MAY 3.57% 2.7¢ melbana energy limited

Cuba Block 9: Operations Update 31 May 2024, page-698

  1. 782 Posts.
    lightbulb Created with Sketch. 76
    Yes, both plastic and polyester are typically derived from oil. Here's how: - **Plastic**: Most plastics are made from petrochemicals, which are chemicals obtained from petroleum and natural gas. The process involves refining crude oil to produce substances like ethylene and propylene, which are then polymerized into various types of plastics. - **Polyester**: This is a category of polymers that are often made from ethylene glycol (derived from petroleum) and terephthalic acid (a petroleum derivative). Polyester fibers are widely used in textiles and are known for their durability and resistance to various chemicals. So, in essence, the production of both plastic and polyester is heavily reliant on oil as a raw material.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $90.99M
Open High Low Value Volume
2.9¢ 2.9¢ 2.7¢ $87.74K 3.087M

Buyers (Bids)

No. Vol. Price($)
5 848777 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 284679 3
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.