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Polymer News On Nov-30-2007RIL hikes PP, PE and PVC pricesNov 30, 2007A short while ago a local source informed the polymerupdate team that Indian petrochemical major Reliance Industries Ltd (RIL) ... EPC contract awarded by PetroVietnam to Hyundai Engineering led consortium for construction of PP plantNov 30, 2007While in conversation with an industry source based in South East Asia, a polymerupdate team member was informed that PetroViet... Aramco awards contract to Worley parsons for rendering services to its East Coast refinery projectNov 30, 2007While in conversation with an industry source based in Saudi Arabia, a polymerupdate team member was told that WorleyParsons ha... Dubai based trader opines on market trendsNov 30, 2007A trader in Dubai while on his weekly holiday today spoke with a polymerupdate team member and said, " sentiments are strong ac... ACN quotes stable as Asian sellers remain reluctant to drop their ratesNov 30, 2007While in conversation this afternoon with an acrylonitrile (ACN)trader a polymerupdate team member was told, “ prices are stabl... Indian price revisions expected in PP, PE and PVCNov 30, 2007A distributor of an Indian resin producer while in conversation with a polymerupdate team member this afternoon said on conditi... RIL to carry out investment to the tune of Rs.17,000 crores in oil and gasNov 30, 2007While in conversation with a domestic industry source, a polymerupdate team member was informed that over the next few years Re... South East Asian prices of PA climbNov 30, 2007Phthalic Anhydride (PA) prices firmed this week on the back of firmer upstream OX prices coupled with good demand across many p... BPCL Board gives go ahead for 2.5 percent share purchase of OIL from governmentNov 30, 2007A domestic industry source informed the polymerupdate team a short while ago that the Bombay Stock Exchange (BSE) had been info... Buyers concede to improved trend in DOP markets across AsiaNov 30, 2007DOP prices firmed in Asia this week. Outlook for December remained bullish as sellers were seen up adjusting their offer prices... Technip and Wieland to jointly market innovative enhanced heat transfer solutionsNov 30, 2007Technip and Wieland have announced that they have entered into an agreement to jointly market innovative enhanced heat transfer... Prices of 2EH climb in AsiaNov 30, 2007Asian availability of 2EH remained constrained this week helping sellers to up adjust their offers. Although volumes were not h... NBA prices in Asia firm this weekNov 30, 2007NBA prices in Asia this week firmed. Limited regional availability coupled with good demand helped sellers take their offers to... Faulty unit shut down by Formosa PetrochemicalNov 30, 2007While in conversation with an industry source based in North East Asia, a polymerupdate team member was told that a mechanical ... Rs. 5,000 crores to be invested by IOC in Haldia refineryNov 30, 2007A domestic industry source informed the polymerupdate team that Rs.5,000 crores will be invested by state oil major Indian Oil ... Oil prices rise marginally as fire strikes pipeline linking US and CanadaNov 30, 2007Crude prices edged marginally higher on Thursday, reversing the bear run witnessed on Tuesday and Wednesday which saw global pr... Indian government slashes custom duties on select intermediatesNov 30, 2007A domestic industry source informed a polymerupdate team member that the Indian government on Thursday announced a reduction in... Kraton Polymers LLC Announces Global Product Price IncreasesNov 30, 2007Throughout 2007, Kraton Polymers continued to experience unprecedented cost increases associated with energy, raw material, pac... ONGC Videsh Limited wins two exploration blocks in BrazilNov 30, 2007ONGC~s wholly-owned subsidiary ONGC Videsh Ltd. (OVL) has bagged two blocks in Brazil, viz. deepwater Block 470 in the highly p... LME Plastics Prices - 29th November, 2007Nov 30, 2007... Sisi-Nubi Gas Fields Come on Stream in IndonesiaNov 30, 2007Total announced that phase 1 of the Sisi-Nubi gas fields offshore East Kalimantan in Indonesia has come on stream. Lying roughl... Asian open spec naphtha prices drift lowerNov 30, 2007Tracking the weakness in global crude rates recorded a day earlier, Asian open spec naphtha prices ended the day on Thursday do... Bearish sentiments grip China~s SM marketsNov 30, 2007Affected by a series of unfavorable factors including subdued demand from downstream users in the north of China, softer prices... DOP transactions limited in China~s Guangdong provinceNov 30, 2007The offers given by DOP plants in the Pearl River Delta of Guangdong province in southern China were pegged high above RMB 1480... MMA markets in China mostly subduedNov 30, 2007The majority of traders based in the MMA market of Shanghai and Jiangsu province in eastern China kept their offers at the leve... A brief update on the methanol markets across ChinaNov 30, 2007The methanol market of northern China’s Hebei province has witnessed a steady trend through this week. Methanol producers in Sh... Zhanjiang Xinzhongmei restarts its PS lineNov 30, 2007Zhanjiang Xinzhongmei Chemical Industrial Co., Ltd. is running two of its GPPS production lines smoothly after startup of the N... PE prices scale higher in China on the back of tight avails and good demandNov 30, 2007A polymerupdate source in China this morning reported that domestic traders continued to raise their offer prices due to the la... Local trader comments on open market prices of PP, PE and PVC in MumbaiNov 30, 2007While speaking with a polymerupdate team member last evening, a local trader provided insights on the current ruling prices in ... VGO unit planned to be shut by Reliance in DecemberNov 30, 2007A domestic industry source informed a polymerupdate team member last evening that Reliance Industries Limited (RIL) is in plans... Basell~s Metocene PP brings high shelf appeal to “Hollywood Sphere” brand chewing gum packagingNov 30, 2007A Basell Metocene, polypropylene resin manufactured with metallocene catalysts has been selected by the European confectionary ... Open markets of Delhi record price riseNov 30, 2007While conversing with a polymerupdate team member last evening, a local trader provided a brief on the current offer prices in ... Dow Epoxy Completes Systems AcquisitionsNov 30, 2007Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates, announced yesterday that it has completed the... NOVA Chemicals describes impact of INEOS NOVA announcementsNov 30, 2007NOVA Chemicals Corporation announced on Thursday, further progress by the INEOS NOVA styrenics joint venture toward the target ... INEOS NOVA announces plans to shut down Belpre polystyrene facilityNov 30, 2007INEOS NOVA announced yesterday that it plans to permanently shut down its Belpre, Ohio, polystyrene facility by January 31, 200... Basell to acquire Solvay Engineered Polymers, Inc.Nov 30, 2007Basell, the global leader in advanced polyolefins, announced yesterday that it has signed a definitive agreement with Solvay by... |