The lunar surface could act as a ‘chemical factory’ that produces the ingredients for water, making it easier for future human colonies on the Moon to sustain themselves, NASA scientists have found. Using a computer programme, scientists simulated the chemistry that unfolds when the solar wind pelts the Moon’s surface. When a stream of charged particles known as the solar wind careens onto the Moon’s surface at 450 km per second, they enrich it in ingredients that could make water, according to research published in the journal JGR Planets. Read More
Liquidating Non-Moving Chemical Inventory
At present times, chemical companies are seeking new ways to liquidate their excess inventory. Inventory comprising of chemicals and equipment are considered as a fixed cost or a sunk cost, which cannot be recovered after investment. Like shares of a company, that has been bought. They have no real monetary worth until they are sold and reverted to cash. How the value of chemical inventory depreciates with time. Read More
McDermott International Inc (MDR) has been awarded a contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia. The contract includes the design, procurement, fabrication, and installation, testing and pre-commissioning of the TP-10 tie-in platform, six gas lift topside modules and associated pipeline and subsea cables. The total weight of the structures will exceed 29,000 short tons (27,000 metric tons) and pipelines totalling over 40 miles (65 kilometres). Read More
Kraton Corporation has announced a general price increase of 5-15 percent for tall oil fatty acids (TOFA). Subject to the terms of any applicable contracts, this price increase will take effect March 1, 2019. Kraton is a leading global producer of styrenic block copolymers, speciality polymers and high-value performance products derived from pine wood pulping co-products. Read More
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