Demand in the Turkish polymer market has slumped as riots have erupted in major cities and the local currency has tumbled, sources said this week. "There is instability, and the issue of payments, caused by political unrest. It is very ...
Iran's Petrochemical Commercial Co is expected to offer more LPG to Asia after selling a cargo to South Korea, possibly its first to this region in 2013 since an EU ban late last year, by using ships made available for CFR deliveries, ...
Chemical Marketing and Economics (CM&E), the business and investment group of the American Chemical Society’s New York Section (ACS NY), has awarded Marcelo Odebrecht, president and CEO of Odebrecht S.A., has been honored with the ...
Tags: CM&E Group, Construction
The spot market for LPG cargoes loading out of the Middle East has softened amid weak demand from Asian buyers, according to market sources. This was reflected in the spot cargo price differentials, with Arcadia heard selling 44,000 mt of ...
The petrochemical production capacity of Iran is likely to reach 100 million tons by 2015, Mr. Abdolhossein Bayat, an Iranian Deputy Oil Minister, has said. Mr. Bayat, who is also the managing director of National Petrochemical Company ...
Petkim,the Turkish petrochemical producer,is pursuing a project,which would boost the purified terephthalic acid(PTA)capacity of its Aliaga plant by 50 percent,a company statement said. The project would raise the capacity of the ...
The Government of Indonesia wants the country to become net exporter of petrochemical goods by 2016 from its current status of net importer, and hence it is developing two new upstream petrochemical centres. Muara Enim in South ...
Tags: petrochemicals, petrochemical goods, petrochemical centres
Turkish petrochemical producer Petkim posted Tuesday a second consecutive increase in its list prices, industry sources said. It followed a similar announcement last week. Low density polyethylene and high density PE film prices were ...
Tags: company news, Polymer, LDPE
Oman Oil Company (OOC), a state-run enterprise, intends to develop a huge US$ 800 million petrochemical project in Sohar. The project is intended to facilitate production of one million tons of purified terephthalic acid (PTA) and ...
Tags: OOC, PTA plant, petrochemical project, home textile