Monoethylene Glycol articles & resources on Made-in-China.com

NWE Monoethylene Glycol Prices Stabilize After Spike

Nov 25, 2015

The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...

Tags: glycol, diethylene glycol, feedstock EO

MEGlobal Announces ACP for MEG to Be $1,000/Mt CFT Asian Main Ports for Arrival in Aug

Jul 24, 2015

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 ...

Tags: Ethylene glycol, monoethylene glycol

Asian PET Margins Remain Positive on Demand Peak

May 18, 2015

Asian polyethylene terephthalate production margins remain in positive territory despite a sharp fall in PET prices Wednesday, May 13, underpinned by seasonal demand peak and even sharper falls in feedstock prices, Platts data shows. ...

Tags: PET prices, PET exports, Polyethylene Terephthalate

Dow to Reconfigure and Reduce Equity Base in Meglobal and Greater Equate Joint Ventures

Nov 17, 2014

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

DAK Americas to Increase US Resin Prices 3 Cents/Lb in July Because of Rising Costs

Jun 23, 2014

Polyethylene terephthalate producer DAK Americas will increase US resin prices 3 cents/lb in July because of rising raw material costs, a letter to customers obtained by Platts on Thursday showed. On Wednesday, fellow US producer Nan Ya ...

Tags: Polyethylene terephthalate, DAK Americas

MEG Is Estimated to Reach 31337 Thousand Tons by 2020

Jun 6, 2014

Global consumption of monoethylene glycol (MEG), an essential raw material for polyester fibres and polyethylene terephthalate (PET) polymer, is estimated to reach 31337 thousand tons by 2020, according to a new report. In 2013, worldwide ...

Tags: Textile

Northwest European Spot Styrene Values Rallied $45/Mt in Reaction to The Fire

Jun 6, 2014

Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...

Tags: spot styrene, specific material

Petro Rabigh's Expansion Has Turned It Into One of The Strongest "Volume Growth Stories"

May 22, 2014

Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...

Tags: Petrochemical, Sumitomo Chemical

MEGlobal Has Rolled Over Its June North American Benchmark for Monoethylene Glycol

May 21, 2014

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 Nominated Its May Asia Contract Price for Monoethylene Glycol

Apr 14, 2014

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 April North American Benchmark Price for Monoethylene Glycol

Apr 1, 2014

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

European Prices for Polyethylene Terephthalate Have Fallen to Their Lowest Levels

Mar 4, 2014

European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...

Tags: Polyethylene Terephthalate, Chemicals

High Inventories Have Pushed The Spot Price of Monoethylene Glycol in China

Feb 26, 2014

High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...

Tags: MEG Prices, Domestic Market

Axiall Corporation and Lotte Chemical Announced That They Have Signed a Heads of Agreement

Feb 12, 2014

Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...

Tags: Ethane Cracker, Textile

Indian Polyester Yarn Makers Witnessed a Sharp Drop in Their Bottom-Line

Dec 18, 2013

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

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