<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On Aug-29-2007

Polymer News On Aug-29-2007

Far East trader comments on planned outages at select regional facilities

Aug 29, 2007

When contacted by a polymerupdate team member this afternoon, a trader based in the Far East and active in dealing in products ...


Overseas price offers to India for PP, PE and PVC unchanged from yesterday

Aug 29, 2007

While conversing with a polymerupdate team member a short while ago, a local market source was asked to highlight the offer rat...


Buying remains muted in Delhi~s open markets

Aug 29, 2007

A Delhi based trader while conversing with a polymerupdate team member this afternoon said, " Delhi markets have retained a sub...


Local market source presents a brief overview on open market prices of PP, PE and PVC

Aug 29, 2007

While in conversation with a polymerupdate team member this afternoon, a local market source presented a brief on the current o...


CNOOC Ltd. LH 11-1 oilfield restarted production in full scale

Aug 29, 2007

CNOOC Limited announced today that its independent oilfield "LiuHua" (LH) 11-1 in the Eastern South China Sea has successfully ...


Stake to be taken in Senegal refinery by Iran~s National oil company

Aug 29, 2007

While in conversation with an industry source based in Iran, a polymerupdate team member reported that a stake is to be purchas...


CNOOC Limited achieved satisfactory interim results with exciting exploration success and restart of Liuhua

Aug 29, 2007

CNOOC Limited announced today its production increased steadily in the first half of 2007. The oil and gas production reached 8...


Talks in progress between Shell and Dow for USD 2.1 billion Iraq chemical plant

Aug 29, 2007

While conversing with an industry source based in the Gulf, a polymerupdate team member reported that a dialogue has been initi...


Wilhelmshaven refinery to be restarted by ConocoPhillips this week

Aug 29, 2007

While conversing with an industry source based in Europe, a polymerupdate team member reported that the 275,000 barrel per day ...


Saudi Aramco reconstitutes board of directors with induction of 4 new members

Aug 29, 2007

An industry source based in Saudi Arabia confirmed in conversation with a polymerupdate team member that Saudi Aramco’s Board o...


Limited stocks help Far East based LDPE maker to easily achieve sales targets

Aug 29, 2007

An individual working for an LDPE producer based in the Far East spoke with a polymerupdate team member a short while ago and s...


Refinery deal worth USD 1.8 billion to be signed by a South Korean construction company

Aug 29, 2007

While conversing with an industry source based in South Korea, a polymerupdate team member reported that a South Korean company...


Petrobras to proceed with construction of refinery even if PDVSA quits project

Aug 29, 2007

While in conversation with an industry source based in South America last evening, a polymerupdate team member reported that Br...


20 percent stake in Azeri INAM to be purchased by KNOC of Korea

Aug 29, 2007

While in conversation with an industry source based in the Central Asian republic, a polymerupdate team member reported that a ...


Imperial Oil Limited declares third quarter dividend

Aug 29, 2007

Imperial Oil Limited declared a quarterly dividend of 9 cents per share on the outstanding common shares of the company, payabl...


Dow Europe hikes PE prices

Aug 29, 2007

While in conversation last evening with a source in Europe a polymerupdate team member was told, " effective 1st September 2007...


LME Plastics Prices - 28th August 2007

Aug 29, 2007

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Formosa may now restart ethylene unit only by September 20th

Aug 29, 2007

A short while ago a polymerupdate source in Taiwan informed a team member that Formosa Petrochemical Corp. (FPC), Taiwan~s only...


PLASTICOS ~09- Now at Costa Salguero

Aug 29, 2007

BANPAKU S.A., has announced that PLASTICOS ~09, III International Exhibition of the Plastics Industry will take place from June...


Crude prices on Tuesday fall

Aug 29, 2007

Crude prices on Tuesday declined, falling in line with a slump in global stock markets. Concerns resurfaced regarding a slower ...


Hong Kong based trader seen bearish in his outlook

Aug 29, 2007

A short while ago a polymerupdate team member spoke with a Hong Kong based trader and asked him where he believed polymer price...


Forward naphtha market prices on Wednesday slip

Aug 29, 2007

Asian open spec naphtha prices on Tuesday were assessed firm with bids for the 1st half of October at the USD 669/mt CFR Far Ea...


Price hikes in Caustic Soda justified

Aug 29, 2007

Caustic Soda availability in the U.S. was seen tight while demand across the region remained robust. Together these reasons wer...


NBA pegged stable in China although supplies begin to tighten

Aug 29, 2007

The dealing prices for domestic NBA product were stable at RMB 13500-13600/mt in eastern China. Currently, the notional offers ...


SM prices in China bolster higher

Aug 29, 2007

A polymerupdate source in China reported that the 120 kt/annum SM plant of BASF-YPC Co., Ltd. had been shut down for a planned ...


Western Polymer announces a general price increase

Aug 29, 2007

Western Polymer has announced a general 10% to 15% price increase for its cationic wet-end and specialty starches. This increas...


MEG avails from Indonesian producer PT Polychem in short supply

Aug 29, 2007

Production cuts at Indonesia~s PT Polychem has prompted the maker to delay MEG supplies to two of it’s term contract buyers acc...


Eastman increases prices of Ethyl Acetate

Aug 29, 2007

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China~s Xylene markets continue to remain weak

Aug 29, 2007

The mainstream dealing prices for xylene were pegged at RMB 8500-8700/mt in northern China on Tuesday morning, RMB 100/mt down ...


Dull buying sentiments drag PP prices in China down

Aug 29, 2007

The market prices for PP yarn grade in Chengdu City of Sichuan province edged down by RMB 50/mt, affected partly by the ex-ware...


DOP market of eastern China remains bearish

Aug 29, 2007

The DOP market of Zhejiang province in eastern China remained bearish through the day on Tuesday. Local producers effected sale...


PS sellers in China reduce offer prices

Aug 29, 2007

The overall sentiments in the PS markets of Yuyao City in Zhejiang province of eastern China continued sluggish on Tuesday. Tra...


Basell announces sponsorship of Nobelprize.org new plastic polymers game

Aug 29, 2007

Basell, the global leader in polyolefins technology, production and marketing, is the sponsor of Nobel Web’s new educational “H...


Ineos Enterprises Concludes Agreement with Gaz De France to Develop Stublach Gas Storage Facility

Aug 29, 2007

INEOS Enterprises on Tuesday announced that it had signed an agreement with Gaz de France for the commercial development of the...