Chinese purified terephthalic acid producers BP and Hengli have deferred the startup of their new PTA plants to 2015 from the fourth quarter this year, amid negative PTA margins, sources close to the company said Friday. The startup of BP ...
Indian polyester yarn makers witnessed a sharp drop in their bottom-line during second quarter ended September 2013, hit by rise in prices of raw materials such as Purified Terephthalic Acid (PTA) and Monoethylene Glycol (MEG), which the ...
Tags: polyester yarn, High Raw Material
Technip announces the extension of its long-standing agreement with BP in the purified terephthalic acid (PTA)(1) domain. Technip will now also become the exclusive provider of the ISBL (Inside Battery Limit) FEED (front-end engineering and ...
Technip announces the extension of its long-standing agreement with BP in the purified terephthalic acid (PTA) domain. Technip will now also become the exclusive provider of the ISBL (Inside Battery Limit) FEED (front-end engineering and ...
Tags: Technip, BP, PTA, third-party licensing
US-based bio-fuel manufacturer Virent has collaborated with petroleum alternatives licensor Renmatix to convert affordable cellulosic sugars to renewable chemicals and bio-based packaging materials. Under the partnership, Renmatix will ...
Tags: Packaging Materials, Packaging
Annual paraxylene term negotiations for 2014 have gotten off to a slow start in Asia, and talks are expected to be protracted, as the supply/demand fundamentals are expected to change significantly halfway through next year, sources ...
Tags: paraxylene term, Chemicals
The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
Bioplastics are emerging as viable alternatives to petroleum-based polymers. This quiet revolution goes well beyond the standard drivers for sustainably sourced and/or compostable materials. I attended the 2013 BioPlastek conference in San ...
Tags: Bioplastic Revolution
Paraxylene market participants expect another tough round of negotiations for the Asian Contract Price for October amid tight PX supplies and a bearish downstream purified terephthalic acid market, sources close to the negotiations said ...
Tags: Chemicals
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
The CFR Taiwan/China paraxylene price benchmark fell $8.50/mt from Friday to be pegged at $1,511.50/mt early Monday, after negotiators reached no settlement for September Asian Contract Prices, market sources said. Market sources said ...
The August US paraxylene contract price settled at 73.5 cents/lb ($1,620.38/mt), an increase of 2.5 cents from July's contract price, sources said Tuesday. The settlement is in line with most market expectations for an increase, because ...
Tags: paraxylene, spot PX
The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding ...
Tags: PTA Demand, textile
July contract prices for US polyethylene terephthalate are likely to fall, a producer sources said Wednesday, predicting that lower feedstock prices could lead to a 1 cent/lb drop from June levels. US PET June contracts were assessed at ...
Tags: pet, Pet Contract, polyethylene terephthalate, Chemicals
July contract prices for US polyethylene terephthalate are likely to fall, a producer sources said Wednesday, predicting that lower feedstock prices could lead to a 1 cent/lb drop from June levels. US PET June contracts were assessed at ...
Tags: Feedstocks, Pet Contract Prices