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Polymer News On Nov-19-2007Oil exploration work launched by ONGC in BiharNov 19, 2007A domestic industry source informed a polymerupdate team member that an oil survey project was launched by the Oil and Natural ... ConocoPhillips withdraws sale of Whitegate refineryNov 19, 2007While in conversation with an industry source based in Europe, a polymerupdate team member reported that US refiner ConocoPhill... Bayer MaterialScience to acquire the polyurethanes systems business of Dr. Delis AGNov 19, 2007Bayer MaterialScience plans to acquire the polyurethanes business of Dr. D. A. Delis AG in Athens, Greece. Both parties have no... PET bottle grade prices in Asia up adjustNov 19, 2007Steep gains in prices of MEG feedstock coupled with a recovery in prices of PTA, last week prompted Asian producers of bottle g... Nippon Oil cracker restartsNov 19, 2007A polymerupdate source in Japan informed the team this afternoon that Nippon Oil had restarted feeding its naphtha cracker loca... North American Weekly Update (Part II)Nov 19, 2007... North American Weekly Update (Part I)Nov 19, 2007... PP contracts in Europe down adjust but trend may brighten going forwardNov 19, 2007In Europe last week contract prices of PP declined by Euro 10/mt. PP injection grade prices were assessed down at the Euro 1260... INVISTA Signs Land Reservation Agreement for Nylon 6,6 Intermediates and Polymer Plant in ChinaNov 19, 2007INVISTA Intermediates announced last week that it had signed a Land Reservation Agreement with the Shanghai Chemical Industry P... PVC purchase activity slows in EuropeNov 19, 2007Demand for PVC in Europe continued to soften last week. Suspension grade contract prices were pegged flat for the week at the E... Oil production to be increased by OmanNov 19, 2007While in conversation with an industry source based in the Gulf, a polymerupdate team member was told that international oil co... Asian prices of methanol quote firm as avails continue to remain constrainedNov 19, 2007The pulse in Asia’s methanol markets continued to remain very bullish all through last week with prices in the region ending hi... ABS prices end higher in Europe last weekNov 19, 2007ABS contract prices edged up in Europe last week. General purpose and natural grade ABS prices were assessed up at the Euro 168... European buyers wish to see further reductions in PS contract prices for NovemberNov 19, 2007Even though contract prices of PS ended last week in Europe flat, unchanged from the week before at Euro 1335/mt FD North West ... Petrobras’ COMPERJ Complex to use ParamaX and other Axens Technologies"Nov 19, 2007Petrobras has awarded Axens process licenses for its new, world scale Rio de Janeiro Petrochemical Complex (COMPERJ) located in... Casualties reported from blaze at Haradh-Uthmaniyah gas pipeline of Saudi AramcoNov 19, 2007An industry source based in Saudi Arabia informed the polymerupdate team that a fire broke out on the Haradh-Uthmaniyah gas pip... Siam Cement contemplates construction of a petrochemical complex worth USD 3.7 billion in VietnamNov 19, 2007While in conversation with an industry source based in South East Asia, a polymerupdate team member was told that plans are in ... Rayong Olefins begins construction of 2nd aromatics unitNov 19, 2007A polymerupdate source in South East Asia a short while ago reported that Thailand’s Rayong Olefins Co has started construction... Work on toluene unit commenced by Total at Texas refineryNov 19, 2007While in conversation with an industry source based in the USA over the weekend, a polymerupdate team member was informed that ... LLDPE prices in Europe declineNov 19, 2007LLDPE contract prices in Europe dropped last week, down to the Euro 1205/mt FD North West Europe levels. Demand in the region f... Idemitsu proposes December PX contract price for AsiaNov 19, 2007A polymerupdate source in Japan this morning informed the team that a local producer had proposed a contract price for December... Indonesia~s Pertamina to shut aromatics unit for repairsNov 19, 2007A polymerupdate source in Indonesia this morning informed the team that state owned petrochemical producer Pertamina was planni... Contract prices for LDPE down adjust in EuropeNov 19, 2007November contract prices for general purpose LDPE grades in Europe were assessed lower last week at the Euro 1290/mt FD North W... Asian naphtha prices climb on MondayNov 19, 2007Asian open spec naphtha bid prices on Friday last week for the 1st half of January were assessed at the USD 826/mt CFR Far East... Buying interest in toluene turns sluggish in ChinaNov 19, 2007The mainstream dealing prices for toluene were at RMB 8000-8200/mt in northern China last Friday. In Beijing City, the mainstre... Market outlook for propylene remains very positive in AsiaNov 19, 2007Asia’s PP markets last week ended firmly entrenched in bullish territory. With the buying appetite for PP showing no signs of d... MEG prices in Asia finish last week higherNov 19, 2007Asian MEG prices galloped higher last week, rising on the back of a spurt in inquiries from China. The buying mood was bullish ... Phenol producers in China target higher offersNov 19, 2007A polymerupdate source in China this morning reported that traders in the phenol market of eastern China issued offers at RMB 1... Ethylene ends last week in Asia firmNov 19, 2007Ethylene firmed last week in Asia, boosted higher by a sudden and unexpected buying boost in the region’s largest market of Chi... DOP inventories run low in some parts of ChinaNov 19, 2007The mainstream offers for DOP in Jiangsu province of eastern China were pegged this morning at RMB 14350-14450/mt. Inventories ... Butadiene price offers to South Korea race up to the USD 1350/mt CFR levelsNov 19, 2007Asian butadiene prices raced higher last week, rising on the back of a sudden burst of demand from Korea. A shortage in local a... PVC avails limited in the markets of Hangzhou City in eastern ChinaNov 19, 2007PVC resources at the hands of traders based in Hangzhou City of eastern China’s Zhejiang province were limited for the moment b... Market mood in Pakistan improves rapidly. Domestic prices of PP and PE quote firm.Nov 19, 2007On Sunday, a polymerupdate source in Pakistan reported that the domestic buying mood was seen steadily improving. Offer prices ... Subdued buying seen in China~s ABS marketsNov 19, 2007The domestic ABS market of eastern China kept stable through last week. However, subdued buying interest in the local markets ... Operations return to normal at L.A refinery of Conoco after snagNov 19, 2007While in conversation with an industry source based in the USA over the weekend, a polymerupdate team member was told that norm... S-Oil to embark on expansion worth USD 1.5 billionNov 19, 2007While in conversation with an industry source based in South Korea, a polymerupdate team member reported that a scaled back exp... |