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Polymer News On Jan-31-2008Indian prices of PP and PE for February hikedJan 31, 2008A short while ago a local source informed the polymerupdate team that Indian petrochemical major Reliance Industries Ltd (RIL) ... Indian resin producer slashes prices of PETJan 31, 2008A short while ago a local source informed the polymerupdate team that an Indian resin producer had announced a downward revisio... Nippon Oil consolidated financial results for the Third Quarter ended December 31, 2007Jan 31, 2008... Asahi Kasei announces Third Quarter resultsJan 31, 2008... Tri Polyta~s PP unit now at 100% ratesJan 31, 2008While in conversation with a source in Indonesia this afternoon, a polymerupdate team member was informed that the PP plant of ... HDPE prices quote firm in Asia despite weak demand in certain key marketsJan 31, 2008Even though the buying momentum in Asia’s HDPE markets were dull through the day on Thursday, regional producers were seen tak... PT Kaltim Methanol to restart 660 kt/annum unit in FebJan 31, 2008While speaking with a source in Indonesia this afternoon, a polymerupdate team member was informed that PT Kaltim Methanol Indu... Petron Corp to launch Petchem unit next monthJan 31, 2008Petron Corp of the Philippines today announced that it will begin operating its Petro Fluidized Catalytic Cracker (Petro FCC) a... Flint Hills declares FM on PP and PE productionJan 31, 2008Sources in the US have reported that Flint Hills Resources has declared force majeure on PP, PE and petrochemical production fr... Maintenance shutdown planned at Kharg PetrochemicalJan 31, 2008A short while ago a polymerupdate team member spoke with a source in Iran and asked about plans at Kharg Petrochemical to under... Singapore based PP producer brushes off chances of a price reductionJan 31, 2008While speaking with a PP producer in Singapore a short while ago, a polymerupdate team member was told on conditions of anonymi... Plant Updates - 31st January, 2008 (Part II)Jan 31, 2008... Plant Updates - 31st January, 2008 (Part I)Jan 31, 2008... DuPont Declares First Quarter DividendJan 31, 2008DuPont has declared a first quarter common stock dividend of 41 cents per share, payable March 14th, to stockholders of record ... India~s Bharat Petroleum tenders to sell Naphtha for FebruaryJan 31, 2008A local market source informed a polymerupdate team member that Bharat Petroleum Corp Ltd (BPCL) had issued a sell tender for N... Methanex announces Feb contract price for Methanol for AsiaJan 31, 2008Methanex, the world~s largest methanol producer posted its regional contract methanol price for the Asia Pacific region this we... MEG prices in Asia continue to plungeJan 31, 2008While in conversation with an MEG trader based in the Far east this morning, a polymerupdate team member was told, “ demand for... Exxon Mobil Corporation Declares First Quarter DividendJan 31, 2008The Board of Directors of Exxon Mobil Corporation declared a cash dividend of 35 cents per share on the Common Stock, payable o... Naphtha prices in Asia decline despite firmer crude numbersJan 31, 2008Asian open spec naphtha prices ended the day on Wednesday down. 1st half of March bid prices were at the USD 861.50/mt CFR Far ... MRPL tenders to sell Naphtha export cargo on FOB basis ex-New MangaloreJan 31, 2008A local market source informed a polymerupdate team member that Mangalore Refinery and Petrochemicals Ltd (MRPL) had yesterday ... LME Plastics Prices - 30th January, 2008Jan 31, 2008... Crude prices on Wednesday end firmJan 31, 2008Crude prices climbed higher on Wednesday, rising after the US Federal Reserve reduced by 50 basis points its key interest rates... SABIC to bring online two new MEG facilities this yearJan 31, 2008Last evening, a polymerupdate source in the Middle East informed the team that SABIC was planning to bring online two new MEG p... Subdued buying momentum plagues China~s PS marketsJan 31, 2008The PS market of southern China was very quiet on Thursday. Most actual users had retreated to the sidelines ahead of the start... Price discussions in spot PTA markets of China remain scarceJan 31, 2008Price discussions were scarce in the domestic spot PTA markets of eastern China this week. Neither were there many spot offers ... Toluene sellers in China keep their price targets steadyJan 31, 2008In the domestic toluene market of Jiangsu province in eastern China, prices were pegged stable on Wednesday. The mainstream dea... SM prices hold steady in ChinaJan 31, 2008The SM market of Jiangsu province in eastern China witnessed dull activity yesterday. Several downstream plants were heard to h... Despite softening demand, PVC prices in China rule firmJan 31, 2008Transactions were limited in the PVC markets of Hangzhou City in eastern China’s Zhejiang province yesterday. On account of wea... Traders reduce their PP offer prices across select parts of ChinaJan 31, 2008Prices of PP in the markets of Beijing City in northern China edged down on Wednesday. Transactions turned further sluggish ahe... Chevron Announces Quarterly DividendJan 31, 2008The Board of Directors of Chevron Corporation have declared a quarterly dividend of 58 cents per share. The dividend is payable... Rapid Production Growth & New Projects To Be 2008 Highlights For CNOOC Ltd.Jan 31, 2008... Ahead of a possible Feb 1st price increase by domestic resin producers, buying mood in Delhi~s open market remains dullJan 31, 2008While in conversation with a polymerupdate team member last evening, a local trader provided details on the current buying tren... European Commission Gives Clearance for INEOS acquisition of Hydro PolymersJan 31, 2008INEOS Capital confirmed that it had received unconditional clearance from the European Commission for the purchase of the Hydro... BASF reorganizes its masterbatch businessJan 31, 2008BASF is reorganizing its masterbatch business in Europe. In the future, BASF’s specialists for coloring a wide variety of produ... Mumbai based trader comments on the dull buying mood in the open marketsJan 31, 2008While in conversation with a polymerupdate team member last evening, a local trader commented on the current trends and prices ... PTT to shutdown 14-1 todayJan 31, 2008Thailand~s PTT Chemical Public Company Limited (PTTCH) has announced that it will undertake a shutdown at its Olefins plant 14-... Dow Increases Prices for Emulsion Polymers for Paper and Paperboard in North AmericaJan 31, 2008Effective February 15th, 2008, or as contracts permit, Dow’s Emulsion Polymers business is increasing the prices of all styrene... Essar Oil commissions all the processing units; To consolidate exploration & production businessJan 31, 2008India~s Essar Oil Limited has commissioned all the processing units of its 10.5 mmtpa refinery. All the units are expected to r... SCG-Dow Group Announce the Final State to Plan and Build a Specialty Elastomers Plant in ThailandJan 31, 2008SCG-Dow Group, a joint venture of The Dow Chemical Company (Dow) and Siam Cement Public Company Limited (SCG), announced yester... |