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Polymer News On Aug-2-2007August PS prices in India rolled overAug 2, 2007A short while ago a local source informed the polymerupdate team that Indian producers of polyestyrene (PS) had decided to leav... Basell makes offer to acquire Shell’s oil refinery at the Berre l’Etang petroch. complex in FranceAug 2, 2007Basell and Société de Pétroles Shell SAS announced today that Basell has made an offer to buy the Shell oil refinery and associ... HDPE prices in Asia continue to edge higherAug 2, 2007Asian HDPE prices continued journeying northward this week with sellers seen successful in striking deals at levels above those... Idemitsu Kosan Co., Ltd. consolidated financial results for the First QuarterAug 2, 2007... S-OIL sees first-half operating income jump by 40% year-on-year to 709 billion wonAug 2, 2007S-OIL, which is armed with a world-class bunker-C cracking center, could achieve outstanding first-half financial results by ta... Oil Company worth USD 2.6 billion set up by BahrainAug 2, 2007While in conversation with an industry source based in the Gulf, a polymerupdate team member reported that an oil and gas holdi... Agreement signed between three Japanese companies and Czech based Kalrupy for butadiene plantAug 2, 2007While in conversation with an industry source based in Europe this afternoon, a polymerupdate team member reported that an agre... Emerson to digitally automate China~s largest integrated refining/petrochemical facilityAug 2, 2007Emerson Process Management, an Emerson business announced that the company has been selected to digitally automate the Fujian R... August contract prices for PTA nominatedAug 2, 2007Following reports of settlements in PX contracts in Asia for August, regional producers of PTA are said to have nominated their... Local trader in Pakistan provides update on the current market situation (refile)Aug 2, 2007A polymerupdate source in Pakistan this afternoon shed light on the current domestic market situation. According to the source,... ICI has announced its second quarter and half year results for 2007.Aug 2, 2007... ACN prices march higher as demand in Asia continues to outstrip suppliesAug 2, 2007Tightness in regional availability of ACN persisted in Asia this week allowing sellers to take their offer rates higher. In the... Total : Second Quarter and first half 2007 resultsAug 2, 2007... Construction on PVC and Ion Membrane project commenced by Jiyuan FangshengAug 2, 2007While in conversation with an industry source based in China today, a polymerupdate team member reported that the Jiyuan Fangsh... Oversupplied markets and weak U.S. trends pressure Asian toluene lowerAug 2, 2007Following an overnight tumble in global energy rates coupled with softer toluene prices in the U.S. markets, Asian toluene pric... CHEMOPETROL, UNIPETROL RAFINÉRIE and UNIPETROL RPA will merge into a single company, UNIPETROL RPAAug 2, 2007The amalgamation of CHEMOPETROL, UNIPETROL RAFINÉRIE and UNIPETROL RPA by way of merger into UNIPETROL RPA is the logical conti... Two French refineries to be purchased by PetroPlus from ShellAug 2, 2007An industry source based in France last evening confirmed that two refineries owned by Royal Dutch Shell located in France were... Crude prices on Wednesday slide in the U.S.Aug 2, 2007A fall was seen in oil prices on Wednesday following a surge earlier in the day amidst reports of a sharp drop in reserves of c... Technip announces conversion of Khursaniyah gas plant contract into lumpsum turnkeyAug 2, 2007Technip, in consortium with Bechtel, has signed a contract with Saudi Aramco for the conversion of the Khursaniyah (Saudi Arabi... Crude unit of CPC at Kaohsiung refinery restarts production after a fireAug 2, 2007While in conversation with an industry source based in Taiwan, a polymerupdate team member reported that operations were restar... August contract prices for PX begin to settle in AsiaAug 2, 2007Prices of paraxylene (PX) edged up in Asia on Wednesday, rising as buyers inquired for September cargoes. Firm upstream energy ... Asahi Kasei Corporation consolidated results for 1st QuarterAug 2, 2007... Maintenance planned at Gonfreville refinery of TotalAug 2, 2007While in conversation with an industry source based in France last evening, a polymerupdate team member was told that a mainten... South Korean LDPE maker remains bullish in his outlook for AugustAug 2, 2007When contacted this morning, an individual working for a South Korean producer of LDPE said to a polymerupdate team member on c... LME Plastics Prices - 01st August 2007Aug 2, 2007... TDI prices in China race higherAug 2, 2007... Nanjing Dongfang Chemical Industrial plans to overhaul caprolactam plantAug 2, 2007A polymerupdate source in China this morning informed the team that Nanjing Dongfang Chemical Industrial Co., Ltd. is expected ... China~s PS markets caught in a sort of deadlockAug 2, 2007Recently, transaction volumes have diminished in the PS market of Shandong province. Markets are in a deadlock as sellers are r... Albemarle Acquires Controlling Stake in Antioxidant Joint Ventures in ChinaAug 2, 2007Albemarle Corporation has acquired a controlling interest in its two antioxidant joint ventures in China: Ningbo Jinhai Albemar... PP gains in Asia again however price ceiling may not be too far offAug 2, 2007PP continued firm across most parts of Asia with gains recorded this week in the Far East and South East Asian regions. High pr... CNOOC to exploit oil with US firm despite new tax policy on oil exportsAug 2, 2007China National Offshore Oil Corp. (CNOOC), the country~s largest offshore oil producer, is in talks with a U.S. firm for a poss... Sellers hike N Butanol prices in ChinaAug 2, 2007Offers for N Butanol were increased to RMB 13600-13700/mt in the markets of southern China yesterday. These price hikes however... SM quotes firm across China (refile)Aug 2, 2007SM prices in Jiangsu province of eastern China were seen firm at RMB 12550-12600/mt (Zhangjiagang, ex-tank). Supplies were hear... Huntsman And Flint Hills Resources Close On Sale Of U.S. Polymers BusinessAug 2, 2007Peter R. Huntsman, President and CEO of Huntsman Corporation on Wednesday announced that Huntsman and Flint Hills Resources, LP... Polyamides business to be expanded in China by DegussaAug 2, 2007While conversing with an industry source based in China, a polymerupdate team member reported that a new specialty polyamides p... Buying sentiments in China~s PP markets remain dullAug 2, 2007Sentiments were seen bearish in the PP market of Nanjing City in Jiangsu province of eastern China on Wednesday. Many distribut... No.3 PTA plant restarted by Zhejiang Hualian Sunshine PetrochemicalAug 2, 2007While conversing with an industry source based in China this morning, a polymerupdate team member was told that the No.3 PTA pl... |