Industry Views of chemicals - Made-in-China.com

It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities

Jun 7, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,14 commodities increased in prices, 25 fell and 61 remained unchanged on 31/05/2013.The largest rises were Silver (1.44%),Zinc (0.74%),Copper (0.64%),while the largest ...

Tags: China, Chemicals, Commodities Price

Pertamina Has Signed Sales and Purchase Agreements with PTT Polymer Marketing

Jun 7, 2013

Indonesia's state-owned oil and gas company Pertamina has signed sales and purchase agreements with PTT Polymer Marketing, a unit of Thailand's PTT Global Chemical, for polyethylene and polypropylene products, a Pertamina official said ...

Tags: Indonesia, Chemicals, Pertamina

Styrolution Europe Has Nominated a Eur25/mt Increase in Its Polystyrene Contract Price

Jun 7, 2013

Styrolution Europe has nominated a Eur25/mt increase in its polystyrene contract price for June from May, the company said Tuesday. The company did not provide an outright value for its contracts but added that the premium of its high ...

Tags: GPPS, Styrolution, Chemicals

Ascend Performance Materials Experienced a Plant-wide Outage

Jun 7, 2013

Ascend Performance Materials experienced a plant-wide outage that caused unauthorized emissions at its Chocolate Bayou, Texas, chemical facility on Monday, the company said in a filing Tuesday with the Texas Commission on Environmental ...

Tags: Chemicals, Chocolate Bayou facility, Plant

Sustained Weak Demand From North Asian LNG End-users Has Shown Little Sign of Recovering

Jun 7, 2013

Sustained weak demand from North Asian LNG end-users, reflected in the slump in spot prices, has shown little sign of recovering despite the start of the traditionally stronger summer season. Coming out of the April-May shoulder months, ...

Tags: Chemicals

Japan's Inpex Signed Tuesday Shipbuilding and Shipping Contracts for Two New LNG Tankers

Jun 7, 2013

Japan's Inpex signed Tuesday shipbuilding and shipping contracts for two new LNG tankers, which will deliver cargoes to its new Naoetsu import terminal as well as to Taiwan's CPC from the Ichthys project in northern Australia, a company ...

Tags: Inpex, Tanker Charter Deal, Chemicals

Gazprom Is Conducting a New Round of Gas Talks with a Number of Its Key European Clients

Jun 7, 2013

Gazprom is conducting a new round of gas talks with a number of its key European clients, including Italy's Eni and France's GDF, to revise down prices under long-term oil-indexed contracts, deputy CEO Alexander Medvedev said Tuesday, ...

Tags: Gazprom, Chemicals, Gas Price

Synthos Has Begun an Emergency Shutdown of All Units at Its Petrochemical Complex

Jun 5, 2013

Polish chemical producer Synthos has begun an emergency shutdown of all units at its petrochemical complex in Kralupy, Czech Republic due to extreme flooding by the Vltava river, a company source said Monday. "We are closing production of ...

Tags: Petrochemical, Vltava Floods

US Styrene to Benzene Spread Remained Above $300/mt for Much of The Last Week

Jun 5, 2013

The US styrene to benzene spread remained above $300/mt for much of the last week, with the spread at $303.66/mt Monday, according to Platts data. US spot styrene lowered 0.05 cent/lb ($1.10/mt) day on day to a Monday assessment at 72.50 ...

Tags: Styrene-Benzene, Chemicals

Asian Thermal Coal Market Is Cautiously Awaiting a Decision From China

Jun 5, 2013

The Asian thermal coal market is cautiously awaiting a decision from China, wondering if Beijing is serious about imposing a ban on imports of low calorific value coal, according to a range of market players interviewed by Platts Monday at ...

Tags: Low CV Coal, Import Ban

There Has Been Some Uneconomic Duplication of Facilities

Jun 5, 2013

There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...

Tags: LNG Terminals, Chemicals

BP Has Become The Second Oil and Gas Major in a Day

Jun 5, 2013

BP has become the second oil and gas major in a day to announce it would have a new chief for its Australian operations, following fast on the heels of a similar announcement by ExxonMobil. Andy Holmes has been appointed president of BP ...

Tags: Exxonmobil, Chemicals

NYMEX July Crude Settled $1.48 Higher at $93.45/barrel Monday

Jun 5, 2013

NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...

Tags: Oil Complex, Us Dollar

Average Production Margin for Asian Purified Terephthalic Acid Rose to Minus $48.89/mt

Jun 5, 2013

The average production margin for Asian purified terephthalic acid in May rose to minus $48.89/mt, the highest level seen since July 2012, amid firm PTA demand for polyester, Platts data showed. In April, the average stood at minus ...

Tags: Polyester, PTA

US Energy Secretary Ernest Moniz Indicated Thursday

Jun 4, 2013

US Energy Secretary Ernest Moniz indicated Thursday that decisions on at least some of the pending applications to export US liquefied natural gas would be made before the end of the year. During his first appearance before the House ...

Tags: LNG-Export, Chemicals

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