Anticipation of a halt in further price gain by buyers has led to lackluster market for HDPE in Asia in the week of March 10, 2008. HDPE prices in Asia stagnated at US$1670/MT as most buyers in China preferred to wait and watch for prices to dip. A forty dollar gap existed between sellers offer prices and final prices at which deals were concluded.
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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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- 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
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- 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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