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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
2017-10-13 13:55:00
Rising crude sets polyester chain market on uptrend in September
Crude oil prices rose in September due to disruptions in US gulf coast aftermath Hurricane Harvey while geopolitical instability in Iraqi Kurdistan aided Brent to register its strongest third-quarter
2017-04-21 16:00:00
RIL commissions largest and most complex ethane project
Mukesh Ambani-led Reliance Industries Ltd (RIL) announced that it has completed its Ethan project with the commissioning of its ethane receipt & handling facilities and ethane cracking, at its Dahej
2016-09-30 12:56:00
October ethylene contract confirmed in Europe
In Europe, the contract price for ethylene has been confirmed at Euro 940 per ton an increase of Euro 15 per ton as compared to September. Most of the producers were expecting increase in price
2015-07-17 13:56:00
Polyester pricing in June 2015 A year of fall - Part I
Watching the fall in polyester chain for about a year now, one segment which has apparently escaped the trend is the ethylene chain including its derivative mono ethylene glycol segment. Crude oil
2015-05-13 17:35:00
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
2015-04-15 16:45:00
Benzene strengthens support to downstream nylon chain
Benzene prices surged 13-16% in March across regions while US numbers hit a four-month high in the first week of the month. In Asia, a strong demand for May cargoes supported prices to go up while in
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
2015-03-10 18:03:00
Chemical fibres feedstock become costlier on demand supply imbalance
Crude oil prices have been firming up in recent weeks but the general view is that they will remain relatively low for some time yet. While supply will remain, the demand side may see nothing change
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
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