to launch production in 2026. With a design capacity of 2.7 million tonnes of polymers, the new plant's strategic location and low production costs will enable SIBUR to increase shipments — particularly HDPE, LDPE, and LLDPE — to Asia, including Indonesia. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement.
The Sun
18-05-2025
- Lifestyle
- The Sun
Amazon shoppers race to nab a versatile £8 buy that adds privacy to gardens from all angles & it works as a sunshade too
LOUNGING out in your garden enjoying the warm weather is what summer is all about. And with this handy item, you don't have to worry about nosy neighbours or sunburns. 3 Whether you have a balcony or patio, this budget-friendly Amazon buy can help shield you from prying eyes. And it can also be repurposed as a sun shield for outdoor spaces that may also be sun traps. The Mesh Fabric Garden Privacy Screen is available for £8.06 from Amazon. According to manufacturers, this buy offers an 88% visibility blockage rate, helping to protect your privacy. It can also block 90% of UV rays without preventing a cool summer breeze from entering your outdoor area. Made with polyethylene material, this screen is durable but not too heavy, allowing for light to still pass through. It can be easily installed thanks to the aluminum grommets placed evenly along the edges. You can also secure it overhead, creating a shading net with UV protection. The product description says this buy is suitable for balconies, gardens, terraces, fences, and courtyards. It is customisable to your size preference and available in a variety of colours. Or you can pick up a privacy fence from Amazon for just £5. B&Q has an affordable privacy fence currently on sale, and you can put it up yourself. And a £10 B&M product adds inches to your fence, elevating your garden's privacy. You can also add a stylish touch to your privacy fence with another B&M buy. And its not just fences that can help give you privacy in your garden, one B&M item can help shield you from nosy neighbours and the sun. How to create privacy in your garden CREATING privacy in your garden can be achieved in a number of ways depending on your budget, and the size of your space. Here are some effective ways to enhance privacy in your garden: 1. Fencing Install a tall, solid wooden or vinyl fence. This is one of the most straightforward ways to gain immediate privacy. Or use lattice panels, trellis, or slatted fencing to add a decorative touch while still offering privacy. 2. Hedges and Plants Fast-growing evergreen shrubs or trees like Leylandii, Thuja, or Bamboo along the boundary of your garden can help with privacy. Grow a dense hedge using plants like Boxwood, Privet, or Laurel. It may take time to grow, but it provides a natural and green privacy screen. Use climbers like Ivy, Clematis, or Wisteria on fences or trellises to create a lush, green privacy barrier. 3. Outdoor Curtains Hang outdoor curtains around pergolas, gazebos, or patios for an easy-to-adjust privacy solution. 4. Sound Barriers A water fountain or small waterfall can help drown out noise, adding to the sense of privacy. Or install fencing designed to reduce noise if privacy from sound is also a concern. Meanwhile, a Home Bargains buy is said to add a touch of glamour to your garden. Another item from the bargain retailer is perfect for attracting birds to your space. A £3 buy from B&M is can also help to add privacy to your garden this summer. And shoppers can also pick up a £9.99 novelty decor buy that adds character to flowerbeds. A £7 gardening gadget is also available from Home Bargains and is guaranteed to transform your lawn. 3
Forbes
08-05-2025
- Business
- Forbes
Indonesian Billionaire's Chandra Asri Expands In Singapore With Chevron Phillips Deal
Storage tanks at the Shell refinery on Pulau Bukom in Singapore on Wednesday, 25 August 2021. A joint venture backed by Indonesian billionaire Prajogo Pangestu's Chandra Asri and commodities trader Glencore is expanding its presence in Singapore, with the acquisition of Chevron Phillips' polyethylene manufacturing operations. Under the deal, Aster Chemicals and Energy will buy Chevron Phillips Singapore Chemicals' manufacturing facility, which annually produces 400,000 tons of high-density polyethylene that's used to make plastic bottles and food containers, the company said in a statement. The sale was approved by Chevron Phillips and its partners including EDB Investments and Sumitomo Chemical Co. Financial details weren't disclosed. 'This acquisition represents a key achievement for Aster, supporting our strategic goals with new capabilities and strengthening our offerings to customers,' Erwin Ciputra, group CEO of Aster said in the statement. The deal comes a month after another Chandra Asri and Glencore joint venture completed the acquisition of Shell's refinery and petrochemical assets in Singapore. The latest acquisition bolsters group's position in the Southeast Asian petrochemical hub where it also operates a refinery capable of producing 237,000 barrels of oil per day, an ethylene cracker on Pulau Bukom as well as a petrochemical plant on Jurong Island. Jakarta-listed Chandra Asri is part of Barito Pacific, a company originally focused on timber that tycoon Prajogo Pangestu transformed into a major player in energy and petrochemicals. With a real-time net worth of $19.8 billion, Pangestu ranks among Indonesia's wealthiest individuals. He also holds stakes in Petrindo Jaya Kreasi, a coal mining firm, and Barito Renewables—both of which went public in 2023.
Reuters
07-05-2025
- Business
- Reuters
Aster to acquire Chevron Phillips Singapore Chemicals
Companies Show more companies SINGAPORE, May 7 (Reuters) - Aster Chemicals and Energy will acquire Chevron Phillips Singapore Chemicals through its affiliate Chandra Asri Capital, the company said in a press release on Wednesday. Chevron Phillips Singapore Chemicals currently operates a 400,000 metric ton per year (tpy) polyethylene facility a building block in Singapore's Jurong Island. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Polyethylene is a type of plastic resin used in the packaging, construction and medical industries. "This acquisition represents a key achievement for Aster, supporting our strategic goals with new capabilities and strengthening our offerings to customers," the CEO of Singapore-based Aster Chemicals and Energy, Erwin Ciputra, said. The company did not reveal the investment value of this acquisition. Last month, Aster Chemicals and Energy, a joint venture between Chandra Asri and Glencore (GLEN.L), opens new tab, completed its purchase of Shell's Singapore refinery and refining assets.
