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2014-07-12 09:30:00
BASF and Alpek change business units as they change the Mexican JV agreement
BASF SE German giant and Alpek SAB de CV, the petrochemicals arm of Mexican conglomerate Alfa Group have entered into an agreement that changes the business units of their 50-50 Polioles SA de CV,
2014-07-08 17:51:00
Paraxylene tanks no major shakeup yet in downstream
Asian ethylene prices were up, although in varying degree on persistent tight supply amid several turnarounds. European ethylene spot prices gave back recent gains following a slump in naphtha
2014-07-01 17:32:00
Px-naphtha spread at 2014 peak in Asia, European makers better off
Asian contract price for paraxylene (Px) once again failed to reach a settlement for June, for the eighth time in the last 10 months. Meanwhile, spot prices have jumped US$145 during June, the second
2014-06-24 11:32:00
PTA producers managed to lift price, but spot relents
Asian PTA prices gave back some of its recent gains despite continuous soaring feedstock paraxylene prices since early May (0.66 unit paraxylene required to produce 1 unit of PTA). The tighter
2014-06-16 10:35:00
Spun yarn export falls in May, China imported lesser this month
Spun yarn exports declined in May 2014 after jumping over 19 per cent in April in a year-on-year comparison. During the month 99 million kg of spun yarns were exported worth US$335 million or Rs
2014-06-10 12:22:00
PTA, MEG prices surge as producer's maneuver production
Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since
2014-05-20 12:07:00
Spun yarn prices rebound in Pakistan as demand recovers, ducks in China
Spun yarn prices continued shed slightly in the week of 16 May in China, although fibre prices remained more or less stable. However, prices in Pakistan were seen rebounding as demand from overseas
2014-05-10 10:30:00
Tirupur garment exports likely to double in 3 years
Tirupur , presently export garment worth Rs.18,000 crore if the forging of newer markets continued it likely to double its garment exports to Rs 36,000 crore in three years time. According to A
2014-05-08 17:56:00
Paraxylene Naphtha spread back to mid 2010 levels
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although
2014-05-02 08:30:00
SGR Textiles to set up a state-of-the art yarn manufacturing facility in Eden
Shri Govindaraja Textiles, part of the Shri Govindaraja group, which is a part of the larger Sri Jayavilas group, India’s one of the largest spinning group as part of its expansion after
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