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SM prices continue to fall in Asia
- 23 Apr 2014      5:55:12 PM

Styrene Monomer (SM) prices in Asia edged lower on Tuesday. The price fall was mainly on account of bearish buying sentiments and high SM inventory levels in key markets like China.

Weaker upstream benzene values further supported the price fall.

FOB Korea prices of SM were assessed do....

» Read more
PTA plant to be started by Sanfangxiang- 23 Apr 2014      5:41:40 PM- POLYMERUPDATE
Jiangsu Sanfangxiang is likely to start a new purified terephthalic acid (PTA) plant.

A Polymerupdate source in China informed that the plant is likely to be shut in September 2014. It is likely to remain off-stream for around one month.

Located in Jiangyin, Jiangsu, China, the plant h....

» Read more
Asian PX prices inch lower- 23 Apr 2014      5:35:22 PM- POLYMERUPDATE
Despite rise in upstream Isomer MX rates, PX prices edged lower in Asia on Tuesday.

The price fall was further supported by dull buying sentiments coupled with sluggish downstream PTA demand trends.

FOB Korea prices of PX were assessed down at the USD 1175/mt levels, a fall of USD 5/mt....

» Read more
EDC plant planned to be shut by Hanwha Chemical - 23 Apr 2014      5:34:22 PM- POLYMERUPDATE
Hanwha Chemical is likely to shut its ethylene dichloride (EDC) plant for maintenance turnaround.

A Polymerupdate source in South Korea informed that the plant is likely to be shut in mid-May 2014. It is likely to remain off-stream for around one month.

Located at Yeosu, South Korea, t....

» Read more
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Wed, 23 Apr 2014 18:09:39 GMT
Deepak Fertilisers makes hostile bid for Mallya's MCF -

Wed, 23 Apr 2014 17:28:02 GMT
Mallya's Mangalore Chemicals set for takeover battle - Livemint

Wed, 23 Apr 2014 16:56:54 GMT
Deepak Fertilisers makes open offer for MCF; seeks further 26% at ₹61.75/share - Hindu Business Line

Wed, 23 Apr 2014 13:31:29 GMT
China ends environmental ban on refining projects by Sinopec, CNPC - Hydrocarbon Processing

Wed, 23 Apr 2014 13:32:16 GMT
Deepak Fertilisers to make open offer for 26% stake of Mangalore Chemicals - domain-B

Wed, 23 Apr 2014 12:53:01 GMT
Deepak Fertilisers: Acquisition of Mangalore Chemicals to create value - Business Standard

Wed, 23 Apr 2014 11:51:00 GMT
Iran Planning to Export More Petrochemicals to African States - Fars News Agency

Wed, 23 Apr 2014 11:49:18 GMT
Railway development to fuel intra-GCC petrochemicals trade, says GPCA - Zawya (registration)

Wed, 23 Apr 2014 09:45:53 GMT
Deepak Fertilisers makes open offer to hike stake in Mangalore Chemicals - VC Circle

Definition of Petrochemicals

According to Wikipedia, Petrochemicals are "chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane."

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