The Asia Contract Price for paraxylene is likely to reach a settlement for June, after no conclusion for May, as a firmer purified terephthalic acid production margin has narrowed the gap between buyers and sellers, sources close to the ...
Tags: paraxylene, Chemicals
The Asian purified terephthalic acid margin on a spot basis hit a 10-month high Tuesday amid the bearish market for feedstock paraxylene due to active selling by Chinese PTA producers, Platts data showed. Based on Platts PTA and PX ...
The backwardation structure in the Asian paraxylene market narrowed to $2/mt Thursday from $5/mt Wednesday as front-month laycans were seen to be weaker than back-month and amid heavy spot PX selling by Chinese purified terephthalic acid ...
Tags: Chemicals, PTA producers
Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly between four PX producers and five PTA ...
Tags: PTA, PX Feedstock, ACP
China’s chemical project in Kunming, capital city of Yunnan province, is still being discussed and evaluated for setting up a project for production of paraxylene or PX, company officials of China National Petroleum Corp (CNPC) said ...
Tags: CNPC, PX Project, Textile
In view of the protests staged last week, China Government has left it to the public to decide to allow China National Petrochemical Corp. (CNPC) to establish a new chemical plant in Kunming, capital city of Yunnan Province in south-west ...
Tags: Metallurgy, Mineral, Energy
The formula-driven April US terephthalic acid price was heard set Monday at 61.57 cents/lb ($1,357/mt), a 4.98 cents/lb decrease from March after the settlement of the US paraxylene contract, industry sources said. US PTA contracts are ...
Tags: US PTA Price, PTA Price
EPC Abengoa is to use PX® technology from Energy Recovery Inc. in two desalination plants in Ghana and Oman. Energy Recovery adds that both of these arid countries are home to growing populations with limited access to fresh water ...
Tags: Energy Recovery, Desalination Deals, Processing Machinery
US spot paraxylene jumped $55/mt this past week amid stronger demand from Asia, industry sources said Friday. Thursday's spot PX assessment of $1,445/mt FOB US Gulf Coast marks the highest level since March 25, when it was assessed at ...
Tags: US Spot PX, Chemicals
After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
The well known lighting design and manufacturing company OSRAM has accomplished the task of possibly building the largest light bulb ever? This light bulb / lamp was built to fill the complete interior of the back of the OSRAM’s ...
Tags: OSRAM, Light Bulb Truck, Light Bulb
Western Digital subsidiary HGST today announced the its first solid-state drives (SSD) that sport a 12Gbps serial-attached SCSI (SAS) interface. The 2.5-in., enterprise-class SSD family ups the SAS interface bandwidth by 2X and boosts ...
Tags: Electrical, Electronics
Japanese refiner Idemitsu Kosan has nominated the April paraxylene Asian Contract Price at $1,600/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- ExxonMobil, Idemitsu Kosan, Japan's JX ...
Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
Taiwan-based Formosa Chemical and Fibre Corp (FCFC) plans to undertake maintenance turnaround at its line No.1 of its aromatics plant in March 2013. “The line No.1 of our aromatics plant will undergo a scheduled maintenance ...
Tags: aromatics plant, Chemical, Fibre