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Industry Views
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The Growth of Indonesian Polyester Industry Is Likely in 7%
Feb 25, 2013The polyester manufacturing industry in Indonesia is likely to grow by seven percent this year, according to PT Asia Pacific Fibers (APF), the largest polyester producer in Indonesia. The polyester business in Indonesia is expected to ...
Tags: polyester industry, polyester manufacturing industry, polyester producer
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Turnaround at Meg Plant Is Planed by Mitsui Chemical
Feb 25, 2013Japanese based Mitsui Chemicals has scheduled a maintenance turnaround at its Monoethylene Glycol (MEG) plant in the third quarter of 2013. A Mitsui official told fibre2fashion, "The company has scheduled a maintenance turnaround in ...
Tags: MEG plant, Monoethylene Glycol, MEG
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The Price Gap Hit Its Widest 11-Month High Monday
Feb 25, 2013The price gap between imported and domestically produced styrene monomer in key consumer market China, which hit its widest 11-month high Monday, may dampen demand for imports and potentially restrict buoyant global SM prices, market ...
Tags: styrene monomer, SM prices, China
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US Crude Production Rose to 7.01 Million B/D in January for The First Time in 20 Years
Feb 25, 2013US crude production rose to 7.01 million b/d in January for the first time in 20 years, the American Petroleum Institute said Thursday. Domestic crude production, including condensate, was up 14.3% from output of 6.14 million b/d in ...
Tags: crude production, US, etroleum Institute
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The White House Wednesday Unveiled Details of an Infrastructure Spending Plan
Feb 22, 2013The White House Wednesday unveiled details of an infrastructure spending plan that includes faster approvals for certain energy projects. The plan, which calls for spending $50 billion on transportation infrastructure and new partnerships ...
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The Spread Widened in Asia to a 15-Month High of $331.50/mt Monday
Feb 22, 2013The spread between styrene monomer and its main feedstock benzene widened in Asia to a 15-month high of $331.50/mt Monday, as SM prices are supported by a series of plant turnarounds while benzene was on a downtrend along with US prices, ...
Tags: Asia, Weaker Benzene, Chemicals
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The European-delivered Thermal Coal Market Traded at Its Highest Level in Over Two Months
Feb 21, 2013The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
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Southeast Asia's LNG Demand Would Represent a Third of Asian LNG Demand Growth by 2025
Feb 21, 2013Southeast Asia's LNG demand would represent a third of Asian LNG demand growth by 2025, while India's would represent one-seventh, Nicholas Browne, Senior Gas Market Analyst at Wood Mackenzie said Wednesday. Total Southeast Asian LNG ...
Tags: Southeast Asian, Wood Mackenzie, Chemicals
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European Solvents Producers Are Under Pressure to Increase Prices
Feb 21, 2013European solvents producers are under pressure to increase prices due to the drop in the value of the euro against the dollar despite poor-to-stable demand, sources said this week. In some cases, firm feedstock prices for most of February ...
Tags: NWE, European solvents, Chemicals
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Polystyrene and Styrene Industries Are Concerned
Feb 20, 2013The US polystyrene and styrene industries are concerned, but confident after New York Mayor Michael Bloomberg called for the city to adopt a law banning expandable polystyrene foam from stores and restaurants, market sources said Friday. ...
Tags: Polystyrene, styrene, polystyrene foam
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UK Government Friday Gave Its Consent to Norway's Statoil to Go Ahead with The $7 Billion
Feb 19, 2013The UK government Friday gave its consent to Norway's Statoil to go ahead with the $7 billion Mariner oil field development which is set to be the UK's biggest new North Sea project in more than a decade. Statoil took the final ...
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Japanese Demand for Heating Kerosene Appears to Be Passing out of Its Peak Annual Period
Feb 19, 2013Japanese demand for heating kerosene appears to be passing out of its peak annual period, as the country starts to experience warmer temperatures against the same time of last year, industry sources said Friday. Japan's kerosene ...
Tags: kerosene, Japan, Warm Weather
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Asia's Polymer Market Has Shrugged off China's New Preferential Import Duties
Feb 19, 2013Asia's polymer market has shrugged off China's new preferential import duties for polyethylene from some countries, as the minimum price for the tax reduction to kick in is seen as too high and trade flows from these nations are almost ...
Tags: Asia, polymer market, polyethylene
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Cherwell Laboratories Appoint of Abdulmajeed Raji as Microbiology Product Specialist
Feb 19, 2013Cherwell Laboratories, specialists in products for environmental monitoring and process validation are pleased to announce the appointment of Abdulmajeed Raji (Ph.D Microbiology) as Microbiology Product Specialist. Abdul has had many ...
Tags: Industrial Microbiology Expertise, environmental monitoring
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Polypropylene(PP) Is a Common,Commercial Engineering Plastic
Feb 19, 2013Polypropylene (PP) is a common, commercial engineering plastic that is tough, flexible and can be manufactured via extrusion film casting (EFC). Most commercial PP is isotactic with all methyl groups orientated on the same side of the ...
