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Eastman Increases Ester Solvents Prices on November 1

KINGSPORT, Tenn., Oct. 29, 2007 - Eastman Chemical Company is increasing prices on the following products effective Nov. 1, or as contracts allow. These increases are due to increased market demand and operating costs, particularly in raw materials, energy and freight. Eastman n...

NYMEX front-month crude settles at all-time high of $90.46/barrel

Front-month crude on NYMEX settled at an all-time high of $90.46/barrel for a gain of $3.36/b Thursday as the energy sector continued to soar in the wake of Wednesday's Energy Information weekly US oil data report. The EIA reported a 5.3 million barrel draw in crude stocks as ...

Dow Polyurethanes Continues Growth in Asia Pacific

Midland, MI - November 13, 2007 Dow Polyurethanes, a business group of The Dow Chemical Company (Dow), announced today that Dow will acquire the remaining shares of Pacific Plastics (Thailand) Limited (PPTL). A joint venture between Dow, Siam Cement Group (SCG) and two other ...

Dow to Exit Hydroxyalkyl Acrylates Market

Midland, MI - November 12, 2007 The Dow Chemical Company ("Dow") announced today its intent to stop producing and marketing hydroxyalkyl acrylates (HAA) by the end of 2007. The HAA product line includes hydroxyethyl acrylate (HEA) and hydroxypropyl acrylate (HPA). These products ...

Arkema increases Sodium Hypochlorite price

12 Nov 2007 - Arkema is announcing a 14% price increase on Sodium Hypochlorite, effective January 1st, 2008. Arkema Group explains this decision by the increase of raw materials, energy and rise of transport tariff important for this type of commodity product. Sodium Hypochlorite ...

Albemarle to raise prices of elemental bromine

Baton Rouge, LA -- Specialty chemicals maker Albemarle, a leading global manufacturer of bromine and bromine derivative chemicals, will increase the global price of its bulk elemental bromine by seven (7) percent, on a delivered basis, effective November 15, 2007, or as contracts ...

Dow Announces Maintenance Turnaround at TDI Facility in Freeport, Texas

13 Nov 2007 - Dow Polyurethanes, a business unit of The Dow Chemical Company, will conduct a scheduled turnaround at its toluene diisocyanate (TDI) production plant in Freeport, Texas, for routine maintenance. The eighteen-day turnaround is scheduled to begin on November 9th and ...

SK Energy to ship benzene/toluene to US West Coast

Korean petrochemicals heavyweight SK Energy, the biggest producer of toluene in Asia, is planning to ship a mammoth load of benzene and toluene to the US Gulf, traders in Asia said Monday. SK Energy was heard planning to load a 21,000 mt benzene/toluene shipment in second-half ...

Lack of chemical demand keeps US MX price near blend value

Blenders in the US were looking to spend 50 cents over gasoline prices for mixed xylene on Monday, putting bids at 290 cents/gal FOB USG for December. Sellers were offering 300 cents/gal FOB USG. "There is no chemical demand," a trading source said Monday morning. "So the price ...

Phase 1 of Iran's Jam Petrochemical Complex to go on stream

The first phase of the Jam Petrochemical Complex in southern Iran will go on stream by the end of current Iranian year (March 19, 2008). It will have the capacity to produce over 1.7 mln tons of ethylene, propylene and olefins. Related downstream industries will commence 1-3 ...

Discovery may lead Brazil to join OPEC

BEIJING, Nov. 12 -- Brazilian President Luiz Inacio Lula de Silva said the discovery of reserves that may total as much as eight billion barrels of oil and natural gas may lead the country to join the Organization of Petroleum Exporting Countries. Brazil won't join for at least ...

Dow Announces Price Increases for Surfactants Effective December 1, 2007

Midland, MI - November 12, 2007 The Dow Chemical Company announced today that its Polyglycols and Surfactants business will increase the North American list and off-list prices of selected TERGITOL , TRITON , and DOWFAX Surfactants, effective December 1, 2007, or as contracts ...

Dow Announces Price Increases of its Epoxy Resins in Asia Pacific

Hong Kong - November 14, 2007 Dow Epoxy, a business unit of The Dow Chemical Company ( Dow ), is announcing price increases for its Epoxy Resins in Asia Pacific. Effective December 1, 2007, or as contract terms allow, D.E.H. epoxy hardeners and D.E.R. liquid, liquid blend, solid, ...

Sinopec starts 20 bln yuan bond issue for pipeline construction

BEIJING, Nov. 13 (Xinhua) -- China Petroleum and Chemical Corp.(Sinopec) on Tuesday started issuing bonds worth 20 billion yuan (2.67 billion U.S. dollars) to finance the construction of a 2,800 kilometer natural gas pipeline from southwestern Sichuan province to Shanghai. All ...

Polyethylene Market Update in North America, November 12, 2007

Volume: Good Price: Steady/higher The spot Polyethylene market was steady this week. While fresh domestic railcar offers remain firmly planted at prices a nickel higher than October, we have yet to see a single purely spot car trade that much higher. Distributors are now ...

Dow Announces Price Increases for CARBOWAX PEGs and MPEGs and Other Polyglycols Effective December 1, 2007

Midland, MI - November 12, 2007 The Dow Chemical Company announced today that its Polyglycols and Surfactants business will increase the North American list and off-list prices of certain CARBOWAX and CARBOWAX SENTRY Polyethylene Glycols (PEGs), Methoxypolyethylene Glycols (MPEGs...

Polymer Market Update in North America, November 12, 2007

The spot resin markets were mixed this past week. Fresh domestic railcar offers were very limited, and those cars that were available were marked higher, generally reflecting the full November increases sought. High volume domestic demand was equally absent from the market, as ...

U.S. crude falls sharply to lowest in two weeks

NEW YORK, Nov. 13 (Xinhua) -- U.S. crude-oil futures fell for a second consecutive day on Tuesday, closing at their lowest price in nearly two weeks. The prices fell sharply after the International Energy Agency cut its estimate of global oil demand and a survey showed the ...

Report: U.S. forecaster sees further jump in gasoline prices

WASHINGTON, Nov. 13 (Xinhua) -- The top forecaster of the U.S. Department of Energy expects gasoline prices to climb an additional 20 cents a gallon by December and said prices could go still higher if OPEC doesn't increase production, The Wall Street Journal reported Tuesday. ...

Indonesia to take measures on roaring oil price

JAKARTA, Nov. 13 (Xinhua) -- Indonesian Vice President Jusuf Kalla said on Tuesday that the country will take measures to deal with the roaring oil price problem which is likely to pass 100 U.S. dollars per barrel. The vice president said that Indonesian government would take a ...

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

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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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