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BASF to raise prices for engineering plastics in Europe

As of October 1, 2007, BASF will be raising its prices in Europe for compounded polyamide (Ultramid /Miramid /Capron ) and PBT (Ultradur ) by 150 euros per metric ton. The prices for specialties from the engineering plastics product line will be going up by 300 euros per metric ...

Indonesian Tuban Petro to invest US$400 mln for aromatic capacity expansion

Indonesia's Tuban Petrochemical Industry (Tuban Petro) plans to invest US$400 mln to expand the capacity of paraxylene of its subsidiary PT Trans Pacific Petrochemical Indotama (TPPI) starting next year. TPPI has been operating at 120% of its installed capacity of 500,000 tons of ...

Work on Sino-Kuwaiti refinery and petrochemicals project to gain momentum

Officials from the state-run Kuwait Petroleum International (KPI) have expressed concerns over the slow development of the multibillion Sino-Kuwaiti refinery and petrochemicals plant project. The key issues for the work progress that the Kuwaiti party is raising with the ...

IG Petro in advanced stages of negotiations to form polyol JV with American partner

IG Petrochemicals Ltd. is in advanced stages of negotiations plans to form a joint venture company with USA based Stepan Chemicals to manufacture polyols. Polyol, made from phthalic anhydride, is a foam used in beds and other applications. After discussions scheduled to be held ...

Price trends of oil, polymer feedstock & commodity polymers in Asia for the week of Sep 24, 2007

SUMMARY Crude oil prices touched new highs and surpassed US$82 a barrel during the week on news of a cut in interest rates by the Federal Reserve to boost the US economy. Naphtha spiked in line with robust crude prices. EDC and VCM prices continued their downward trend due to ...

IL&FS to prepare detailed project report for PCPIR in Orissa

IL&FS has been shortlisted by the Orissa government to prepare a detailed project report for the petroleum, chemicals and petrochemical investment region (PCPIR) in Paradip. At a high-level meeting, it was decided that the state government would submit an application for the ...

Chinese spot domestic alumina prices steady ahead of holidays

Chinese spot domestic alumina prices remained steady this week at about Yuan 3,400-3,500/mt ($453-467) ex-plant for non-Chalco materials, unchanged from the past few weeks, local industry sources said Wednesday. Chalco also continued to offer at Yuan 3,500/mt, after lowering ...

Healthy growth seen for US packaging adhesives

HOUSTON (ICIS news)--US packaging adhesives demand should keep growing above the rate of gross domestic product (GDP) growth, a formulator said on Wednesday. Analysts are pretty upbeat because there s a consistent market over time, particularly with flexible packaging - hot ...

Indonesia to raise fuel prices for industry

JAKARTA, Sept. 26 (Xinhua) -- Indonesia's state-run oil and gas firm Pertamina has decided to increase fuel prices for industrial uses by up to 6 percent beginning Oct. 1 as global oil prices have made new records over the last few months. "We also will raise the price of ...

BASF to increase prices for sizing agents and paper colorants

Effective October 1, 2007, or as contracts allow, BASF Aktiengesellschaft, Ludwigshafen, will raise prices by up to 20% for sizing agents and paper colorants in Europe, the Middle East and Africa. This action is being taken because of significant raw material cost increases for ...

Huntsman shuts MEG plant at Port Neches, Texas for 7-10 days

Huntsman has shutdown its 280,000 mt/year monoethylene glycol plant in Port Neches, Texas for 7-10 days after having restarted it in early September, a source close to the company said Thursday. Before the September restart, the plant had been shutdown since April 29, 2006 ...

Fibre for orthopedic sutures surpasses polyester in promoting healing

Dyneema Purity , DSM's high-performance specialty polyethylene fiber developed specifically for medical applications, has been shown to promote better tissue formation than traditional polyester in orthopedic suture applications. In independent testing by NAMSA's Biomatech Lab, ...

US weekly rail chemical traffic rises 6.9%

US chemical railcar traffic rose 6.9 % in the week ended 22 September, compared with the same period in 2006, the Association of American Railroads (AAR) said on Thursday. Chemical railcar loadings for the week rose to 30,586, from 28,618 in the same week last year, the ...

KP Chemical to increase PX capacity for production of PTA

KP Chemical is to increase of paraxylene (PX) for the production of purified terephthalic acid (PTA) at its UOP Parex Process unit. For this, KP Chemical Corp has reloaded its Parex Process unit in Ulsan, South Korea with UOP Parex ADS-37 adsorbent. The reload, completed in June ...

A process that aids performance-based PU products with reduced impact on the environment

The Dow Chemical Company has introduced a proprietary process that helps polyurethane manufacturers make products that are performance-based and reduce the impact on the environment. Distinct in the chemical industry, RENUVA Renewable Resource Technology is used to produce bio...

PTT Chemical Plc to issue B4 bln in bonds, olefins capacity to almost double

PTT Chemical Plc is to issue bonds to the tune of 4 bln baht in early October mainly to finance a 5 year plan that includes olefins capacity expansion and related intermediate and downstream investment. This issue was planned a year ago, with an initial amount of 12 billion baht, ...

BASF raises prices for ethanolamines

Effective immediately, or as existing contracts allow, BASF is raising its ethanolamine prices worldwide by + Euro30 per metric ton for monoethanolamines + Euro80 per metric ton for diethanolamines + Euro60 per metric ton for triethanolamines or by the corresponding amounts in ...

BASF to increase prices for acrylic monomers

BASF will increase its prices for acrylic acid and acrylic esters (glacial acrylic acid; methyl acrylate, ethyl acrylate, n-butyl acrylate, 2-ethyl hexyl acrylate), as far as existing contracts permit. This is the company s reaction to inadequate margins, caused by continued high ...

BASF increases ethylene oxide capacity in Europe for EO derivatives

BASF is at the moment successively increasing its production capacity for ethylene oxide at its Ludwigshafen and Antwerp sites. Most of the work will be performed during the next planned shutdowns in 2008 and 2009. This will increase BASF s capacity for ethylene oxide in Europe ...

Radical research results on the oxidation of vitamin E

25 Sep 2007 - Recent research results have challenged conventional understanding of the oxidation of the "radical scavenger", vitamin E. Cutting-edge analysis methods have revealed that the intermediates commonly believed to be involved in the process do not occur. This ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

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 ...
Lucrative golf industry lures stiff competition
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
History-making tennis legend Li Na notched the first-ever grand slam ...
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