Analytics & News

Indonesia's Sulfindo Suspends March PVC Exports

03 Feb 2010

Indonesia’s Sulfindo Adiusaha has announced that it plans to suspend its PVC export offers for the coming month owing to an ongoing maintenance at their 80,000 tons/year PVC plant in Indonesia. The plant, which was scheduled to restart in late...

US Propylene Producers Seek to Hike Prices for February...

29 Jan 2010

US propylene producers have nominated increases of up to 14% for February contracts, due to tight supply amid low refinery operating rates. This will extend an uptrend that began in November, when contracts started to climb on the back of tight suppl...

DSM Announces Start Up of Wet Polyester, Specialty Resin...

29 Jan 2010

Royal DSM N.V. has started up a new plant for the production of wet polyesters and other specialty resins at the existing site of DSM NeoResins in Meppen (Germany) at an investment outlay of €15 mln. Further expansion of capacity is possible in the f...

World Demand for ABS Expanded by 4.5% in 2009

29 Jan 2010

World demand for acrylonitrile-butadiene-styrene (ABS) expanded by 4,5% in 2009 although the demand was considerably affected by output reductions in the automotive industry, as per MarketPublishers.com. With construction and automotive industries re...

Rising Ethylene Costs Firm Outlook for Polyethylene in E...

28 Jan 2010

Persistent derivative demand amid limited supplies has been pushing up ethylene prices as spot prices have risen by about €80-85/ton this month in Europe. As per Chemorbis, despite recent losses in the energy markets, firmer ethylene prices were...

Aromatic Chemicals Prices Erupt

27 Jan 2010

Spot prices across the aromatics chain of chemicals are up this month due to tight supply of prompt-delivery materials. Reason: Reduced output at crackers by producers using this wintertime period of weak domestic demand to perform needed maintenance...

DINA-Petrokemija Croatia Production Begins

27 Jan 2010

Croatian petrochemicals company DINA-Petrokemija has started work on a polyethylene plant after an €18m ($35m) expansion, in Omisalj on northern Krk Island. The upgraded plant is expected to increase the production capacity by 30% from 70,000 to...

Domestic PP, PE Prices Continue to Rise in Indonesia

27 Jan 2010

Domestic PP and PE prices continue to gain ground this week in Indonesia due to extremely limited avails domestically amid higher feedstock prices. As per Chemorbis, domestic PP producers announced an increase of US$30/ton on their offers this week,...

Southeast Asia PS Market (25 January)

26 Jan 2010

A buyer was offered Taiwanese GPPS extrusion CIF Philippines, subject to 15% customs duty, cash at $1430/ton A buyer was offered Philippine GPPS extrusion FD Philippines, 60 days deferred payment inc VAT at PHP82500/ton ($1605/ton without VAT) A bu...

Dow Announces Vinyl Acetate Monomer Price Increase

26 Jan 2010

Dow Performance Monomers announced that it will increase the off schedule price globally for Vinyl Acetate Monomer (VAM), effective February 1, 2010, or as contracts allow. This increase is in addition to the increase effective January 1, 2010...

Dow Coating Materials Announces Price Increases for Acry...

25 Jan 2010

Dow Coating Materials will implement a price increase in Europe, including central and eastern Europe and Russia, for all products sold to the architectural and industrial coatings markets. The increase, effective February 1, 2010, or as contracts al...

Bioamber Commissions World's First Renewable Succinic Ac...

25 Jan 2010

Bioamber, a joint venture between US-based DNP Green Technology andFrance-based ARD (Agro-industrie Recherches et Developpements), announces the successful start-up and commissioning of the world's first bio-based succinic acid plant. Since December...

Olin Declares Force Majeure on Chlor-alkalis from Alabam...

22 Jan 2010

Chlor-alkali producer Olin Corp. said an unexpected equipment failure at its McIntosh, Ala. plant forced the company to declare force majeure on a list of products made at the plant. Olin said in a statement the plant's production of the followi...

House and Outdoor Plants Market in Netherlands: Business...

22 Jan 2010

The Market Publishers, Ltd. has recently presented the comprehensive research of House and Outdoor Plants Market in Netherlands, which offers business report on House and Outdoor Plants Market and purchase activity monitoring within the sector. Besid...

Honey and Bee Products Market in Malaysia: Business Repo...

21 Jan 2010

The Market Publishers, Ltd. has recently presented the comprehensive research of Honey and Bee Products Market in Malaysia, which offers business report on Honey and Bee Products Market and purchase activity monitoring within the sector. Besides, the...

