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60 record found.

Rosneft signs cooperation deal with Japanese government agency

The parties formed a joint committee for the development of strategic cooperation and implementation of new projects…

  • 06.09.2019

Export PET prices from China signal stabilization after 6 weeks of declines

Players in the Asian PET markets began exercising caution late last week, with several considering the possibility that the current downturn may be coming to an end after a six-week period of consecutive declines...

  • 20.08.2019

Korean Hanwha restarts cracker after unexpected outage

The cracker was shut following a lightning strike last week…

  • 30.07.2019

India extends ADD on PTA from Korea, Thailand by five years

The initial duties expired on July 24…

  • 25.07.2019

Asian ABS players turn cautious after recent rally

Import ABS markets in China and Southeast Asia ended last week with additional increases, supported by strong upstream styrene costs and lower stocks. However, the tide seems to be turning as players have turned cautious in view of the weak state of demand and the recent plunge in ACN costs...

  • 16.07.2019

South Korea’s Hyundai Oilbank to expand PX capacity in Daesan

The capacity will increase to 1.36 million tons/year...

  • 11.07.2019

Export PET offers from S. Korea, Taiwan gain ground

Prices for both origins have moved back above the $1000/ton FOB threshold...

  • 05.07.2019

S-Oil inaugurates new complex, inks deal with Aramco for cracker project

The new facilities are expected to supply high-value products to major Korean industries…

  • 26.06.2019

WR Grace licenses PP process technology to Hyundai Chemical

Grace’s technology will be used to produce 250,000 tons/year of PP…

  • 19.06.2019

G20 to address marine plastic litter in upcoming meeting

Japanese Ministry of the Environment will co-organize the meeting addressing the issue…

  • 14.06.2019

UK and Korea sign joint statement for post-Brexit trade

The agreement will be subject to formal checks before being signed formally…

  • 11.06.2019

South Korea’s LG Chemical cuts ABS rates on poor margins

The company reduced the operating rates to 50% in Yeochon...

  • 07.06.2019

S. Korean, Taiwanese producers cut export PET offers further

The latest round of price cuts was attributed to lower upstream costs...

  • 28.05.2019

PET prices hit new lows in Asia, Europe and Mediterranean markets

PET prices have been declining globally since the second half of April amid disappointing demand and many major markets touched fresh lows as of the end of last week. China has been the primary driver of this bearish trend due to sharp declines in upstream values, as well as the dampened market sentiment amid the trade war with the US...

  • 28.05.2019

Hyundai picks Univation as licensor for HDPE plant in Korea

The new plant will utilize a broad range of Univation’s product technology portfolio…

  • 21.05.2019

Export PET offers from S. Korea break below $1100 level

A Korean producer applied fresh decreases of $10-20/ton on its prices...

  • 14.05.2019

South Korea’s Hanwha declares force majeure on styrene

Force majeure has been declared because of ongoing labor strikes…

  • 13.05.2019

More producers announce May PX contracts to Asia

The nominations stand $20-60/ton above the previous settlement…

  • 26.04.2019

Asian spot naphtha prices climb to 6-month high on surging crude

After rallying by more than 30% since early January, spot naphtha prices in Asia touched their highest in almost six months as of this week, nearing the $600/ton threshold, based on the weekly average data from ChemOrbis Price Wizard...

  • 24.04.2019

Asian PS markets touch 4-month high amid volatile styrene

In China and Southeast Asia, import PS prices have maintained their stable to slightly firmer trend which has been mostly in place since the markets hit a more than one-year low in around early December...

  • 18.03.2019

Formosa to increase investment in US petchem project

Three Formosa subsidiaries will make an additional investment of up to $150 million…

  • 13.03.2019

Taiwan’s Formosa to shut vinyls units for maintenance

The turnarounds will start in March…

  • 20.02.2019

South Korea’s Lotte Chem reports lower profit for Q4

Earnings fell significantly due to the regular maintenance shutdowns…

  • 12.02.2019

Japan’s Asahi Kasei reports lower financial results for Q3

Net income plunged by 47.5% amid a sharp slowdown in chemicals segment…

  • 07.02.2019

LG Chem selects technology licensor for new PE plants

Univation will license its PE technology for the company’s two new plants in Korea…

  • 05.02.2019

60 record found.
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