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pet+glycol
2015-06-30 17:29:00
Polyester pricing softening across the value chain
Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets
2015-06-23 06:54:17
Asian MEG markets undergo correction, fundamentals stable in US and Europe
Asian mono ethylene glycol markets were under correction in the week ended 12 June from its earlier bullish week as players were mulling over the waning polyester demand and reduced operating rates
2015-05-07 12:00:00
Manmade yarn and fabric industry likely to see growth rate of 5 to 7pc in this year
The manmade yarn and fabric industry likely to see growth rate from five to seven percent in 2015-16, with stability in crude oil prices. However, as Indian synthetic yarn and fabric performance has
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,
2015-02-25 11:50:00
Polyester feedstock and intermediate prices on the rise despite China on holiday
Polyester feedstock – ethylene and paraxylene and intermediates – purified terephthalic acid and mono ethylene glycol, prices are moving up now. In the week ending 20 February, although
2014-12-23 14:00:00
Fall in crude oil price impact synthetic yarn makers
Domestic synthetic yarn makers forced to reduce prices, thereby incurring loss over the inventory with continual fall in prices of crude oil and key polyester yarn raw materials such as
2014-11-17 11:28:00
Dow Chemical to dilute holdings in MEGlobal and EQUATE
Dow Chemical Company (DOW) will reconfigure and reduce its equity base in the MEGlobal and Greater EQUATE joint ventures, including The Kuwait Olefins Company (TKOC) and The Kuwait Styrene Company
2014-11-11 17:54:00
Formosa investing US$2.0 bn in US to capitalise on shale energy revolution
Formosa Plastics Group, Taiwan's petrochemical giant, has drawn up plans to invest US$2 billion into its US investment projects to capitalise on North America's shale energy revolution, a daily
2014-08-22 17:00:00
Prices of polyester yarn raw material MEG and PTA on rise in domestic market
Indian polyester yarn makers are witnessing drop in their margins by about 10-15 percent due to rise in raw material prices by Rs.10-15 a kg in the domestic market. In the domestic market, polyester
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