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Naphtha production down by 10,000 tons on hydrocracker shutdown at MRPL

India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has shut its 21,000 bpd hydrocracker for planned maintenance for a period of 32-35 days until mid December. The closure will increase exports of high sulphur diesel by 40,000 tons over the closure period, and lead to a ...

Polypropylene Market Update in North America, November 19, 2007

Volume: Increasing Price: Higher The Polypropylene market has remained embroiled in a challenging environment ever since frustratingly high feedstock costs led to demand damaging expensive resin. Resin producers are now dealing with another PGP monomer increase, this time a ...

Polystyrene Market Update in North America, November 19, 2007

Volume: Increasing Price: Steady/lower The spot Polystyrene market came off about $.01/lb this week, as offers began to grow when prices approached $.80/lb. Although producers are seeking to increase November contracts an additional $.04/lb, the market is still absorbing the $.02...

Polyethylene Market Update in North America, November 19, 2007

Volume: Good Price: Steady/higher The Polyethylene market is experiencing a very interesting standoff which might best be characterized as mutual indifference. Buyers and sellers have both been very quiet, each well positioned to avoid tapping the influential spot market. Still, ...

PetroChina pledges supply hike to ease oil shortages

BEIJING, Nov. 20 (Xinhua) -- PetroChina, the country's largest oil and gas producer, has pledged to increase output and imports to ease domestic fuel shortages. Many filling stations across the country are experiencing shortages, with refineries unwilling to raise output in light ...

Polymer Market Update in North America, November 19, 2007

The domestic spot resin markets saw limited activity during the first half of November. Producers, feeling the pressure of expensive energy and higher contract monomer costs, have restricted spot resin availability as they work to implement their steep price increases for ...

Crude prices surge toward 100 dollars

NEW YORK, Nov. 20 (Xinhua) -- Crude prices surged toward 100 dollars a barrel Tuesday on the weak dollar and concern of tight supply in winter. Crude prices surged more than 4 percent above 98 dollars a barrel Tuesday as the U.S. dollar hit a new low against the euro. The euro ...

Crude prices top 95 U.S. dollars as dollar hits new low against euro

NEW YORK, Nov. 20 (Xinhua) -- Crude prices rose above 95 U.S. dollars Tuesday morning amid the currency's new low against the euro. The euro reached a record high of 1.4806 dollars in London Tuesday, as investor confidence in the U.S. economy was hit by the banking sector. On ...

OPEC oil prices drop

VIENNA, Nov. 19 (Xinhua) -- After a five-week continuous rise, the weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) dropped to 87.35 U.S. dollars per barrel last week, 2.33 dollars lower than the previous week, the cartel said Monday. OPEC's ...

Polystyrene Market Update in North America, November 5, 2007

Volume: Average Price: Steady Spot Polystyrene prices were steady most of the week, but again began trekking higher as traders looked ahead at the $.04/lb increase nominated for November Polystyrene contacts. Once the October $.02/lb increase became well-intact, spot resin ...

Dow Announces Price Increases for Chlorinated Solvents in North and Latin America

Midland, MI - November 01, 2007 Effective immediately, or as contracts allow, The Dow Chemical Company ("Dow") is announcing a $0.07 per pound increase in list and off-list prices for all grades of Chloroform, Methylene Chloride and methyl chloride, and $0.04 per pound in list ...

Polymer Market Update in North America, November 5, 2007

The resin markets were active this past week, as October ended and buyers faced a fresh round of price increases. The dizzying highs in energy and monomer markets also faced the possibility of muting demand in these final eight weeks of the year. In the beginning of the week, ...

Dow Epoxy Raises Epoxy Novolac Price in Latin America

Sao Paulo, Brazil - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company ( Dow ), today announced a price increase in Latin America for D.E.N. 400 Series Epoxy Novolac Resins. Effective immediately, or as contract terms allow, prices for these products ...

Dow Chemical Increases Prices for Carpet Latex Technologies in North America

Midland, MI - November 01, 2007 Effective December 1, 2007, the Dow Carpet Latex business is increasing the prices of all styrene butadiene (S/B) latex and acrylic latex products sold into the carpet industry by US$0.03/lb (dry) in the United States and Canada. Dow is implementin...

Dow Epoxy Raises Epichlorohydrin Prices in North America

Midland, MI - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates ( Dow ), today announced list and off-list price increases in North America for Epichlorohydrin. Effective December 1, or as contract terms allow, prices for ...

DSM Powder Coating Resins to strengthen its position in China

01 Nov 2007 - DSM announced the set up of R&D facilities for powder coating resins in Shanghai (China). The facilities will feature chemical synthesis as well as application testing. The laboratory will be operational as of January 2008 onwards. Gerben Algra, Global Business ...

U.S. Caustic Soda Price Increase

02 Nov 2007 - Effective immediately, or as contract terms allow, The Dow Chemical Company is increasing its U.S. off schedule selling prices of both diaphragm (commercial) and membrane grades of caustic soda 50% solution (basis 76% Na2O) by $75/dry short ton (DST). All TVA's ...

Brazilian Schahin Group to get $800-mln loan to build oil, gas platforms

RIO DE JANEIRO, Nov. 1 (Xinhua) -- Brazilian engineering company Schahin Group will received a loan of 800 million U.S. dollars from foreign banks to build two semi-submersible oil and gas platforms, the company announced Thursday. The funds will be assembled from 15 internationa...

Dow Announces Price Increase for Polyolefin Films in North America

Houston, TX - November 01, 2007 The Dow Chemical Company ( Dow ) has announced a $0.06/lb. price increase across North America for all polyolefin film products, effective December 1, 2007, or as soon thereafter as contracts permit. "A sustained cost push from raw materials, such ...

Dow licenses olefin block copolymer technology to GLS

GLS Corp., a global leader in the development, manufacture, and supply of high-performance, custom-formulated thermoplastic elastomers (TPEs), through a licensed agreement with The Dow Chemical Company, has been granted rights to provide processors with TPEs incorporating the ...

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china

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market

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China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Boeing Wins Biggest Order of US$26b
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trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
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