<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On Jan-19-2006

Polymer News On Jan-19-2006

Huating Coal of China on track to complete construction of 600 kt/annum methanol facility

Jan 19, 2006

A source in China this morning informed a polymerupdate team member that Huating Coal Group of Pingliang City in northwest Chin...


Foster Wheeler Selected to Manage EPC Phase of GASCO~s Habshan Gas Complex Expansion in the UAE

Jan 19, 2006

Foster Wheeler Ltd. has announced that one of its subsidiaries has been awarded a contract by Abu Dhabi Gas Industries Ltd. (GA...


PS prices in China record sharp gains

Jan 19, 2006

PS prices in China have been journeying steadily northward this week, riding on the back of rising upstream Styrene Monomer cos...


While in the rest of Asia buying interest in PVC remains robust, in China purchase volumes shrink

Jan 19, 2006

Even as reports of sustained price gains this week in Asia’s PVC markets continued to surface from across the region, a polymer...


Market mood in Asia remains mixed

Jan 19, 2006

The market mood in Asia this morning was mixed with strong speculative buying interest seen prevalent among one faction of play...


A drop in crude prices pressures Asian naphtha values lower

Jan 19, 2006

Open spec naphtha prices in Asia on Wednesday ended firm, rising sharply on the back of strength in upstream crude values. Bid ...


Buying across China~s PE markets begin to thin - traders seeking liquidity come forward with price discounts

Jan 19, 2006

As the Chinese Lunar holidays approached, buying activity was seen thinning across product sectors. A local polymerupdate sourc...


Future for HPL looks bright - may announce maiden dividend this fiscal

Jan 19, 2006

A polymerupdate source today informed the team that according to a local media report Haldia Petrochemicals Ltd (HPL) was likel...


South East Asian PVC maker seeks February price of USD 830/mt CFR

Jan 19, 2006

An individual working with a South East Asian PVC producer while in conversation with a polymerupdate team member today, on co...


Solvin targets Euro 60/mt hike in February PVC offers

Jan 19, 2006

A local source in Europe today reported that the PVC markets for February and March were looking firm, supported by gains in up...


PX buyers await Asian contract price settlements

Jan 19, 2006

Buying sentiments across Asia’s PX markets during the day today remained bullish with a majority of players heard anxiously awa...


MCX Plastics Commentary January 19th, 2006

Jan 19, 2006

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IPCL reports a 20.63% jump in it~s net profit

Jan 19, 2006

For the quarter ended December 31st, 2005, Indian Petrochemicals Corporation Ltd (IPCL) has reported today, a 20.63 per cent r...


Formosa becomes world~s largest vertically integrated producer of VCM

Jan 19, 2006

A polymerupdate source in Taiwan today reported that Formosa Plastics Corp. (FPC), had recently expanded it’s EDC production ca...


Crude prices decline on warmer weather in the US Northeast

Jan 19, 2006

Crude prices on Wednesday eased, sliding to levels below the USD 66/ barrel on unusually warm weather which in turn curbed heat...


SM trader anxious to sell off stocks before Chinese Lunar New Year start

Jan 19, 2006

Styrene Monomer (SM) prices in Asia today were seen under some selling pressure, not only on account of the decline overnight i...


Naphtha prices slip, propylene down however ethylene trades firm in Asia

Jan 19, 2006

As naphtha prices during trade in Asia today lost ground, reports surfaced from across the region of weaker propylene numbers w...