http://www.yarnsandfibers.com YarnsandFibers Intermediates News en bharati@yarnsandfibers.com YarnsandFibers Fri, 25 Jul 2008 02:38:28 -0600 Fri, 25 Jul 2008 02:38:28 -0600 http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15952 Paraxylene Thu, 24 Jul 2008 00:06:00 -0600 SABIC Europe recently announced plans to re-structure its aromatics operations based on Teesside following a wide-ranging review of the long-term viability of the business. The plans in... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15892 Paraxylene Thu, 17 Jul 2008 00:06:00 -0600 SABIC plans to close two sites on Teesside- Aromatics 2 unit at the Sabic UK Petrochemicals' North Tees Site near Seal Sands and the paraxylene plant at Wilton. The closures are expected by the end of... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15891 Paraxylene Thu, 17 Jul 2008 00:06:00 -0600 UOP LLC, Houston-based technology and engineering services provider has been opted by PetroChina Co. Ltd. to design the new refining and petrochemical complex for its subsidiary PetroChina Sichuan Pet... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15870 Paraxylene Wed, 16 Jul 2008 00:06:00 -0600 PetroChina Sichuan Petrochemical Co. Ltd., a subsidiary of PetroChina Co. Ltd., has selected UOP LLC to supply technology, basic engineering services, and equipment for a new integrated refining and p... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15933 Ethylene Wed, 23 Jul 2008 00:06:00 -0600 Maoming refinery, operated by China Petroleum and Chemical Corp (Sinopec), plans to expand annual capacity to 20 mln tons, up 48 pct, parent Sinopec Group said. The expansion project incl... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15932 Ethylene Tue, 22 Jul 2008 00:06:00 -0600 Sinopec Shanghai Petrochemical Co Ltd, a unit of China Petroleum and Chemical Corp (Sinopec), expects to post a refining loss of over 700 mln yuan for the second quarter on surging crude prices, the C... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15926 Ethylene Mon, 21 Jul 2008 00:06:00 -0600 Imports of textile machinery declined by 13 percent during the last fiscal year, due mainly to persistent crisis in the textile sector and the high cost of doing business in the country, importers sai... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15920 Ethylene Mon, 21 Jul 2008 00:06:00 -0600 Access to the low priced oil-based raw materials and the rising demand for fertilizers has augmented the world largest chemical maker, Sabic's Q2 profit by 17%. The company H1 profits rose by 13% from... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15919 Ethylene Mon, 21 Jul 2008 00:06:00 -0600 Prices of Mainland China's energy and chemical futures largely rose yesterday, although international crude oil futures prices had been diving for two consecutive trading days. On the Zhe... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15918 Ethylene Mon, 21 Jul 2008 00:06:00 -0600 Ongoing market discussions covering the cost of ethylene and propylene for Quarter 3 have brought the failings of the existing quarterly pricing mechanism into sharp focus. As a major buye... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15904 Ethylene Fri, 18 Jul 2008 00:06:00 -0600 China Petroleum and Chemical Corp., Asia's biggest oil refiner, boosted oil processing 6.7 percent in the first half, increasing the likelihood of wider losses from turning crude into gasoline and die... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15889 Ethylene Fri, 18 Jul 2008 00:06:00 -0600 Industrial Info resources announced on 16 July that China Petroleum and Chemical Corporation, based in Beijing, will construct an 800,000-ton-per-year ethylene project in central China's Hainan Provi... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15866 Ethylene Wed, 16 Jul 2008 00:06:00 -0600 China Petroleum and Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing) will build an 800,000-ton-per-year ethylene project in central China's Hainan Province. The company will invest $4.3 billion in ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15953 Naphtha Thu, 24 Jul 2008 00:06:00 -0600 Japanese petrochemical firms are using more butane for ethylene production to ease reliance on costlier naphtha and improve margins to face competition from cost-efficient Middle East crackers. ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15912 Naphtha Sat, 19 Jul 2008 00:06:00 -0600 Faced with an unprecedented power crisis and facing flak from all quarters for failing to tie-in supplies earlier on, the state government on Friday made arrangements to procure an additional 400 MW a... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15891 Naphtha Thu, 17 Jul 2008 00:06:00 -0600 UOP LLC, Houston-based technology and engineering services provider has been opted by PetroChina Co. Ltd. to design the new refining and petrochemical complex for its subsidiary PetroChina Sichuan Pet... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15885 Naphtha Thu, 17 Jul 2008 00:06:00 -0600 The increases in oil and raw material costs has produced a further flood of price rises from fibre makers across the world. Japans Kuraray is increasing the price of its polyester filame... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15870 Naphtha Wed, 16 Jul 2008 00:06:00 -0600 PetroChina Sichuan Petrochemical Co. Ltd., a subsidiary of PetroChina Co. Ltd., has selected UOP LLC to supply technology, basic engineering services, and equipment for a new integrated refining and p... