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Polymer News On Mar-19-2007IPCL employees to protest transfer to RelianceMar 19, 2007A local market source informed the polymerudpate team this afternoon that employees of Indian Petrochemicals Corporation Ltd (I... Cumene Capacity Expansion Strengthens Petrochemical OperationsMar 19, 2007A polymerupdate source in Japan this afternoon said that Tosoh Corporation recently announced a JPY 3 billion investment that w... MEG rates in Asia revise lower as buying stallsMar 19, 2007Last week in Asia purchase activity in the MEG markets was seen slowing. Sellers confirmed that buyers refused to transact at t... PS contract prices in Europe inch higherMar 19, 2007European contract prices of PS edged up last week with regional sellers confirming having achieved a total hike this month of p... RIL heard to be in joint venture talks with Nova chemicalsMar 19, 2007Earlier today a domestic industry source said to a polymerupdate team member, “as part of its plans to become a global player i... Japan Energy nominates PX contract price for April at USD 1080/mt CFRMar 19, 2007A short while ago a polymerupdate team member spoke with an Asian PX trader and asked him where prices were pegged this morning... Construction contracts for an Acetyls Complex granted by SipchemMar 19, 2007While in conversation with a polymerupdate team member on Sunday, a source based in Saudi Arabia said, “ Nasser S. Al-Hajri Cor... U.S. refinery damaged in fire to commence operations by May 1stMar 19, 2007While in a weekend conversation with a polymerupdate team member, a source based in the USA said, “ initial start up of product... Butadiene rates slide in AsiaMar 19, 2007Asian butadiene prices fell sharply last week, pressured down on the back of a steady build up in availability across the regi... Propylene prices in Asia record steep gainsMar 19, 2007Despite weakness in prices of downstream PP, propylene feedstock rates last week climbed higher in Asia, rising USD 30/mt from ... North American Weekly UpdateMar 19, 2007Spot supplies of commodity grade resins increased substantially this past week. We have only averaged 14-19 million lbs of week... Market pulse in European PP strong ahead of turnaround seasonMar 19, 2007Even though contract prices of PP ended last week flat in Europe, the mood in the markets was considered bullish with most part... European PET makers determined to hike April contract pricesMar 19, 2007The PET markets last week in Europe did not see any remarkable activity. A few producers when contacted by a local polymerupdat... Market trend in ABS seen bullish in EuropeMar 19, 2007As demand for ABS in Europe lifted last week, sellers proceeded to marginally hike their offer prices. Sources confirmed that c... Selling pressure builds as availability of benzene in China improvesMar 19, 2007A polymerupdate source in China this morning reported that market supplies of benzene were seen increasing in recent days. Turn... Chevron Announces Inauguration of the World-Class Bibiyana Gas FieldMar 19, 2007Chevron Corporation on Sunday announced the inauguration of the Bibiyana natural gas field, which is located onshore in Block 1... Ethylene prices in Asia witness a steep fallMar 19, 2007Ethylene prices ended last week in Asia sharply lower. The mood was seen sluggish with buyers keeping safe distances from the m... PA prices in China quote steadyMar 19, 2007Supply of PA in the markets of Fujian province were described by a local polymerupdate source as ‘sufficient’ at the start of t... Transaction volumes thin in select PVC markets of ChinaMar 19, 2007Transactions were thin in the PVC market of Fujian province over the weekend. PVC prices fluctuated within a narrow range in Fu... PE markets of China show some signs of improvementMar 19, 2007Buying in the PE market of Tianjin Port in China improved a little over the weekend. After days of continuous price declines, d... ABS prices in China down adjust as buying slowsMar 19, 2007According to a polymerupdate source in China, the domestic ABS markets ended last week bearish with some suppliers seen down ad... |