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2018-07-10 18:15:00
Polyester markets faced downward pressure in June
Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as
2016-03-26 16:00:00
MEGlobal to build its new MEG manufacturing plant in US
MEGlobal, a subsidiary of Equate Petrochemical Company, plans to build a new monoethylene glycol (MEG) production plant at Dow Chemical's (Dow) site in Oyster Creek in Freeport, Texas, US. The
2015-09-15 14:00:00
Mobile app designed to help Tirupur yarn spinners to crack demand-supply challenges
Spinners in Tamil Nadu's textile hub Tirupur have faced acute losses recently as their supplies of polyester and cotton yarn failed to find purchasers. They had to effect a 30% production cut to
2019-07-25 15:00:00
The big brands buying into fast fashion
Burberry, Dolce & Gabbana and DKNY have all attempted to crack one of the fastest-growing markets - Islamic fashion. What started as brands targeting wealthy Muslims with one-off fashion lines for
2019-03-04 15:06:00
When waste plastic becomes a resource by way of chemical recycling
Plastics are indispensable parts of almost every sector of the economy, with wide-ranging economic, environmental and convenience benefits in their use stage. But increasingly, the sheer volume of
2018-09-10 16:51:00
ExxonMobil expects to grow chemicals manufacturing capacity in Asia Pacific and North America by about 40 percent
The company recently started operations at it’s new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex in Texas. ExxonMobil and
2018-04-17 15:42:00
Polyester market weakens in March, no support from upstream
Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from
2017-06-05 17:00:00
Gulf petchem producers tying up with overseas for projects and acquisitions
Gulf petrochemical producers mainly based in Saudi Arabia due to regional gas shortage and the need to be closer to their customers will target more international players for petrochemical projects
2017-03-11 12:00:00
ExxonMobil to invest $20bn to expand manufacturing in Gulf coast
Exxon Mobil Corp., plans to spend a total of $20 billion to expand its manufacturing and export capacity over 10 years on refineries, chemical and liquefied natural gas plants along the Gulf Coast.
2017-03-10 15:00:00
APPLA demand bailout package for powerloom industry
Pakistan’s seventy percent powerlooms have so far been shut down due to expensive electricity and unaffordable prices of yarn, according to All Pakistan Powerlooms Association (APPLA) and
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