"Pricing is always determined by market forces. In terms of value creation, MEG prices are a bargain today. However, MEG has been one of the most attractive ethylene derivatives in the last five years,” says a senior official of a ...
Tags: MEG Prices, Bargain, Textile
Polyethylene terephthalate producer DAK Americas will increase US resin prices 3 cents/lb in July because of rising raw material costs, a letter to customers obtained by Platts on Thursday showed. On Wednesday, fellow US producer Nan Ya ...
Global consumption of monoethylene glycol (MEG), an essential raw material for polyester fibres and polyethylene terephthalate (PET) polymer, is estimated to reach 31337 thousand tons by 2020, according to a new report. In 2013, worldwide ...
Tags: Textile
MEGlobal has rolled over its June North American benchmark for monoethylene glycol at 51 cents/lb, multiple market sources said Friday. The company said earlier this week that its June Asia contract price would decline $20 to $1,080/mt ...
Tags: PET makers, DEG prices
MEGlobal on Thursday nominated its May Asia Contract Price for monoethylene glycol at $1,100/mt CFR main port, unchanged from April, according to a notice to buyers provided by the company. The price reflected "the short-term ...
Tags: MEGlobal, MEG prices
MEGlobal has set its April North American benchmark price for monoethylene glycol at 51 cents/lb, down 3 cents/lb from March levels, a company source said Friday. The reduction was anticipated. Earlier this month, MEGlobal nominated its ...
Tags: PET makers, CFR
Presently, several petrochemical projects are either under construction or expansion and Indonesia is on its way to become self-sufficient in the production of olefins like ethylene and propylene, aromatic and other petrochemical products ...
Tags: Petrochemicals Self-Sufficiency, petrochemical projects
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
New research from Case Western Reserve University and University of Toronto neuroscientists finds that the brains of autistic children generate more information at rest – a 42% increase on average. The study offers a scientific ...
Tags: Autistic Children, social interactions, external stimuli
Hewlett-Packard appears set to re-enter the smartphone market with the launch in India Wednesday of two tablets running the Android OS and offering voice-calling capability. Designed in Asia, the 6-inch diagonal HP Slate6 VoiceTab and the ...
Tags: voice-enabled tablets, multitask
Hewlett-Packard announced Wednesday it was launching a line of "voice tablets," or outsized smartphones, for consumers in India. The devices will be the first smartphones from the US computer giant since it stopped production of Palm ...
Tags: Voice Tablets, Tablets, Consumer Electronics, Computer Products
Damodar Industries witnessed a 50 per cent growth in net sales during quarter ended September 2013, driven by robust export revenues amidst increased demand for the value-added yarn from China and rupee’s depreciation against the US ...
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows. HP will eliminate 34,000 positions by the end of its fiscal year ...
Tags: Hewlett-Packard, unemployment