Wax

Sabic, Clariant Defer Union

Chemical manufacturer Saudi Basic Industries Corp., a 24.99 percent stakeholder in Clariant AG, said the two companies will temporarily defer discussions on a possible merger of Clariants additives and masterbatch areas into SABICs specialties business.

Slack Waxes in Demand in Europe

Slack wax from Russia and Uzbekistan is in high demand and selling for higher prices in Europe due to the holiday season in Poland and technical issues experienced by several major wax producers in Western Europe, an industry insider told Lube Report.
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