Chemical News
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Asian Benzene daily physical cargo assessments - 16Jul,2010 Jul 19,2010
(US$/mt) FOB Korea On day FOB SEA On day LC at sight Change LC at sight ChangeMarke...>>>
Asian Toluene daily assessments - 16Jul,2010 Jul 19,2010
(US$/mt) FOB Korea On day CFR China On day CFR China On day LC at sight Change LC 0-30 days Change LC 90 days &nbs...>>>
Asian PX daily assessments - 16Jul,2010 Jul 19,2010
(US$/MT) FOB Korea On day CFR Taiwan/China On day Taiwan-China LC at sight Change LC 30-45 days Change spreadsMarker: 835.50-836.50 * 7.00 850.50-85...>>>
Asian Iso-MX daily assessments - 16Jul,2010 Jul 19,2010
(US$/MT) FOB Korea On day CFR Taiwan On day LC at sight Change LC 0-30 days ChangeMarker: 735.50-736.50 * 2.00 745.50-7...>>>
Asian Styrene daily assessments - 16Jul,2010 Jul 19,2010
(US$/mt) FOB Korea On day CFR China On day CFR Taiwan LC at sight Change LC 90 days Change ...>>>
Saudi:SABIC inks deals to supply polymers Jul 20,2010
PETROCHEMICAL giant Saudi Basic Industries Corp (SABIC) sealed 6 billion yuan (US$885.6 million) worth of new contracts to supply Chinese customers. A company executive said SABIC will build a China headquarters and a research hub in Shanghai with an eye on the Chinese market. Under a memorandum of understanding signed in Shanghai yesterd...>>>
China: Yantai Spandex Reports Sharp Increase in H1 Profit Jul 20,2010
As a Chinese pioneer company in the industry of special fiber, Yantai Spandex reported sharp gains in first-half profit. Spandex price increased continuously since second quarter of last year, thanks to the recovery at downstream textile industry. Meanwhile, meta-aramid production also increased significantly on the recovery at global market...>>>
Dow Chemicals in Olympic deal; sees $1 billion potential Jul 20,2010
NEW YORK: Dow Chemical Co said last Friday it would become a global sponsor of the Olympics, hoping it can bring in more than $1 billion of revenue in the next 10 years by supplying material to build game facilities and bolstering its brand. Financial terms of the deal were not disclosed. The Midland, Michigan-based company will become th...>>>
Europe:Stepan Europe Purchases Alfa Systems Sp. z o.o. in Brzeg Dolny, Poland Jul 20,2010
Stepan Company (NYSE: SCL) announced that its wholly-owned subsidiary, Stepan Europe S.A.S., has acquired all of the shares of Alfa Systems Sp. z o.o. from its shareholders, Chemitex Holding Limited and Chemovil Holdings Limited. The purchase includes Alfa Systems' new plant located in Brzeg Dolny, just outside of Wroclaw, Poland with 25,000 metric...>>>
Asian Daily Polyethylene Assessments - 19JUL,2010 Jul 20,2010
CFR FE Asia On day (US$/mt) ChangeHDPE film 1024.00-1026.00 0.00LDPE &nb...>>>
Asian Benzene daily physical cargo assessments - 19Jul,2010 Jul 20,2010
(US$/mt) FOB Korea On day FOB SEA On day LC at sight Change LC at sight ChangeMarke...>>>
Asian Toluene daily assessments - 19Jul,2010 Jul 20,2010
(US$/mt) FOB Korea On day CFR China On day CFR China On day LC at sight Change LC 0-30 days Change LC 90 days &nbs...>>>
Asian PX daily assessments - 19Jul,2010 Jul 20,2010
(US$/MT) FOB Korea On day CFR Taiwan/China On day Taiwan-China LC at sight Change LC 30-45 days Change spreadsMarker: 830.50-831.50 * -5.00 845.50-846.50 ...>>>
The First China Low-carbon Industry Investment and Financing Summit will hold in Shenzhen Jul 20,2010
Under the dual pressures of the global economy hasn't recovered fully yet and part of domestic industries excess capacity situation, the emerging strategic industries are given a "special" mission. Many areas launch the emerging development plan and the "low-carbon projects." On 26 August, China Industry Newspaper Association organizes "the First C...>>>
Abu Dhabi:Air Products to open office in Abu Dhabi; forms joint venture to boost business presence Jul 21,2010
Story Tools LEHIGH VALLEY, Pa. (AP) - Air Products and Chemicals Inc. said Monday it plans to open an office in Abu Dhabi to expand its business presence in the Middle East. Air Products, which manufactures specialty gasses and materials, also said it will create a subsidiary called Air Products Gulf Gas LLC through a joint venture. Air Prod...>>>
China:N. China boosts crude output by 29.36% yoy in Jan-Jun: NBS Jul 21,2010
North China hiked crude output by 29.36% year-on-year to 20.56-mil mt in the first half of 2010, shows the data from the National Bureau of Statistics. The growth was the largest among Chinese regions. Tianjin in North China boosted crude output by 43.98% to 15.07-mil mt in the period, according to the data. Meanwhile, Northwest China lif...>>>
China:Demand in China's High-end Chemical Industry Depends Highly on Imports Jul 21,2010
China's petroleum and chemical industry, which occupied more than 12% of industrial output value, kept strong growth momentum. According to Zhao Jungui, vice president of China Petroleum and Chemical Industry Association, gross indusrital output value in the past five months of this year increased by 43.6% while output value of new products ...>>>
Saudi Sabic Q2 Net Profits Up 177 Percent Over 2009 Jul 21,2010
RIYADH (AFP) - Saudi petrochemicals giant Sabic on Sunday reported second quarter net profits of 5.02 billion riyals (1.34 billion dollars), 177 percent over the same period in 2009, but down 7.6 percent from the first quarter of 2010. Saudi Basic Industries Corp, the Gulf's largest listed company and one of the world's top petrochemicals p...>>>
China:Power Brownouts in Zhejiang and Chemical & Fiber Industry Jul 21,2010
Zhejiang Province decided to limit power used by high energy-consuming and high emission producers from 1 July to 13 September. The period will be divided into five phases. Herein CBI Chemical & Fiber Team made a one-week-long survey on the influence of the power brownouts on the chemical & fiber industry. Upstream: Zhejiang is the most i...>>>
South China settles first spot LPG deal for Aug import Jul 21,2010
A South China-based importer bought on Monday 22,000mt of imported propane for August delivery, said a Singaporean trader. This was the first spot deal for August delivery to South China. This cargo from a European trading company was traded at US$575-579/mt under CFR terms, expected to reach South China in Aug 10-20, the trader said. But thi...>>>
International Chemical Exhibition
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