|
|
Polymer News On Sep-3-2007Oxea expands into future markets: new business units in Singapore and MexicoSep 3, 2007OXEA, one of the largest suppliers of oxo-chemical products and olefin derivatives, opened their newest subsidiaries in Singapo... Domestic trader sheds a light on overseas offer rates to IndiaSep 3, 2007While in conversation with a polymerupdate team member a short while ago a domestic trader shed a light on the offer rates to I... Local trader provides an update on open market prices of PP, PE and PVCSep 3, 2007While conversing with a polymerupdate team member this afternoon a local market source provided inputs on the current offers in... PET may quote steady in Europe this monthSep 3, 2007PET bottle grade contract prices last week were assessed at the Euro 1295/mt FD North West Europe levels, unchanged from a week... Borealis completes sale of Norway petrochemical business to IneosSep 3, 2007Borealis, a leading provider of innovative, value creating plastics solutions, has completed the sale of its Norwegian polyolef... Major expansion of oil refineries planned by ChinaSep 3, 2007An industry source based in China while in conversation with a polymerupdate team member this afternoon said that that with a v... September to see a hike in LDPE contract rates in EuropeSep 3, 2007General Purpose LDPE contract prices in Europe last week were heard settled at Euro 1315/mt FD North West Europe levels for Aug... PVC producers in Europe target September hikesSep 3, 2007Even though August is seasonally a dull period for PVC sales in Europe, prices held out on account of limited avails from east ... Butadiene prices march higher as demand lifts in AsiaSep 3, 2007Butadiene rates firmed last week in Asia, driven higher on reports of strong buying interest in China. Supporting sellers seeki... GAIL India to shutdown Auraiya plants on September 25thSep 3, 2007A short while ago a local market source informed the polymerupdate team that GAIL India was planning to shutdown it~s plants in... Iran is 4 th largest crude supplier to Japan in JulySep 3, 2007While in conversation with an industry source based in Japan a short while ago, a polymerupdate team member was told that the m... Propylene prices quote flat in AsiaSep 3, 2007Asia’s propylene markets last week were mostly quiet with FOB Korea prices pegged flat at the USD 1060/mt levels. Sellers did a... Output at Aruba refinery of Valero expected to be unaffectedSep 3, 2007While in conversation with an industry source over the weekend, a polymerupdate team member reported that no change is expected... Sinopec retains No.1 position on top 500 companies list of ChinaSep 3, 2007While in conversation with an industry source based in China, a polymerupdate team member reported that as per an annual list o... MEG prices decline by USD 30/mtSep 3, 2007Following a recent spike in MEG rates of over USD 150/mt, prices last week witnessed a downward correction in Asia following th... PX contracts in Asia for September settle at levels well below those done last monthSep 3, 2007While conversing with an industry individual this morning, a polymerupdate team member was told, “ we have heard from sources t... Expectations of limited avails push FOB Korea OX rates in Asia higherSep 3, 2007Orthoxylene (OX) prices on an FOB Korea basis edged higher in Asia last week, climbing as supplies in the latter half of Septem... Methanol prices leap higher in AsiaSep 3, 2007Methanol prices leapt higher in Asia last week rising on the back of tight regional supplies coupled with robust demand. Offers... September Asia contract price for methanol hiked by MethanexSep 3, 2007... OVL tenders to sell SOKOL Crude Oil on CFR basisSep 3, 2007A local market source informed a polymerupdate team member that ONGC Videsh Limited had last week issued a sell tender for SOKO... Bonds worth 4 million baht to be sold by IndoRama for expansionSep 3, 2007While conversing with an industry source based in Thailand this morning, a polymerupdate team member reported that Thailand~s b... European PS contract prices may reduce in SeptemberSep 3, 2007Buyers of polystyrene (PS) in Europe were heard prepared for a September contract price decrease. General Purpose PS (GPPS) con... PetroChina, Sinopec slash gasoline exports for domestic price stabilitySep 3, 2007PetroChina and Sinopec, China~s two biggest oil companies, may continue to cut gasoline exports in September following a huge r... Taiwan buys more than 10kt of Middle East origin ethyleneSep 3, 2007An ethylene trader in conversation with a polymerupdate team member this morning said, “ Taiwan has purchased more than 10,000 ... Prices of acetone across China are pegged steadySep 3, 2007The acetone market of southern China witnessed thin transactions last weekend, with the mainstream dealing prices pegged at RMB... DOP priced stable in ChinaSep 3, 2007On completion of a turnaround at it~s DOP facility, the Ningbo subsidiary of South Korea’s Aekyung Petrochemical Co., Ltd. issu... Iraq planning to set up a petrochemical plantSep 3, 2007On Sunday, a polymerupdate source in the Middle East reported that Iraq’s industry minister, Fawzi al-Hariri, said that Iraq wa... SM producers in China hike their offer ratesSep 3, 2007SM prices in Eastern China quoted at around RMB 12500/mt (Zhangjiagang, ex-tank), with transaction volumes said to be average. ... Inquiries for ABS in Europe liftSep 3, 2007Across the North West European region, ABS natural and general purpose grade contract prices were assessed steady last week at ... ANGUS Announces Price Increase for TRIS AMINOTM™ Product PortfolioSep 3, 2007Effective October 1st, 2007, ANGUS Chemical Company, a wholly owned subsidiary of The Dow Chemical Company and a leading manufa... LLDPE prices down adjust in ChinaSep 3, 2007... Chevron Restarts Units at Pascagoula RefinerySep 3, 2007Chevron has successfully restarted several process units previously shut down at its refinery in Pascagoula, Miss., after a fir... PVC demand in China remains subduedSep 3, 2007After witnessing a price decline last week, the rates for PVC in eastern China were seen pegged stable over the weekend. Curren... ABS rates pegged stable in ChinaSep 3, 2007ABS prices in Shunde City in Guangdong province of southern China quoted steady although actual user demand failed to improve. ... |