Chemical News
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European Polymer Contract Prices (Euro/MT)--09Jun10 Jun 10,2010
Germany Holland Italy France Spain Britain*PVC susp 955-975 955-975 955-975 95...>>>
Asian PVC Price Assessments - 9Jun10 Jun 10,2010
(USD/MT) CFR China CFR SE Asia PVC SUSP 944-946 954-956Plastic and Rubber Customization Service...>>>
BASF MDI Plant in Chongqing to Restart as Scheduled Despite Postponed Official Approval Jun 11,2010
PUWORLD(2010-06-10)——An official from BASF said on June 8th that the company would not put off the original on-stream date of its Chongqing-based MDI project although official approval from Chinese government had been postponed for about half a year. >>>
China Needs to Become 'Stronger' in PU, Not Just Bigger Jun 11,2010
China needs to become a “strong polyurethane manufacturer”, rather than just a big one, said Zhang Jie of the China Polyurethane Industry Association, in a presentation he wrote, but did not give, for the Korean Polyurethane Society’s International Forum, which was held in Busan on ...>>>
Asian Weekly LDPE Price Assessments - 9Jun10 Jun 11,2010
(USD/MT) CFR FE Asia CFR SE AsiaLDPE G-P 1334-1336 1409-1411CHINA DOMESTIC 10900-11000 (Yuan/mt ex-works)Plastic and Rubber Customization Services of China...>>>
Asian PS Price Assessments - 9Jun10 Jun 11,2010
(USD/MT) CFR China CFR SE Asia PS G-P 1194-1196 1194-1196 HIPS 1319-1321  ...>>>
Asian ABS Price Assessments - 9Jun10 Jun 11,2010
(USD/MT) CFR China CFR SE Asia ABS INJ 1879-1881 1879-1881Plastic and Rubber Customization Services of China ChemNet...>>>
Shell Announced Its Asian MEG contract Price at $850/ton CFR in July Jun 14,2010
PUWORLD(2010-06-11)——Shell Chemicals proposed its Asian MEG contract price in July as $850(CFR) which slipped by $120 compared with last month. Shell had adjusted downward its contract prices by $250/ton for three consecutive months since May. For now, cargo prices in Asia were around $710/ton CFR to the vicinity of China. Major MEG contr...>>>
South Africa: Commission Can Extend Chemical Cartel Charges Jun 14,2010
Johannesburg — THE Competition Tribunal yesterday gave the Competition Commission permission to widen the charges it had brought against chemicals companies accused of collusion. The tribunal gave the commission, an investigating body, the go-ahead to amend the charges against Feltex, a unit of Cape Town-based Kap International. Feltex ...>>>
Dow Chemical to Qicken Its development in Chinese Mainland Market Jun 14,2010
PUWORLD(2010-06-12)——Yesterday at a press conference, Peter Sykes, new president of Dow Greater China said that Dow would quicken the pace of market development in mainland area after he analyzed economic situation and market growth in domestic market. Then, he furtherly explained that China’s export decreased due to the dropping demand fro...>>>
China Ethylene Output Up 23.1% in the First Five Months Jun 14,2010
PUWORLD(2010-6-13)——According to the latest data released by China National Statistics Bureau, about 1.065 million tons ethylene were produced in May, up 35% compared with the same time of last year. From Jan – May, total output of ethylene in China reached 4.971 million tons, increased by 23.1% versus that of last year. Ethylene is the raw ...>>>
CNPC's Refining Project in Qinzhou Would Probably Put on Stream Late This Month Jun 14,2010
PUWORLD(2010-06-13)-CNPC's refining project in Qinzhou would probably put on stream in the end of this month and was predicted to put into commercial operation around August. By that time, its production capacity of crude oil would amount to 201,000 barrels every day. Phase I Project started construction on Dec. 30th, 2006, with total invest...>>>
China Brewed Plan of Adjusting Downward Export Drawback Rates of Some Products Jun 17,2010
Wang Xinpei, spokesman from China's MOC said that the nation is planning to adjust downward export rebate rates of some products based on current import and export conditions. According to Ministry of Commerce, cutting down export rebate rates of textile and synthetic leather would restrain surplus growth. Since Sept 15th, 2006, China...>>>
CNPC’s Refining Project in Qinzhou Would Probably Put on Stream Late This Month Jun 17,2010
CNPC’s refining project in Qinzhou would probably put on stream in the end of this month and was predicted to put into commercial operation around August. By that time, its production capacity of crude oil would amount to 201,000 barrels every day. Phase I Project started construction on Dec. 30th, 2006, with total investment of Rmb 15.2 bil...>>>
BASF headquarters will be in new, $100M Florham Park building Jun 18,2010
BASF headquarters A $100 million building will be constructed on the former Exxon-Mobil site to serve as the chemical company BASF’s North American headquarters, according to the Rockefeller Group, owners of the property. The move will be announced tomorrow by the Rockefeller Group. BASF has been located on an adjacent property since moving...>>>
Bayer Sees Polyurethane Volumes Returning to Pre-Crisis Levels Jun 18,2010
June 14 (Bloomberg) -- Bayer AG, the world’s biggest maker of foam-like materials used in construction and upholstery, expects to crank out plastics at volumes close to pre-crisis levels as customers in Asia race to meet demand. “I am optimistic we may this year already reach the volume levels of 2008” for polyurethanes, said Peter Vanacker, ...>>>
Asian Weekly PP Price Assessments - 16Jun,2010 Jun 18,2010
(USD/MT) CFR FE Asia CFR SE Asia CFR S Asia PP RAFFIA/INJ 1189-1191 1199-1201 1199-1201IPP FILM 1219-1221 &n...>>>
Asian Weekly LLDPE Price Assessments - 16Jun,2010 Jun 18,2010
(USD/MT) CFR FE Asia CFR SE Asia CFR South AsiaLLDPE 1169-1171 1189-1191 1239-1241CHINA DOMESTIC 10100-10200 (Yuan/mt e...>>>
Asian Weekly HDPE Price Assessments - 16Jun,2010 Jun 18,2010
(USD/MT) CFR FE Asia CFR SE Asia CFR S AsiaHDPE YARN 1199-1201 1214-1216HDPE INJ 1124-1126 1139-1141 &...>>>
Polymer Spot Prices ($/mt) - 23JUN,2010 Jun 28,2010
CFR South Asia: FOT Brazil* CFR PERU PVC Susp &...>>>