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15948 Crude Oil Wed, 23 Jul 2008 00:06:00 -0600 Refining losses for China's top two oil companies widened 47.9 percent to 5.7 billion yuan (US$850 million) in the first half due to government controls that limit their ability to pass on high crude ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15947 Crude Oil Wed, 23 Jul 2008 00:06:00 -0600 Oil prices eased in Asian trade on Wednesday as it looked like Hurricane Dolly would spare vital energy production facilities in the Gulf of Mexico, dealers said. They said renewed worri... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15946 Crude Oil Wed, 23 Jul 2008 00:06:00 -0600 Pakistans total trade deficit widened to $20.746 billion in the last fiscal 2007-08 from $13.563 billion in fiscal 2006-07. The official data released by the Trade Development Authority... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15919 Crude Oil Mon, 21 Jul 2008 00:06:00 -0600 Prices of Mainland China's energy and chemical futures largely rose yesterday, although international crude oil futures prices had been diving for two consecutive trading days. On the Zhe... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15905 Crude Oil Fri, 18 Jul 2008 00:06:00 -0600 Pakistan's oil imports rose and textile exports fell in the fiscal year ended June 30. The cost of importing oil rose 55.1 percent to $11.4 billion in the 12 month period from $7.33 bill... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15904 Crude Oil Fri, 18 Jul 2008 00:06:00 -0600 China Petroleum and Chemical Corp., Asia's biggest oil refiner, boosted oil processing 6.7 percent in the first half, increasing the likelihood of wider losses from turning crude into gasoline and die... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15899 Crude Oil Fri, 18 Jul 2008 00:06:00 -0600 Skyrocketing global oil prices coupled with surge in consumption contributed to the swelling of import bill to an all-time high level of $11.38 billion in 2007-08. According to the date ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15894 Crude Oil Fri, 18 Jul 2008 00:06:00 -0600 China Petroleum and Chemical Corp (Sinopec) said crude oil output in the first six months rose 2.43 pct year-on-year to 147.38 mln barrels. It said natural gas production in the first half ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15888 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 Japan's ethylene output in January-June fell 8.2 pct from the same period last year to 3,570,500 tons, the first first-half decline in two years, an industry group said Thursday. The fal... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15885 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 The increases in oil and raw material costs has produced a further flood of price rises from fibre makers across the world. Japans Kuraray is increasing the price of its polyester filame... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15883 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 Effective 1 August 2008, RadiciGroup-Radyarn will raise prices for its yarns. The increase, varying between EUR 0.10 and 0.15/kg, will concern Polyamide 6, Polyamide 66 and Polyester yarns. ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15882 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 A cooling in oil prices helped to boost flagging stock markets, with London's FTSE 100 Index ahead more than 1%. Light, sweet crude on the New York Mercantile Exchange - the benchmark oil... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15881 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 Crude oil traded little changed near $135 a barrel in New York after falling almost 3 percent yesterday as U.S. inventories increased unexpectedly. Crude supplies rose 2.95 million barre... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15880 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 Crude oil fell for third day, the longest losing streak for a month, on speculation slower global economic growth is curbing fuel consumption. Crude has plunged more than $13 from last w... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15871 Crude Oil Thu, 17 Jul 2008 00:06:00 -0600 Saudi Arabia''s new 60,000 barrels per day (bpd) gasolineÜmaking unit at its Rabigh refinery will come online between endÜSeptember and earlyÜOctober, a source familiar with the project said on Wednes... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15870 Crude Oil Wed, 16 Jul 2008 00:06:00 -0600 PetroChina Sichuan Petrochemical Co. Ltd., a subsidiary of PetroChina Co. Ltd., has selected UOP LLC to supply technology, basic engineering services, and equipment for a new integrated refining and p... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15869 Crude Oil Wed, 16 Jul 2008 00:06:00 -0600 The front-month crude contract plunged more than $6/bbl July 15 in the biggest 1-day loss in 17 years as US Federal Reserve chairman Ben Bernanke acknowledged a "high degree of uncertainty" in the US ... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15868 Crude Oil Wed, 16 Jul 2008 00:06:00 -0600 Oil continued its sharp sell-off on Wednesday as traders considered a surprise build in weekly crude supplies. Light sweet crude for August delivery moved at $134.60, down $4.14 for the session. Price... http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15867 Crude Oil Wed, 16 Jul 2008 00:06:00 -0600 China will extend value-added tax (VAT) refunds on purchases of imported fuel by state refiners through the third quarter to September, the Xinhua News Agency reported, citing a source familiar with t...