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Polymer News On Feb-1-2007Investment of USD 23 million to be made in India R&D centre by DuPontFeb 1, 2007Talking to a polymerupdate team member a source said, “more than Rs. 1 billion (USD 23 million) is to be invested by chemical m... Exxon Mobil, Sinopec to build major chemical plant in ChinaFeb 1, 2007While in conversation with a polymerupdate team member, a source based in China said, “Approval for a 490 million dollar petroc... MRPL tenders to sell Naphtha export cargo on FOB basis ex-New MangaloreFeb 1, 2007A local market source informed a polymerupdate team member that Mangalore Refinery and Petrochemicals Ltd (MRPL) had last week ... Shell - Fourth Quarter & Full Year 2006 ResultsFeb 1, 2007... Fire incident in the pipeline at Vadinar Oil terminal - Essar Oil refinery functioning normallyFeb 1, 2007There was a fire incident in the PIG launching station of Vadinar Oil Terminal, situated away from the refinery. The fire was p... Plant Updates - 1st February, 2007Feb 1, 2007... Indian PS producers leave February prices unchangedFeb 1, 2007A short while ago an individual working for a PS producer in India spoke with a polymerupdate team member and while requesting ... Purchase of Orica Limited’s Adhesives & Resins Business completed by Hexion Speciality ChemicalsFeb 1, 2007Conversing with a polymerupdate team member earlier this morning, a source based in the U.S.A said, “the purchase of Orica Limi... LLDPE seller says that prices hereon are poised to race higherFeb 1, 2007LLDPE prices this week were seen dragged lower across parts of Asia with deals into China heard concluded at levels below the U... Fujian Petrochem gets government nod to proceed with aromatics projectFeb 1, 2007While in conversation with a source in China this morning a polymerupdate team member was briefly told, “ Fujian Petrochemical,... NOVA Chemicals Corporation Q4 2006 ResultsFeb 1, 2007... Global crude gains on WednesdayFeb 1, 2007Crude prices on Wednesday raced higher, rising on the back of OPEC’s 500,000 barrel per day production cut due to come into eff... GAIL - Sales and Profits increase despite higher subsidyFeb 1, 2007GAIL (India) Limited registered a turnover (net of Excise Duty) of Rs. 4378 crore in the third quarter of FY 2006-07, a 12 per ... LME Plastics Prices (LLDPE & PP) - 31st January 2007Feb 1, 2007... Carbide based PVC prices continue to slip in some parts of ChinaFeb 1, 2007According to a local polymerupdate source in China, offers for some carbide-based PVC resources from Xinjiang Uygur Autonomous ... LDPE prices in Asia test bottomFeb 1, 2007While in conversation this morning with an Asian seller of LDPE a polymerupdate team member was told, “ traders seeking to liqu... HDPE prices begin to firm up in AsiaFeb 1, 2007A steady rise in prices of crude this week accompanied by firm naphtha rates and bullish ethylene feedstock numbers helped buyi... Momentum in China~s PTA markets remain dullFeb 1, 2007The domestic PTA markets of eastern China were reported by a polymerupdate source to be lackluster through the day yesterday. T... China witnesses an all round rate hike in benzeneFeb 1, 2007A polymerupdate source in China today reported that Sinopec’s Shanghai sales branch up revised benzene prices by RMB 200/mt to ... BP Egypt Announces Gas Discovery in the Offshore West Nile DeltaFeb 1, 2007BP Egypt on Wednesday announced that it had drilled a successful well, Giza North-1, in the North Alexandria concession held by... Chinese traders seeking liquidity drop their 2-EH pricesFeb 1, 2007The market prices for 2-EH declined slightly in Jiangsu province of eastern China on Wednesday. In Changzhou City a 2-EH trader... PX shortage prompts Taiwan~s FCFC to plan PTA plant shutdownsFeb 1, 2007Taiwan~s Formosa Chemical and Fibre Corp’s (FCFC)PX/OX plant which suffered a shutdown on December 7th last year, continues to ... PP offers edge up in parts of ChinaFeb 1, 2007Surging prices of crude, accompanied by firming naphtha rates in Asia prompted sellers of PP in Hangzhou City of Zhejiang provi... PS prices in China down adjustFeb 1, 2007A polymerupdate source in China this morning reported that sluggish demand coupled with sufficient domestic supplies weighed do... |