<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On May-2-2007

Polymer News On May-2-2007

Fire breaks out at Dow plant, nobody hurt

May 2, 2007

An industrial source based in the USA earlier today reported that a fire had broken out at the Stratton Ridge light hydrocarbon...


Indian prices of PS revised with effect from May 1st

May 2, 2007

A short while ago a local source informed a polymerupdate team member that Indian producers of PS had announced revisions in th...


Asian HDPE maker offers film grade product at USD 1330/mt

May 2, 2007

Even as China went on a week long holiday on Tuesday and activity in Asia as a result slowed, resin producers in the region did...


Petrochemical projects in Map Ta Phut get go ahead from Thai investment body

May 2, 2007

While in conversation with an industry source based in Thailand, a polymerupdate team member reported that the Board of Investm...


Asian PS producer hikes prices

May 2, 2007

Even though China was on their labour week holidays and regional activity across product sectors in general was sluggish this w...


Arkema sells to Taminco its Specialty Amines business in North America

May 2, 2007

At the end of 2005, Arkema began restructuring its Riverview operations in the US with the closure of sulfonyls and commodity a...


Lead taken by BP in bid for Pakistan State Oil bidding

May 2, 2007

While in conversation with an industry source in Pakistan, a polymerupdate team member reported that the bid for acquiring a 51...


Aromatics trader seeks direction from energy for his next purchase plan

May 2, 2007

While in conversation with an aromatics trader this morning a polymerupdate team member was briefly told, " with May day holida...


Occidental Announces Asset Exchange with BP

May 2, 2007

Occidental (Oxy) will receive BP~s oil and gas interest in the Seminole San Andres Unit, Sheep Mountain and numerous interests ...


Profits hit by 40 percent due to PTT Chemicals plant shutdowns

May 2, 2007

An industrial source based in Thailand reported that plant shutdowns had forced PTT Chemical’s profits in the first quarter to ...


Huntsman releases 2007 First Quarter results

May 2, 2007

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Celanese Corporation reports strong First Quarter results; raises outlook for full year

May 2, 2007

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Jacobs to expand polymer plant for Borealis in Sweden

May 2, 2007

Jacobs Engineering Group Inc. announced that they received a contract from Borealis to provide detailed engineering to expand a...


PolyOne announces price increase for Vinyl Compound products

May 2, 2007

PolyOne Corporation has announced that it will increase the price of all its vinyl compound products by US$0.02 per pound effec...


Hong Kong based trader remains bullish in his outlook

May 2, 2007

While in conversation with a Hong Kong based trader who was celebrating his golden week holidays, a polymerupdate team member t...


LME Plastics Prices (LLDPE & PP) - 1st May 2007

May 2, 2007

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Forward naphtha market prices pegged lower on Wednesday

May 2, 2007

Asian open spec naphtha prices ended Monday firm with bids for the 1st half of June assessed up at the USD 700/mt CFR Far East ...


Crude prices on Tuesday fall

May 2, 2007

Despite news of fresh kidnappings of oil workers in OPEC member country Nigeria, crude prices ended the day on Tuesday sharply ...


Buying activity turns quiet in Asian SM markets

May 2, 2007

Styrene Monomer (SM) prices on Monday ended the day in Asia flat, unchanged from Friday’s levels. Trading was seen quiet ahead ...


Iran to invest USD 12.3 billion to develop 27 petrochemical projects

May 2, 2007

According to a report on Tuesday from Iran’s Oil Ministry News Agency - Shana, National Petrochemical Co (NPC) Managing Directo...


Bids for PX in Asia slip this morning

May 2, 2007

Even though fundamentals supporting paraxylene (PX) prices in Asia continued to remain very bullish, labour day holidays across...


Statement Issued by Chevron on employee kidnappings in Nigeria

May 2, 2007

A Chevron Nigeria Limited oil vessel was boarded by militants offshore Nigeria~s Bayelsa state early on Tuesday, May 1st 2007. ...


Benzene bid prices in Asia decline

May 2, 2007

Asian benzene prices on Monday ended steady, mostly unchanged from Friday’s firm levels. General sentiments were quiet ahead of...


Shell launches butadiene extraction unit project in Singapore

May 2, 2007

Shell Eastern Petroleum (Pte) Ltd on Tuesday, May 1st announced that it had taken a final investment decision to proceed with t...


BP Appoints Tony Hayward as Chief Executive as Lord Browne Steps Down

May 2, 2007

Following a decision taken on Tuesday May 1st by Lord Browne to step down as the company~s chief executive officer, the board o...


Dow Announces Price Increases for MDI in Europe, Middle East/Africa, and Indian Subcontinent

May 2, 2007

Effective May 1st, 2007, The Dow Chemical Company has increased prices in Europe for Methylene Diphenyl Diisocyanates (MDI) by ...