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Polymer News On Aug-31-2007Plant Updates - 31st August, 2007Aug 31, 2007... PTA prices tumble on slack buying action across AsiaAug 31, 2007Prices of PTA this week were hammered lower. Prices fell as demand dried up further in the region on the back of weak buying in... Yokogawa Receives Package Order to Supply Control SystemsAug 31, 2007Yokogawa Electric Corporation of Japan has announced that its Yokogawa System Center Europe and Yokogawa Engineering Asia subsi... Limited regional avails help push higher Asian VCM pricesAug 31, 2007VCM prices quoted firm in Asia this week, inching higher in the Far East on the back of limited regional supplies arising from ... Yokogawa (Thailand) Receives Control System ContractAug 31, 2007Japan~s Yokogawa Electric Corporation has announced that Yokogawa (Thailand) Ltd., a subsidiary in Thailand, has received a con... OAO LUKOIL Board of Directors sums up the results of company performance in the six months of 2007Aug 31, 2007The Board of Directors of OAO LUKOIL held its meeting in Moscow to sum up preliminary results of the LUKOIL Group performance i... IOC issues tender for purchase of West African grades for November loadingAug 31, 2007A domestic industry source in conversation with a polymerupdate team member this afternoon said that a regular crude tender had... Asian prices of ACN edge higherAug 31, 2007Prices of acrylonitrile (ACN) firmed up further this week, once again on the back of constrained availability on the one hand c... New oil reserve discovered by Pertamina of IndonesiaAug 31, 2007While conversing with an industry source based in Indonesia, a polymerupdate team member reported that according to Indonesian ... LANXESS builds new ion exchange facility in IndiaAug 31, 2007The LANXESS chemicals group is to build its new ion exchange resin plant in the Indian state of Gujarat. Construction work on t... PA demand in Asia faltersAug 31, 2007Demand for phthalic anhydride (PA) faltered across some parts of Asia this week with buying sentiments seen dull on the back of... DOP sellers in Asia lower their offer pricesAug 31, 2007Asian buying in DOP remained dull through this week. Sellers relented to the growing sluggish mood in the region, reducing thei... Mazeikiu Nafta prepares for general repairAug 31, 2007Aiming to ensure the continuous and secure performance of the AB Mazeikiu Nafta refinery, the Lithuanian company will soon comm... Wacker Polymers announces price increase for food-grade Polyvinyl AcetateAug 31, 2007WACKER POLYMERS will globally increase the prices of food-grade polyvinyl acetate by an average 20 percent. The price increase ... USD 750 million to be raised by Essar Oil for capacity expansion of refineryAug 31, 2007While in conversation with a domestic industry source, a polymerupdate team member reported that nearly USD 750 million will be... Asian prices of 2EH down adjustAug 31, 2007Sluggish buying interest in downstream DOP this week dragged lower prices of 2EH feedstock in Asia. Sellers conceded to the we... Buyer seller divide in N Butanol widens in AsiaAug 31, 2007Asian prices of N Butanol quoted flat through this week although the buyer and seller ideal price divide widened. While sellers... Petrobras signs a Memorandum of Understanding with India~s Bharat PetroleumAug 31, 2007Petrobras, via its Downstream Area, signed a Memorandum of Understanding (MOU) with India~s state-owned Bharat Petroleum on Thu... Foster Wheeler Awarded Contract by CEPSA for Fired Heaters in Spanish RefineryAug 31, 2007Foster Wheeler Ltd. on Thursday announced that its Spanish subsidiary, Foster Wheeler Iberia, S.A.U., part of its Global Engine... Crude prices edge down on ThursdayAug 31, 2007... 10 percent participating stake in ONGC~s KG Basin block purchased by Norsk HydroAug 31, 2007A domestic industry source while in conversation with a polymerupdate team member a short while ago said that a 10 percent part... Titan Chemicals Corp. Bhd. reports 250% surge in core net profit to RM236 million in 1H2007Aug 31, 2007... Construction of mega methanol project commenced by Zekai Group in Inner MongoliaAug 31, 2007While conversing with an industry source based in China, a polymerupdate team member reported that construction on its coal bas... ONGC tenders to sell Naphtha export cargo on FOB basis ex- JNPTAug 31, 2007A local market source informed a polymerupdate team member that Oil and Natural Gas Corporation Ltd (ONGC) had yesterday issued... LME Plastics Prices - 30th August 2007Aug 31, 2007... Indian Oil Corp completes sale of term naphtha from Kandla and DahejAug 31, 2007While conversing with a local naphtha trader last evening, a polymerupdate team member was told that state-run Indian Oil Corp.... Chinese domestic MMA markets witness lackluster trade on ThursdayAug 31, 2007The MMA market of Fujian province on Thursday witnessed lackluster trade. The mainstream market offers for MMA were given at RM... Dow Chemical Canada Caustic Soda Price IncreaseAug 31, 2007Effective immediately, or as contract terms allow, Dow Chemical Canada (“Dow”) is increasing its off-list prices in Canada for ... ThyssenKrupp Services acquires Stokvis Plastics for undisclosed sumAug 31, 2007A polymerupdate source in Germany last evening reported that ThyssenKrupp Services AG has acquired through its Düsseldorf-based... DOP buying sentiments in China go mixedAug 31, 2007The DOP market of Jiangsu province in eastern China saw prices quote firm this week on account of low inventories. In Shandong ... Phenol buyers in China unsure about where local prices are headedAug 31, 2007A polymerupdate source in China this morning reported that the mainstream dealing prices for phenol were pegged at around RMB15... Buying sentiments in China~s toluene markets improveAug 31, 2007The mainstream market offers for toluene were at between RMB 7150-7200/mt (Zhangjiagang, ex-tank) in Jiangsu province of easter... PP markets of China appear dullAug 31, 2007The PP markets of China appeared dull through the day on Thursday. Buying sentiments were weak with transactions reported to be... CATS Pipeline System Repair CompletedAug 31, 2007Divers have now successfully installed a metal sleeve to the BP operated Central Area Transmission System (CATS) pipeline at th... BASF-YPC Co., Ltd. trims operation rates at PS plantAug 31, 2007Recently, the SM plant of BASF-YPC Co., Ltd. was shut down for routine turnaround work. The outage affected feedstock supply to... Venezuela wants Exxon, ConocoPhillips to exit from countryAug 31, 2007Conversing with an industry source based in South America this morning, a polymerupdate team member reported that the Venezuela... PE plant contract worth USD 139 million awarded to Daewoo Engineering of South KoreaAug 31, 2007While conversing with an industry source based in South Korea this morning, a polymerupdate team member reported that a contrac... |