December US monoethylene glycol contracts will move lower following a decrease in benchmark price announcements by several major producers. US contracts for fiber and polyethylene terephthalate makers were assessed at 49.25 cents/lb ...
Tags: Monoethylene Glycol, Moving Lower
Indorama Ventures received both the prestigious Board of the Year and Audit Committee of the Year awards at the 2013 Institute of Directors Award night at the Shangri-La Hotel. on 27 November. The awards were organized by the Thai ...
Tags: Indorama Ventures, Board of the Year, Audit Committee of the Year
Indorama Ventures Public Company Limited (IVL), the world’s largest Polyester value chain company, saw an improvement in its business in the third quarter of 2013, with revenue climbing by 11% to US$1.9 billion from US$1.7 billion in ...
Tags: Polyester
China National Petroleum Corporation (CNPC) states in a press release that the company will join forces with NHC Uzbekneftegas to research cooperation feasibilities in two blocks in the central Asian country; the two sides will set up a ...
Tags: Metallurgy, Mineral, Energy
US monoethylene glycol contracts are set to move higher in September, with multiple producers planning to increase prices, sources said Thursday. MEGlobal is raising its North American Benchmark price to 60 cents/lb ($1,323/mt), a 3 ...
Tags: monoethylene glycol
Indorama Ventures Public Company Limited (IVL), the world’s largest PET company, achieved total sales revenue of US$ 1.9 billion in the second quarter of 2013, a rise of 9% over the same period last year. Margin gains in Asia ...
Tags: Pet Company
The European monoethylene glycol May contract price was fully settled Thursday Eur965/mt ($1,252/mt) FD NWE, industry sources said Friday. It represents a fall of Eur55/mt from April The initial settlement was between Shell as a seller ...
Tags: Monoethylene Glycol, Chemicals
Indorama Ventures Public Company Limited (IVL), the world’s largest PET Company, achieved sales revenue of approximately US$ 1.9 billion in the first quarter of 2013, compared to US$ 1.6 billion revenue reported in the fourth quarter ...
Tags: Textile, Indorama Ventures
Indorama Corp, a Singapore-based textile raw material and petrochemicals producing firm, which marks its presence in India through its fully-owned subsidiary – Indorama Industries Ltd – has unveiled its plan to increase the ...
Tags: Indorama, textile raw material, textile
Governor Dr. Robert Bentley announced that Indorama Ventures Public Company Limited, the world’s leading manufacturer of PET resins, will invest $190 million to build a new manufacturing plant adjacent to its current site on Finley ...
Tags: PET Plant, Textile, Indorama Ventures
Thailand-based Indorama Ventures has shut a polyethylene terephthalate (PET) plant for a maintenance turnaround. “The plant located in Klaipeda, Lithuania was shut in end-March 2013 and is likely to remain off-stream for around ...
Tags: PET plant, Indorama Ventures
Thai manufacturer of PET resins, Indorama Ventures (IVL) has announced plans to invest $190m to construct a new manufacturing plant adjacent to its existing site near the Tennessee River at Decatur, Morgan County, US. Construction of the ...
Tags: PET resins, fibers, Packaging
US polyethylene terephthalate contracts settled 2.75-3 cents/lb higher for February, multiple sources said Friday. February PET contracts were assessed at 87.75-88.75 cents/lb US railcar ($1,935-1,957/mt), a 3 cents/lb increase over ...
Indorama Ventures Public Company Limited (IVL), the world’s leading vertically integrated Polyester Value Chain producer, saw revenues rise by US$ 678 m to US$ 6.78 billion in 2012. The general sentiments for commodity Polyester value ...
Tags: Indorama Ventures, Textile, Polyester
The European monoethylene glycol January contract price was fully settled Wednesday at Eur1,068/mt ($1,422/mt) FD NWE, industry sources said Thursday. This represents an increase of Eur20/mt on December. The initial settlement ...
Tags: monoethylene glycol, Europe, monoethylene glycol price