<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On May-31-2002

Polymer News On May-31-2002

Local Chinese producer reduces PE prices as stocks continue to swell

May 31, 2002

Chemchina.com this morning reported that with market demand for PE continuing to remain sluggish, domestic producers in China w...


Two explosions at a polyethylene plant kills one worker (refile)

May 31, 2002

According to a Mexican Government news agency Notimex, a series of explosions early on Thursday at the Escolin Petrochemical Po...


Number of overseas offers to India on the increase

May 31, 2002

Even though the undertone remained cautious in the Indian polymer markets on account of the growing tensions along the Indo-Pak...


Capacity expansions in the Middle East on in full swing

May 31, 2002

According to market reports made available to the polymerupdate team, the Middle East region is seeing an upsurge in investment...


Crude oil records a sharp decline in values - Brent slips below USD 24/barrel

May 31, 2002

On Thursday, trading on the Western oil markets saw prices fall prey to the laws of gravity as crude across the board plummeted...


Styrene prices in Asia edge lower

May 31, 2002

Prices of styrene in Asia today recorded a significant decline as it was directed along the same southward path journeyed in re...


Western analyst warns Asian producers not to justify their price quotes based on current demand in Europe

May 31, 2002

A brief discussion last evening with a European industry analyst revealed that sustained resin price increases coupled with a s...


Formosa~s June contract prices for PE likely to be lower

May 31, 2002

A strong bearish market trend crippled polyethylene business in the region of Taiwan and other parts of the region as local sou...


Naphtha opens lower in Asia - benzene values also decline

May 31, 2002

Yesterdays sharp decline in crude in the Western markets had an early impact on prices of naphtha in Asia this morning which op...


Euphoria on European plant turnaround delay short lived as producer says that Styrene production wil be reduced

May 31, 2002

As the markets in Europe buckle under the pressure of fast rising Styrene prices on the eve of a series of regional plant shutd...