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Polymer News On May-29-2007Expansion plans contemplated by Indorama in North America and EuropeMay 29, 2007While conversing with a industry source in Thailand, a polymerupdate team member reported that an investment of USD 250 million... Construction on 600,000 tonne/annum Methanol project commenced by DCMGMay 29, 2007While in conversation with an industry source in China, a polymerupdate team member reported that the Datong Coal Mine Group (D... 65 million euro ethylene plant to be constructed by Russia & PortugalMay 29, 2007An industry source based in Russia reported that construction of an ethylene plant is being planned by Moscow and Lisbon in Sou... IndianOil performance 2006-07May 29, 2007... Petrochemical plant to be constructed by Turkish company in IranMay 29, 2007While in conversation with an industry source based in Iran, a polymerupdate team member reported that construction of Iran’s l... North American Weekly Update (Part II)May 29, 2007... North American Weekly Update (Part I)May 29, 2007The spot resin markets were busy and volatile this week; we saw the heaviest flow of offers (as much as 37 Million lbs on the s... Ethylene prices pegged firm in AsiaMay 29, 2007While in conversation with a trader this morning a polymerupdate team member was told, “ sellers of ethylene in Asia are mainta... PTA prices could test the USD 1000/mt CFR levels soonMay 29, 2007With June PX contract price nominations in Asia heard at the USD 1300/mt CFR, a whopping USD 125/mt up from May settlements, th... Polymerupdate~s Market BuzzMay 29, 2007... Exports of fuel oil and naphtha to be curtailed by HPCL in 2007-08May 29, 2007A domestic industry source reported that increasing domestic demand had prompted Hindustan Petroleum Corporation Ltd (HPCL) to ... MEG prices in Asia pegged firmMay 29, 2007MEG prices in Asia which ended last week firm, recording gains of over USD 10/mt on the week, continued to quote strong at the ... SM plant in Japan suffers mechanical hitchMay 29, 2007As news of plant trouble at a Japanese SM unit hit the markets on Monday, the buying mood turned further robust in the region, ... NBA prices in China quote steadyMay 29, 2007The N butanol (NBA) market of eastern China took on a stable tone yesterday with the mainstream dealing prices pegged at RMB 14... Amines plant contract signed between Saudi Kayan and South Korea~s Samsung EngineeringMay 29, 2007While in conversation with an industry source based in Saudi Arabia, a polymerupdate team member reported that a contract had b... PET demand in China show signs of fatigueMay 29, 2007The bottle grade PET chip market of China recently underwent price corrections amid bearish sentiments last week. Prices declin... PA prices slip in ChinaMay 29, 2007The DOP market of Guangzhou City in Guangdong province of southern China was bearish at the start of the week. Local traders pe... Prime Minister of Singapore receives His Highness Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABICMay 29, 2007H.E. the Prime Minister of Singapore Prime Minister Lee Hsien Loong received on Monday His Highness Prince Saud bin Abdullah bi... PP yarn prices in China gallop higherMay 29, 2007... New Formosa cracker operating at a capacity of nearly 60 percentMay 29, 2007An industry source based in Taiwan reported that the new 1.2 million tonne per year (tpy) cracker is being operated by Formosa ... Change in Mittal investment route prompts HPCL to seek legal opinionMay 29, 2007A domestic industry source quoting a leading national daily told a polymerupdate team member that legal opinion is being sought... |