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Polymer News On Feb-2-2007PS prices slide in Asia as demand falters in the regionFeb 2, 2007Even though Asian actual user inventories of PS were deemed low by market participants this week, regional buying interest rema... Largest Methanol Plant in the world to become operational in IranFeb 2, 2007Speaking with a polymerupdate team member earlier today a source based in Iran said, “the world’s largest methanol plant, the f... VCM rates in Asia firm up USD 20/mtFeb 2, 2007Even though PVC prices across Asia were pegged mostly stable through this week, prices of upstream VCM recorded gains, rising i... Sumitomo Chemical Reports Consolidated Financial Results For the Nine Months Ended December 31, 2006Feb 2, 2007Sumitomo Chemical Company, Limited announced that its consolidated net sales for the nine months ended December 31, 2006 totale... ABS sellers hike their offers as the buying mood improvesFeb 2, 2007Sellers of ABS confirmed a lift in buying activity across parts of Asia this week. Gains in energy coupled with firmer ACN and ... Royal Dutch Shell strategy update: Refocusing the portfolio for long-term growthFeb 2, 2007As part of his annual strategy update, Chief Executive Jeroen van der Veer said "We have made solid progress with our strategy ... New 50:50 JV floated by GAIL and China Gas HoldingsFeb 2, 2007While in conversation with a polymerupdate team member this afternoon a local source said, “a decision has been taken by State-... ACN prices inch up in Asia as demand for spot cargoes turns robustFeb 2, 2007Chinese demand for ACN was seen robust this week as producers of acrylic fiber were scouting for spot cargoes. Even ABS prices ... Exxon Mobil Corporation Announces Estimated Record 2006 ResultsFeb 2, 2007... Dr. U D Choubey takes over as GAIL Chairman & Managing DirectorFeb 2, 2007On February 1st, 2007, Dr. U D Choubey has taken charge as the new Chairman and Managing Director of GAIL. Prior to becoming th... Celanese Corporation Completes Acquisition of Acetate Products LimitedFeb 2, 2007While conversing with a polymerupdate team member last evening a U.S. based source said, “the acquisition of the cellulose acet... LME Plastics Prices (LLDPE & PP) - 1st February 2007Feb 2, 2007... PA prices nose dive in ChinaFeb 2, 2007Phthalic anhydride (PA) prices in China were dragged sharply lower this week as purchase interest steadily deteriorated. Seller... DOP offers in Asia slump as demand in the region quickly thinsFeb 2, 2007DOP prices in Asia this week were seen dragged lower. Buyers abandoned purchases in large numbers thereby weighing down heavily... 2 EH prices in Asia edge up although strength in values may end up being tentativeFeb 2, 2007Across Asia this week prices of 2EH rallied. Gains were seen in tandem with strength in global energy values and came despite s... N butanol prices gain in AsiaFeb 2, 2007N butanol prices gained this week, rising on the back of a surge in regional prices of 2EH. Producers of N butanol hiked their ... INEOS ChlorVinyls submits its Application for New Combined Heat and Power Facility in Runcorn, CheshireFeb 2, 2007INEOS ChlorVinyls has submitted its application to the Department for Trade and Industry for a proposed new Combined Heat and P... In China~s Fujian province PE prices edge upFeb 2, 2007While reports indicated that PE buying in some parts of China remained dull ahead of the approaching Lunar New Year holidays, i... Methanol markets in China in a deadlockFeb 2, 2007Earlier today a polymerupdate source in China reported that the ex-work prices of methanol posted by producers in Shanxi provin... PE markets of Shantou City in Guangong province witness slack tradeFeb 2, 2007Despite a surge in global crude prices on Wednesday coupled with steep gains in naphtha rates, the PE market of Shantou City in... Basell’s Hostacom TKC782N TEO selected for energy management pillars of Chevy Tahoe, Yukon & SuburbaFeb 2, 2007Basell’s Hostacom TKC782N thermoplastic elastomeric olefin (TEO) is being used to produce new energy management pillars for Gen... Huntsman and NMG Announce Polyurethanes Joint Venture in Russia and Former Soviet StatesFeb 2, 2007Huntsman Corporation and NMG on Thursday announced the creation of a new, Russia-based joint venture, ZAO Huntsman – NMG, to ma... China~s Shanghai Chlor-Alkali hikes it~s PVC ratesFeb 2, 2007A local polymerupdate source in China this morning reported that Shanghai Chlor-Alkali Chemical Co., Ltd. (SCAC) bolstered up i... |