News updates from Indianpetrochem.com

Lean price fluctuations continue in Indian polymer markets

Sep 28 : There were no notable deviations in polymer prices in Indian markets.
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Assam Gas Cracker Project completion schedule remains intact
Sep 28 : The Assam Gas Cracker Project, implemented by Brahmaputra Cracker and Polymer Limited (BCPL), will be commissioned according to schedule, despite a slight retardation in progress of the project, that was caused by heavy rains.
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Sluggish demand prevail in Indian polymer markets

Sep 27 : Despite Indian Oil Corporation Limited having reduced its HDPE and LLDPE prices, polymer prices in Indian open markets did not undergo any major declines.
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JBF and Coca Cola to jointly set up bio-MEG plant in Brazil
Sep 27 : Mumbai-headquartered JBF Industries Limited has entered into a partnership with The Coca Cola Company to jointly set-up a bio-Mono Ethylene Glycol (MEG) plant in Brazil.
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Meager polymer price fluctuations continue in India markets
Sep 26 : In Indian polymer markets, meager fluctuations of polymer prices continued, without any indications of any major deviations in the coming days.

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Nan Ya Plastics Corporation shuts down MEG plant for repairs
Sep 26 : Taiwan-based Nan Ya Plastics Corporation is heard to have sustained a fire-outbreak incident today at its 720 kilo tonne per annum MEG plant.
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RIL shuts down PVC plant for maintenance
Sep 26 : Reliance Industries Limited (RIL) has temporarily shut-down its PVC plant at Hazira in Gujarat for maintenance purposes.
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KP Chemical plans maintenance shut-down of Aromatics plant in October

Sep 25 : KP Chemical is heard to have planned for a maintenance shut-down of its Aromatics plant at Ulsan in South Korea in the beginning of October this year.
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Westlake Chemical to enhance Ethylene production capacity
Sep 25 : Houston-headquartered Westlake Chemical Corporation (WCC) will enhance production capacity of its existing Ethylene plant at Lake Charles in Louisiana of US.
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HPCL mulling petrochemical plant at Barmer in Rajasthan

Sep 24 : Public sector petroleum company, Hindustan Petroleum Corporation Limited (HPCL), is mulling upon setting up a petrochemical plant at Barmer in Rajasthan.
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Xianglu to shut-down PTA plant for maintenance in October
Sep 24 : China based Xianglu Petrochemicals is heard to have planned for a maintenance shut-down of its PTA plant in October this year.
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Polymer prices remain almost steady on weekend in Indian markets
Sep 22 : In the weekend, polymer prices remained at the recent rates, without undergoing major fluctuations.
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PTA plant of Invista and Hengli Petrochemical starts operations

Sep 21 : Invista Performance Technologies (IPT) and Hengli Petrochemical (Dalian) Company Limited (HPCL) have started operations of their newly set-up PTA plant at the Changxing Island of Dalian, situated in the Liaoning Province of  China.
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PTT Global Chemical likely to restart idled MEG plant in October
Sep 21 : PTT Global Chemical, the largest petrochemical company in Thailand, is likely to restart operations of its Mono Ethylene Glycol (MEG) plant, which was idled in late 2009, in October this year.
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Ethylene and Propylene prices drift downwards in Asia
Sep 20 : In our assessment of Asian markets, the latest CFR South East Asia (SEA) Ethylene price is $1,302 per metric tonne.
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Polymer buyers prefer local markets, although high prices prevail
Sep 19 : Polymer prices in Indian markets continued to remain at around the recent rates, undergoing minimal fluctuations.
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PVC price drifts downwards in Delhi
Sep 18 : PVC price in the Delhi market came down considerably on availability of sufficient stocks, as traders said.
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Kumho to shut-down ABS and PS plants in October
Sep 18 : South-Korean petrochemical company, Kumho Petrochemicals, is heard to have planned to shut-down its ABS and PS plants in October this year for scheduled maintenance.
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BASF to close down EPS business in India
Sep 18 : BASF India Limited (BIL) will permanently close down its Expanded Poly Styrene (EPS) business in India.
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Formosa restarts petrochemicals plant

Sep 17 : Taiwan-based Formosa is heard to have restarted its petrochemicals plant, which was shut-down for maintenance.
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LyondellBassell launches fifth generation catalysts for PP production
Sep 17 : LyondellBassell has launched its latest versions of Non-Phthalate Catalysts for Poly Propylene (PP) production.
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Polymer prices continue to remain at recent rates in Indian markets

