Ethylene glycol manufacturer MEGlobal has announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be $1,000/mt CFT Asian main ports for arrival in August 2015. The new price is $100/mt lower than July 2015 ACP ...
Dow Chemical, which wants to hive off its various stakes in Kuwait’s chemical and petrochemical sectors, will offer its shares to Kuwaiti citizens as an initial public offering (IPO). Kuwait's state news agency KUNA quoted Public ...
Tags: petrochemical sectors, Dow Chemical, Textile
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
"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
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 $1,100/mt CFR main port, unchanged from April, according to a notice to buyers provided by the company. The price reflected "the short-term ...
Tags: MEGlobal, MEG prices
MEGlobal has set its April North American benchmark price for monoethylene glycol at 51 cents/lb, down 3 cents/lb from March levels, a company source said Friday. The reduction was anticipated. Earlier this month, MEGlobal nominated its ...
Tags: PET makers, CFR
December US monoethylene glycol contracts will move lower following a decrease in benchmark price announcements by several major producers. US contracts for fiber and polyethylene terephthalate makers were assessed at 49.25 cents/lb ...
Tags: Monoethylene Glycol, Moving Lower
Ethylene glycol manufacturer MEGlobal has kept its Asian Contract Price (ACP) for monoethylene glycol (MEG) for November 2013 unchanged at October contract prices. The company has announced its Asian contract price for MEG at US$ ...
MEGlobal on Monday nominated its October Asian contract price for monoethylene glycol at $1,220/mt CFR, up $10 from its price for September, a company source said in an email. The October ACP reflects the short-term supply and demand ...
Tags: Chemicals
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
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
MEGlobal on Monday nominated its August Asia contract price for monoethylene glycol at $1,140/mt CFR, up $40 from its price for July, a company source said in an email. "The August 2013 ACP reflects the short term supply/demand situation ...
Tags: Monoethylene Glycol, Chemicals
An initial European monoethylene glycol May contract price was settled lower by Eur55/mt ($71/mt) to Eur965/mt FD NWE Thursday, industry sources said. The parties involved could not be immediately confirmed. The decrease was driven by ...
Tags: Chemicals, monoethylene glycol