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661 record found.

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

Hanwha Total H1 net profit down 61%

South Korean producer’s earnings plunge amid weak prices and disruptions...

  • 16.08.2019

Korean Hanwha restarts cracker after unexpected outage

The cracker was shut following a lightning strike last week…

  • 30.07.2019

LATEST NEWS: Korea’s Hanwha forced to shut Daesan units on power outage

A naphtha cracker and its derivative units were hit by a lightning strike…

  • 26.07.2019

South Korean LG Chemical’s net profit plunges 83% in Q2

The lower figures were mainly attributed to worsened petrochemical conditions…

  • 26.07.2019

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

The initial duties expired on July 24…

  • 25.07.2019

US launches ADD probe on PET sheet from Korea, Mexico and Oman

The Commission is expected to reach a preliminary decision in 45 days...

  • 19.07.2019

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

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

  • 11.07.2019

China’s export PET market faces correction after rising 10% from two-year-low

PET markets in China have posted slight decreases recently following three consecutive weeks of gains, which is regarded as a correction among players since export prices out of China hit a two-year-low in mid-June and rose almost $100/ton in the following weeks, suggests ChemOrbis Price Index...

  • 10.07.2019

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

Saudi Advanced and Korean SK Gas sign deals for new petchem projects

Projects include a new cracker as well as a PDH unit and a PP compounding unit…

  • 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

Korean producer cuts HDPE offers further to China, Vietnam

Demand remains disappointing amidst ongoing concerns about trade tensions...

  • 11.06.2019

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

Will supply woes prompt further PVC price hikes in Asia?

Import PVC prices in India, China and Southeast Asia chased a stable trend during the last days of May as trading activity was limited. Players retreated to the sidelines after wrapping up their business for June with $10-30/ton hikes from May while initial expectations for July started to be voiced...

  • 30.05.2019

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

Korean producer issues June PS, ABS prices to Turkey

The latest offers represented visible drops from May…

  • 24.05.2019

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

Korean PET prices see fresh round of declines

Price cuts have been attributed to weaker upstream costs along with...

  • 21.05.2019

South Korean producer reveals June PVC offers to India

New offers are higher when compared to May...

  • 15.05.2019

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

661 record found.
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