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Polymer News On Jan-2-2006Indian producers increase prices of PP and PEJan 2, 2006A local source over the weekend informed a polymerupdate team member that Reliance Industries Ltd (RIL) and IPCL had in keeping... Toluene sellers refuse bids at below the USD 700/mt FOB Korea markJan 2, 2006Trade in the Asian toluene markets on Monday morning began on a positive note with buying interest seen firm on the back of str... NOVA Chemicals Announces Decision to Take Corunna, Ontario, Facility Offline for RepairsJan 2, 2006NOVA Chemicals Corporation announced plans to shut down its Corunna, Ontario, ethylene manufacturing facility on December 28, 2... Outlook in Asia~s SM markets look positiveJan 2, 2006Styrene Monomer (SM) prices in Asia on Monday morning quoted firm with offers pegged at above the USD 1000/mt FOB Korea mark fo... Largest Capital Investment for a Sino-foreign joint venture Project in China ---CNOOC and Shell Nanhai petrochemicals complex moves into start-up phaseJan 2, 2006The Board of CNOOC and Shell Petrochemicals Company Limited (CSPC) announced the completion of construction of its world scale ... Benzene climbs in Asia - offers pegged at the USD 720/mt FOB Korea markJan 2, 2006Benzene prices in Asia which ended last week firm, rising on the back of upstream strength in energy values coupled with gains ... PX prices in Asia reboundJan 2, 2006Last week witnessed a sharp price spurt in Asian paraxylene (PX) prices prompting several players to re-visit market fundamenta... Crude prices spurt on fresh supply worriesJan 2, 2006Crude prices on Friday last week spurted, rising on the back of fresh supply worries following an inventory report from the US ... Naphtha prices in Asia edge higher in line with stronger crudeJan 2, 2006Asian open spec naphtha prices last Thursday ended the day in Asia firm. Bid prices for the 1st half of February were pegged at... South East Asian trader shares his January plans based on active purchases made recentlyJan 2, 2006A South East Asain based trader when contacted this morning by a polymerupdate team member said, " sellers from across the Asia... PetroChina gets Beijing~s nod for Chengdu Petrochemical complexJan 2, 2006A local polymerupdate source in China this morning informed a team member that oil major PetroChina had last week won Beijing~s... MoU signed between Qatar Petroleum and South Korea~s Honam for a USD 2.6 billion petrochemical projectJan 2, 2006A polymerupdate source in the Middle East over the weekend reported that Qatar Petroleum was planning to develop a 70/30 percen... Local producers of PS announce January 1st price hikesJan 2, 2006In keeping with rising prices of PS across the Asian markets and on the back of firm Styrene Monomer (SM) feedstock costs in th... |