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Polymer News On Jan-3-2008Oman PP may restart mid JanuaryJan 3, 2008While in conversation with a source in the Middle East this afternoon a polymerupdate team member was informed, " the start up ... GAIL India~s dedicated HDPE line shutdownJan 3, 2008A short while ago a local source informed the polymerupdate team that GAIL India Ltd had shutdown its dedicated HDPE plant loca... VCM plant at Kaohsiung shut by Taiwan VCMJan 3, 2008While in conversation with an industry source based in Taiwan, a polymerupdate team member was informed that a 300,000 mt/year ... Buying interest in PTA lifts in Asia. Prices up adjust.Jan 3, 2008Buying interest in PTA lifted in Asia with the return of industry players from their year end holidays. Sellers from across the... Middle East makers hike PE offer prices to PakistanJan 3, 2008A polymerupdate source in Pakistan this afternoon reported that fresh offers for PE from the Middle East had surfaced in the do... Troubled ACN line planned to be restarted by Asahi KaseiJan 3, 2008While in conversation with an industry source based in the Far East, a polymerupdate team member was informed this afternoon th... Signatures Launch Ras Tanura Refinery Expansion ProjectJan 3, 2008Progress on the Ras Tanura Refinery Arabian Heavy Expansion Project took a major step forward recently as Mohammed Y. Al-Qahtan... Saudi Aramco Plays Major Role in Asia Pacific Oil and Gas ConferenceJan 3, 2008Saudi Aramco representatives played a large role in the recent Society of Petroleum Engineers’ (SPE) Asia Pacific Oil and Gas C... SM prices leap higher in EuropeJan 3, 2008European prices of SM on Wednesday raced higher, rising in tandem with a spurt in upstream crude coupled with a climb in benzen... Start of refinery, petrochemical plant delayed by PetroChinaJan 3, 2008An industry source based in China informed a polymerupdate team member that construction problems have forced Chinese refiner P... Hainan methanol plant restarted by CNOOCJan 3, 2008While in conversation with an industry source based in China, a polymerupdate team member was informed that a 600,000 mt/year m... LDPE spot prices driven up in EuropeJan 3, 2008Even though contract prices of LDPE in Europe this week were assessed unchanged at the Euro 1290/mt FD North West Europe levels... Swiss firm Glencore wins Bangladesh naphtha tenderJan 3, 2008While in conversation with an industry source based in Bangladesh, a polymerupdate team member was informed that a contract to ... Ethylene production to be doubled by Daqing PetrochemicalJan 3, 2008While in conversation with an industry source based in China a short while ago, a polymerupdate team member was informed that c... Chiba cracker to be restarted by Idemitsu on FridayJan 3, 2008While in conversation with an industry source based in Far East Asia, a polymerupdate team member was informed that plans are i... SM plant to be constructed by Thai PTT Aromatics & Refinery by 2012Jan 3, 2008While in conversation with an industry source based in Thailand, a polymerupdate team member was informed that an SM plant is p... Spot PP prices in Europe edge higherJan 3, 2008In Europe this week, spot prices of PP edged higher. Gains came in wake of a spike in Q1 propylene contract prices on the one h... Crude oil prices rise sharply on WednesdayJan 3, 2008Crude oil prices touched USD 100/barrel during intra day trading on Wednesday sending shock waves through the oil dependent eco... MRPL tenders to sell Mixed Xylene export cargo on FOB basis ex-New MangaloreJan 3, 2008A local market source informed a polymerupdate team member that Mangalore Refinery and Petrochemicals Ltd (MRPL) had yesterday ... MRPL tenders to sell Naphtha export cargo on FOB basis ex-New MangaloreJan 3, 2008A local market source informed a polymerupdate team member that Mangalore Refinery and Petrochemicals Ltd (MRPL) had yesterday ... PolyOne Completes Acquisition of GLS CorporationJan 3, 2008PolyOne Corporation, a leading global provider of specialized polymer materials, services and solutions, announced yesterday th... LME Plastics Prices - 2nd January, 2008Jan 3, 2008... PVC edges lower in South East AsiaJan 3, 2008... ABS prices in Asia down adjustJan 3, 2008ABS prices in Asia ended down on Wednesday, declining despite firm upstream prices of ACN, surging butadiene and bullish SM. Th... PS prices assessed lower across AsiaJan 3, 2008With businesses re-opening in the New Year and with global energy prices rallying to historic highs, sellers of PS across the A... Naphtha prices in Asia surgeJan 3, 2008... Ethylene firms in Asia as fundamentals remain very strongJan 3, 2008Asian prices of ethylene firmed yesterday, rising on robust regional buying interest, tight supplies and bullish upstream prici... Oil producers tax payments soar with profitsJan 3, 2008China will charge the nation~s oil producers 60 billion yuan in taxes this year on their windfall from soaring crude prices. Th... Secure trend seen in Asian PP marketsJan 3, 2008A surge overnight in prices of crude to never before seen highs of USD 99.62/barrel on the New York Mercantile Exchange, a spur... Bottle grade PET chip markets in China take on a stable toneJan 3, 2008The domestic bottle grade PET chip markets of southern China remained dull at the start of this week, although the inactivity w... ABS prices edge down in ChinaJan 3, 2008The ABS markets of Yuyao City in Zhejiang province of eastern China saw quiet trade this week. Communication between buyers and... NBA prices quote steady in ChinaJan 3, 2008The NBA market of eastern China kept basically steady this week. A local polymerupdate source in China informed the team that t... Summary on PX imports into China in November, 2007Jan 3, 2008China totally imported 258,500 metric ton PX under the HS code 29024300 in November of 2007, registering an increase of 44.86% ... LDPE offers in Asia to test USD 1800/mt levelsJan 3, 2008LDPE prices quoted firm this week, bullish as buyers began to return to work after their long Christmas and New Year holiday br... Methanol prices in China, down adjustJan 3, 2008Major methanol producers in Southwest China continued to down adjust ex-work prices due to limited buying support found from do... LLDPE gains as triggers continue to remain bullishJan 3, 2008Tight regional availability accompanied by a spike in New year demand helped sellers of LLDPE push their offer rates in Asia hi... HDPE film prices firm up as demand improvesJan 3, 2008Buying in China’s HDPE markets started the New Year on a positive note with activity seen lifting on the back of a combination ... Five refineries acquired by Sinopec from parentJan 3, 2008While in conversation with an industry source based in China, a polymerupdate team member was informed that five refineries and... EPDK rejects refinery application of CevahirJan 3, 2008While in conversation with an industry source based in the Middle East yesterday, a polymerupdate team member was informed that... LANXESS Business Unit Basis Chemicals: Price increase for entire portfolio by five per centJan 3, 2008The LANXESS Business Unit Basic Chemicals is increasing its prices worldwide for its entire product portfolio by five per cent ... |