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2015-06-03 12:00:00
IVL completes acquisition of Cepsa’s PTA plant in Montreal
Thailand based Indorama Ventures Public Company Limited (IVL) completed the deal to acquire the purified terephtalic acid (PTA) industrial plant of Spanish petrochemical company CEPSA Chimie
2015-05-19 00:00:00
Asia ethylene-naphtha spread jumps back to June Levels, Europe follows
In April 2015, Asian ethylene-naphtha spread hit a record high amid bullish ethylene markets. The spread jumped US$193 during the month on an average as ethylene prices were under pressure of tight
2015-04-17 13:00:00
Improving demand in polyester likely to push up MEG prices in Asia
Continued demand growth from the downstream polyester market and firming crude oil values likely to push the monoethylene glycol (MEG) spot prices in Asia on uptrend but the increased supply in
2015-04-16 14:00:00
RIL to set up 2 PTA plants will move India to self-sufficiency
Mukesh Ambani-led Reliance Industries Limited will be soon come up with two new petrochemical plants. These plants will be manufacturing polyester plastic that is used in packaging, plastic bottles,
2015-04-10 11:30:00
Polyester pricing may see hikes in April and May, but fall later
Everything in synthetic fibre markets, especially polyester, has been revolving around crude oil price, and hence the US$. The first signs of policy change in US, expectation of a hike in interest
2015-03-30 16:45:00
Now track global textile fibres and yarns prices from your mobile everyday
YnFx, the world's premier and most trusted textile market information initiative, has launched its “Daily Textile Prices serviceâ€, a mobile application on Android platform. The service
2015-01-13 15:50:00
Filament and spun yarn prices retreating rapidly mirroring oil markets
Until now the immediate impact of the fall in crude oil prices was mostly on the upstream products of the textile value chains. The very first oil derivative to react was naphtha and further down in
2015-01-11 17:40:00
Reliance to make an investment Rs.100,000 cr across its businesses, includes raising polyester capacity
Reliance Industries (RIL) has been an inseparable part of Gujarat's success story. Over the last three decades they have invested again and again to convert a business vision into a reality. The
2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
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