Philippine cracker operator JG Summit has postponed the start-up of several of its expanded downstream petrochemical units to this year's fourth quarter, as the Covid-19 outbreak and the subsequent nation-wide lockdown affected work that was initially expected to see them come on stream in June.
News ID: 9255 Publish Date : 2020/04/28
Spot ethylene prices have fallen below $300/t cfr northeast Asia to a new record low.
News ID: 9216 Publish Date : 2020/04/22
Ethylene prices in northeast Asia have broken the $400/t cfr floor as supply outstripped demand in the region.
News ID: 9155 Publish Date : 2020/04/15
Demand for polymer resin in India continues to slow amid transport restrictions and the shutdown of plastic conversion plants, with at least 85pc of plants shut.
News ID: 9141 Publish Date : 2020/04/14
Malaysia's Lotte Titan has restarted its main cracker after a major turnaround at its facilities in Pasir Gudang, Johor Bahru that started in early March.
News ID: 9069 Publish Date : 2020/04/08
Chinese producer Zhejiang Zhengkai's subsidiary Chongqing Wankai is starting up today its new 600,000 t/yr polyethylene terephthalate (PET) bottle chip plant.
News ID: 8858 Publish Date : 2020/03/25
Prices of linear low-density polyethylene (LLDPE) film in China have fallen close to a 12-year low on the back of weak demand amid the coronavirus pandemic.
News ID: 8829 Publish Date : 2020/03/23
Middle East petrochemical producers remain on edge after crude futures slumped in Asian trading to a more than four-year low.
News ID: 8660 Publish Date : 2020/03/09
Several importers and trading firms have received approvals for tariff exemptions on US-origin linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE), about two weeks after the Chinese government announced the initiative as part of easing trade tensions with the west.
News ID: 8589 Publish Date : 2020/03/06
South Korea's Lotte Chemical has shut its 1.1mn t/yr ethylene cracker in Daesan after an explosion that has injured at least 31 people.
News ID: 8580 Publish Date : 2020/03/04
South Korean petrochemical producer LG Chemical is cutting operating rates at its Yosu and Daesan crackers from March amid reduced downstream operations with the impact of the coronavirus outbreak.
News ID: 8517 Publish Date : 2020/02/27
Oman's government has announced further details of its planned integration of state-owned oil company OOC, refiner Orpic and seven other domestic energy firms.
News ID: 8004 Publish Date : 2019/12/18
High-density polyethylene (PE) prices in Vietnam are under increased pressure from new supplies from the US.
News ID: 7615 Publish Date : 2019/11/29
India's polyethylene (PE) demand is expected to remain at around 8pc until 2021, before being spurred on by economic and infrastructural growth, according to state-controlled gas distributor and petrochemical producer Gail.
News ID: 7457 Publish Date : 2019/11/14
Managing Director of Iran’s Petrochemical Research and Technology Company (PRTC) said the country’s petrochemical complexes are keen on utilizing domestic catalysts in their operations, IRIB reported on Monday.
News ID: 6323 Publish Date : 2019/09/03
Iran traded 21,156 tons of non-oil commodities worth $83.93 million with Italy during the first Iranian month (March 21-April 20), registering a 1.14% and 13.11% growth in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 5095 Publish Date : 2019/07/09
Iran’s National Petrochemical Industries Company announced that the country has exported 40.5 million tons of petrochemical products worth $8.946 billion in the first three quarters of the current calendar year (started on March 21, 2018).
News ID: 3237 Publish Date : 2019/01/13
In line with efforts to protect the environment against the devastating effects of industrial contaminants, Jam Petrochemical Company in the southern Bushehr Province has spent $28 million on environmental and safety protection projects.
News ID: 1832 Publish Date : 2018/01/21
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