Sep 15 : The last day of the week did not see any major deviation in polymer prices in Indian markets.
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Butadiene capacity in Brazil goes up, Braskem inaugrates new plant
Sep 15 : Brazilian petrochemical major, Braskem, has recently inaugurated its newly set up 103 kilo tonne per annum (KTPA) Butadiene plant at its existing petrochemical complex in Triunfo, situated in Rio Grande Do Sul in Brazil.
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PVC buyers prefer local markets despite high price
Sep 14 : Despite prevalence of high PVC prices in Indian markets, buyers preferred the local markets for sourcing their raw materials.
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Polymer prices remain around recent rates in Indian markets
Sep 13 : Demand for PVC was moderate, according to a trader in the Delhi market.
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Delhi govt bans plastic bags, polymer demand likely to come down

Sep 12 : Demand for polymers is likely to decline in the Delhi market in the coming days as the Delhi government has imposed a ban on manufacture and usage of plastic bags.
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Ineos restarts Acrylonitrile plant
Sep 12 : Ineos is heard to have restarted its Acrylonitrile plant, situated at Green Lake in Calhoun County in Texas, that was shut-down in early September 2012 for maintenance.
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Treofan to acquire BOPP Film business of Max India Limited

Sep 11 : German Bi-axially Oriented Poly Propylene (BoPP) Film producer, Treofan, is set to acquire the 50,000 tonne per annum (TPA) BOPP Film business of Max India Limited (MIL).
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Lanxess setting up Nd-PBR plant in Singapore
Sep 11 : : German chemical company, Lanxess, is in the process of setting up a Neodymium Performance Butadiene Rubber (Nd-PBR) plant at the Jurong Island in Singapore.
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Indian polymer markets continue to sustain lean price fluctuations

Sep 10 : No occurrence of any major price fluctuation was reported from any of the Indian polymer markets assessed.
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Liaoning Huajin Tongda Chemicals restarts PP plant
Sep 10 : China-based Liaoning Huajin Tongda Chemicals is heard to have restarted operations of its PP plant, which was shut-down on August 1,2012 for maintenance.
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No significant polymer price movements in weekend
Sep 8 : Polymer prices in Indian markets on the last day of the week remained at around the previous rates, undergoing minimal fluctuations.
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News updates from Indianpetrochem.com

Lean fluctuations continue in Indian polymer markets
Sep 7: There were no major changes in prices of polymers in Indian markets.
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Lanxess setting up EPDM plant in China
Sep 7 : German chemical company, Lanxess, is in the process of setting up an Ethylene Propylene Diene Monomer (EPDM) plant in China, intended to serve the rising demand.
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No notable polymer price deviations in Indian polymer markets
Sep 6 : Polymer prices in Indian markets remained around the previous rates, without undergoing significant deviations.
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GAIL signs MoU with UPSIDC to facilitate UP Plastics Park development
Sep 6 : GAIL (India) Limited has signed a Memorandum of Understanding (MoU) with UP State Industrial Development Corporation (UPSIDC) under which the state-run petrochemicals company will act as a facilitator in the Plastics Park, which UPSIDC is in the process of setting up at Dibiyapur in Auraiya of Uttar Pradesh.
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LukOil to shut-down Acrylonitrile plant in September
Sep 5 : Lukoil is heard to have scheduled a planned maintenance shut-down of its Acrylonitrile plant at Saratov in Russia for a period of approximately one month.
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RIL's price revision lifts PP market price
Sep 4 : In the notable market inputs received today, PP prices in the Kolkata market surged considerably.
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Qingdao PC shuts down Benzene plant for maintenance
Sep 4 : China-based Qingdao PC is heard to have shut down its Aromatic plant for maintenance.
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RIL releases PVC supplies to markets

Sep 3 : The first day of the week saw continuance of less LDPE and LLDPE stocks in the Delhi market.
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News updates from Indianpetrochem.com

Lean price fluctuations persist in Indian polymer markets
Sep 1 : The last day of the week saw no major deviations in polymer prices in Indian markets.
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GAIL likely to be polymer supplier to UP Plastics Park
Sep 1 : GAIL(India) Limited seems to have found a lucrative market for its polymers, to be produced after its new facility going on-stream.
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