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Polymer News On Dec-1-2005Toluene gains in Asia - traders look toward Europe for purchase opportunitiesDec 1, 2005Toluene prices in Asia edged a tad higher this morning, rising on a fresh bout of short covering which in turn boosted regional... China~s Shenyang Chemical breaks ground for Liaoning crackerDec 1, 2005While in conversation with a local source in China this morning, a polymerupdate team member was told, “ at the start of this w... Buying remains sluggish in China~s PVC markets - prices still under pressureDec 1, 2005A local source in China today informed the polymerupdate team that the PVC market of central China continued to remain in the g... Naphtha prices inch higher in tune with firmer crude valuesDec 1, 2005Asian open spec naphtha prices on Wednesday ended the day lower as compared to it~s previous days closing price. Rates were dri... Huntsman Breaking New Ground With First Singapore Manufacturing FacilityDec 1, 2005Huntsman Corporation broke ground on Wednesday November 30th for its new world scale JEFFAMINE® polyetheramines manufacturing f... Buying improves in India however sellers still uncertain about whether or not the momentum will sustainDec 1, 2005The polymerupdate team today spoke randomly with distributors of Indian resin producers and asked them to comment on their sale... Saudi Aramco to build refinery in Quingdao ChinaDec 1, 2005A short while ago, a polymerupdate source from the Middle East informed the team that Saudi Arabian Oil Co. voiced it’s plans t... Management meeting heard underway at select South Korean firms to discuss pricing strategiesDec 1, 2005A polymerupdate source in South Korea spoke with a team member just moments ago and said, " management meetings at select large... PX buying interest lifts - however buyer seller ideal price mismatch persistsDec 1, 2005Paraxylene (PX) prices have been largely range bound in recent days, rising one day and then dipping the next. Although the und... Benzene bids improve however fundamentals across Asia still weakDec 1, 2005Sentiments across Asia’s benzene markets this morning were seen improved as December buying interest lifted on the back of firm... Hong Kong based trader confirms lift in regional activity - however he insists that the downward trend in prices is far from overDec 1, 2005While in conversation with a Hong Kong based trader this morning a polymerupdate team member was told, “ the overnight gains in... MCX Plastics Commentary December 1st, 2005Dec 1, 2005... JBF RAK LLC to Set up a 600 mt/day PET Resin Plant in Ras Al Khaimah Incorporating UOP Sinco SSP TechnologyDec 1, 2005JBF RAK LLC, Ras Al Khaimah, UAE, has selected the UOP Sinco Solid State Polymerization (SSP) technology for their new PET resi... SM bids in Asia dragged lower - weakness persists in prices of other products tooDec 1, 2005As the day in Asia progressed, bearish sentiments surfaced in the region~s Styrene Monomer (SM) markets yet again with sellers ... BASF increases prices for BDO and derivativesDec 1, 2005Effective December 1st, 2005, BASF is increasing the sales prices for 1,4 Butanediol (BDO) and its derivatives worldwide, as fa... Crude prices rise as inventories in the US unexpectedly fallDec 1, 2005On Wednesday crude prices climbed, reversing it’s recent slide, on the back of mid week reports from the US Department Of Ener... |