Prices of Coal and Other Bulk Commodities Surged Signifi...

19 Jan 2010

It is reported that steam coal price firstly broke U.S.$100 per ton for more than one year. The heavy snow in the northern areas of China affected the works of mining and railway transportation, the cold weather accelerated China to turn from exporte...

Crude Oil Rises for the First Time in Six Days

19 Jan 2010

As the dollar weakened, crude oil for February delivery rose to US$78.6 in electronic trading on the Nymex, rising for the first time in six days after falling by 5.7% last week. This week’s dip is the first weekly decline in five weeks. The dollar f...

Limited Availability of Raw Materials like PVC in Saudi...

19 Jan 2010

PVC is the dominant feedstock on global plastic pipe market. Moreover approximately 40% of all PVC produced is used in pipe and fittings manufacturing. It is expected that in the nearest future demand for PVC in the Middle East will exceed supply....

Germany's Lanxess Brings Forward Singapore Project

18 Jan 2010

German chemicals giant Lanxess said Monday it has brought forward the building of a 575 million US dollar rubber plant in Singapore to meet demand for tyres as car sales in the region soar. Company officials told a news conference that construct...

Iogen Cellulosic Ethanol Production Doubles

18 Jan 2010

Canadian biotechnology company Iogen Corporation said it produced 581,000l of cellulosic ethanol in 2009, more than double its fuel production in 2008. Iogen's production in 2009 also surpassed the one million litre mark in cumulative production...

Flower Seeds and Bulbs Market in Macedonia: Business Rep...

18 Jan 2010

The Market Publishers, Ltd. has recently presented the comprehensive research of Flower Seeds and Bulbs Market in Macedonia, which offers business report on Flower Seeds and Bulbs Market and purchase activity monitoring within the sector. Besides, th...

World Demand for Acetone to Increase at the Average of 4...

15 Jan 2010

World market for Acetone is expected to grow in the coming years. It largely depends on the situation with its derivatives markets: BPA and MMA. Global growth at 6-8% a year is predicted for BPA market in 2010. Moreover, it is expected that BPA m...

Global Plastic Additives Market to Zoom to $45.8 bn

14 Jan 2010

The global market for plastics additives is st to zomm to $45.8 bn in 2014 registering a compound annual growth rate of 4.1%, according to a technical market research report, Plastic Additives: The Global Market from BCC Research. The global mar...

Titanium Metal Stocks in Excess as World Commercial Jetl...

14 Jan 2010

Domestic titanium producers don't expect an immediate pickup from current "very weak" demand as commercial jetliner manufacturing isn't expected to improve until late next year at the earliest. Another depressant for producers is an estimated 35 mill...

European Polyethylene Buyers Face Heavy Pressure

14 Jan 2010

Low inventory levels amid soaring upstream costs have pushed up polyethylene offers by almost 10% in Europe. PE buyers in Europe are facing heavy pressure to pay higher prices in January as per ICIS. Producers’ stocks were low as production had been...

Graphite Prices Stable into Q1

13 Jan 2010

Graphite prices remain firm going into 2010 on continued weak market conditions, with prices still lagging well behind the shortage-driven boom period of late 2008. One industry source estimated that graphite sales were down by 50% in the refractori...

Global Potash Sales Seen Rebounding in 2010

12 Jan 2010

Fertilizer producer Mosaic expects global purchasing of potash to increase to as much as 50 million metric tons in 2010 following dismal 32 million metric tons of demand for the crop nutrient in 2009. Rival Potash Corp., the world's largest producer...

Engro Eyes Algeria Phosphate

12 Jan 2010

Pakistan’s Engro to invest $1,000m. in N Africa phosphate fertiliser plant in 2010 Engro Corp. Ltd – formerly Engro Chemical Pakistan Ltd –plans to invest $1,000m. in a new phosphate fertiliser plant in North Africa this year, the group revealed...

Vietnam Calcium Carbonate OK

12 Jan 2010

Cavico Industry and Minerals, a subsidiary of Vietnamese infrastructure company Cavico Corp., has received a mining licence from the government to produce 255,000 tpa of calcium carbonate and 88,600 cubic metres of marble from Thung San village in th...

Solvay to Establish Epichlorohydrin Plant by 2012

12 Jan 2010

Solvay's Thai affiliate Vinythai will start the construction of a new epichlorohydrin plant in Map Ta Phut, based on Solvay's Epicerol technology. The new plant, which is expected to be operational at the beginning of 2012, will have an annual produ...