As supplies across the region tighten, VCM prices moved up to US$830/MT in Asia in the week of March 3, 2008. Buyers' opposition to prices has brought down prices by almost forty dollars from the initial offer by Japanese producers. Robust naphtha values are expected to keep VCM prices afloat.
News From Plastics Industry. Daily updates on naptha, oil, plastic raw material price movements. News on crackers, and plastic plants. Information on developments in plastics packaging, packing products, additives for plastics, new plastic raw materials and plastic products
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2008
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March
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- Pre operating loss at YANSAB totals to SR45 mln loss
- IOC's Rs 46,000 crore Paradip refinery project con...
- Fiberex Glass awarded US$100 mln contract by Easte...
- Sibur and Ineos in agreement for use of Innovene P...
- Formosa Plastics posts 55% raise in Q4 profits
- Taiwnese ACN unit turnaround shutdown to affect av...
- Evonik and Sibur in JV study to review constructio...
- New polymer that changes stiffness and strength up...
- Dow to conduct planned maintenance turnaround at p...
- Malaysia's KNM to acquire German company
- Iraqi export pipeline blown up: oil prices rise pa...
- China to almost double ethylene capacity by 2010
- Japan's Idemitsu and Mitsui acquire stake in Kuwai...
- EU set deadline to conclude enquiry for Carmel Ole...
- 51% stake in Petkim to Azeri consortium to be tran...
- Cereplast secures Formulation Patent in Europe
- Eastman to expand Tritan copolyester capacity in USA
- Dyneon LLC acquires specialty thermoplastic polyme...
- PolyOne introduces Specialty Engineered Materials ...
- INVISTA seeks damages in excess of US$800 mln in l...
- US$140 mln contract awarded for cracking heaters t...
- SABIC IP to serve Asian customers with Long Glass ...
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- STYRENE MONOMER
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- ETHYLENE
- NAPHTHA
- Price trends of oil, polymer feedstock and commodi...
- Itochu Corporation Japan, invests in Narendra Plastic
- Kuwait, Shell refinery JV in China likely to go on...
- Chi Mei and Grand Pacific to integrate six ABS sub...
- Oil prices ascend as the market awaits report of U...
- PetroChina's expanded refinery in Dushanzi to star...
- Pemex launches tender for second stage expansion a...
- Top Turkish court snubs latest bid to cancel priva...
- Paradip plant to help IOC save almost Rs1 crore/da...
- Slowdown in US growth leads to oil price drop
- Taiwan's Formosa Plastics applies to the governmen...
- Indonesia to import 30% of ethylene requirement in...
- Ube's Thai unit plans US$117 mln capacity expansion
- Keltic Petrochemicals receives govt nod to proceed...
- New mPE for enhanced extrusion operations and exce...
- Siemens system to treat ethylene spent caustic at ...
- Asahi Kasei to set up ACN and MMA plants in Thailand
- Oil prices dip by over a dollar amid concerns of f...
- Delay in construction of a €300 mln MMA plant at L...
- IOC's plans of petrochemical hub in Nayachar could...
- Philippine Government considers financial adviser ...
- BASF and Sinopec submit technical and commercial f...
- AMI'S conference to focus on the latest developmen...
- Mitsubishi Chem restarts operations at fire affect...
- La Seda de Barcelona to build 700,000 tpa PTA plan...
- GAIL petrochem operations and revenues to be hit a...
- Oil prices dive below US$100 per barrel
- UAE plans world's largest petrochemical complex
- Restart of Idemitsu's plant unlikely to be affecte...
- Asian condensate markets to come under pressure as...
- Thai SCC in JV to build petrochemical plant in Vie...
- Cals Refinery inks MoU for refinery at Nayachar pe...
- Braskem to expand capacity of LDPE mad from Biofuels
- Leak causes fire at Ineos' ethylene pipeline in Ge...
- Akcros and ALA ink Technology Licensing Agreement
- Polyethylene production at Unipetrol surpasses 4 m...
- ONGC exports hit : MRPL to source crude from ONGC ...
- Philippines’ Petron commences propylene production...
- Shell finalises licensing contract with PetroChina...
- 30% hike estimated in naphtha consumption at Haldi...
- Equate reports US$769 mln net profit in 2007
- ETHYLENE
- NAPHTHA
- Price trends of oil, polymer feedstock and commodi...
- South Korea's Lotte Daesan plans 54% ethylene capa...
- Formosa restarts Mailiao plant ahead of schedule
- BASF and Sinopec submit feasibility studies on pla...
- Siam Cement Group's joint venture in Iran on track
- Gulf Petroleum awaits approval from Malaysian auth...
- Petron mulls US$1.5 bln investment in new petroche...
- IOC establishes separate strategic business unit t...
- Oil prices spike to all time high as dollar and st...
- Battenfeld Kunststoffmaschinen GmbH to be acquired...
- Single-walled nanotube show strength in polymer fi...
- Lebanon's Lahoud Engg Co awarded sub contract for ...
- Indorama to invest US$300 mln in global PET expansion
- Agricultural film for crop protection
- Formosa posts 35% rise in Q4 profits
- Debottlenecking at Malaysia's Titan Chemicals to e...
- JG Summit cuts petrochemical loss for the fiscal
- BASF to hive off Polymer Intermediates Plant
- Formosa plans restart of No.2 cracker after repairs
- IOC projects petrochemicals turnover by 2011-12 at...
- Clariant to invest in world-scale specialty organi...
- GAIL and Reliance sign MoU to jointly explore petr...
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March
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