ICIS - Search Articles by Date : September 02 2002 - September 08 2002

Oils, Fats & Waxes in Brief
Ferro Corp. is increasing the price of Plas-Chek 775 epoxidized soybean oil more
(04 September 2002 15:49)

Pharma Companies Encounter Consequences of Noncompliance
The Food and Drug Administration (FDA) is taking a severe stance toward recurrent manufacturing deficiencies, coming down hard on Schering-Plough.... more
(04 September 2002 15:54)

Market trends: Naphtha driven up by higher crude
Naphtha and MTBE prices have moved up in response to higher crude and gasoline values. Ammonia markets have also recovered as US buyers seek out.... more
(06 September 2002 08:34)

Product profile: Isopropanol
Demand growth in western Europe is low but higher rates are estimated in central and eastern Europe. New capacity in Germany could negatively affect.... more
(06 September 2002 09:18)

China factfile
Useful hints, tips and contacts for China more
(06 September 2002 09:54)

$50-80 hike for paraformaldehyde
Major paraformaldehyde producers have announced a US$50-80/tonne price hike for September to US$520-530/tonne cif Asia for 91% type and.... more
(06 September 2002 09:55)

Chinese imports up on strong demand
Chinese imports of petrochemical rose between January and June this year compared with the first six and seven months of 2001, spurred by strong.... more
(06 September 2002 09:56)

Polymer trends: ABS edges up $30
Despite optimism by producers that PE and PP prices will rise in September, traders maintain that buyers are likely to resist higher offers more
(06 September 2002 10:01)

No relief in sight as butadiene hits $720
Asian butadiene buyers looking for respite from a steady rise in prices may be in for a disappointment as spot supplies are expected to remain snug.... more
(06 September 2002 10:01)

Phenol surge stuns market players
Phenol prices surged up by US$60/tonne in Southeast Asia last week on tight supply and strong demand more
(06 September 2002 10:02)

Kolon to pay $38m for Kohap plants
Kolon Industrial will pay Won46bn (US$38.3m) to acquire Kohap Corp's 7700 tonne/year nylon and 29 700 tonne/year polyester film plants more
(06 September 2002 10:02)

Last-ditch effort to win Japan tax cuts
Japan's premier industry association has begun lobbying members of the Japanese parliament in a last-ditch attempt to persuade politicians to vote in.... more
(06 September 2002 10:05)

Showa to expand electronic chems
Showa Denko plans to grow its electronic chemicals segment from 15% to 20% of its total business by 2005 more
(06 September 2002 10:05)

Mitsubishi Chem eyes vinyls exit
Mitsubishi Chemical is in talks to form an alliance for its unprofitable vinyls business or to exit the business altogether more
(06 September 2002 10:06)

Global roundup
From stories supplied by the CNI and ACN teams more
(06 September 2002 10:06)

Sinopec: only time will tell
Even though the sign outside is in fairly large letters and the taxi driver is certain he's delivered you to the right address, when you first more
(06 September 2002 10:06)

Sprucing up for the WTO...
Accession to the WTO has imposed a number of obligations on China. James Higbee of Lovells examines the legal changes that China will have to.... more
(06 September 2002 10:07)

Dancing to a different tune?
With Premier Zhu Rongji's pledge to stamp out corruption and its increasing economic integration with the rest of the world, China has witnessed some.... more
(06 September 2002 10:07)

New project summary
As reported in ACN 26 August - 1 September 2002 more
(06 September 2002 10:08)

Market trends: Benzene still rising
Styrene's $55-60/tonne surge takes market players by surprise. Prices for toluene and mixed xylenes edge up while paraxylene and orthoxylene trading.... more
(06 September 2002 10:08)

Market trends: Butadiene climbs
Tight supply pushes prices above the $700/tonne level while propylene continues to weaken more
(06 September 2002 10:08)

Fujian park unveils 46 projects
A 380 000 tonne/year styrene plant, a 200 000 tonne/year PS unit, a vinyl complex and more than 40 other projects which would cost a total of Rmb28bn.... more
(06 September 2002 10:09)

Threat to future of HPCL refinery
The future of Hindustan Petroleum Corp Ltd's (HPCL) 9m tonne/year refinery project at Bathinda, Punjab, India, could be jeopardised by government.... more
(06 September 2002 10:09)

Siam Cement eyes extra hdPE capacity
Siam Cement is studying expanding its hdPE capacity to 700 000 tonne/year from around 550 000 tonne/year more
(06 September 2002 10:09)

Quanzhou cracker expanded
ExxonMobil and joint venture partners Saudi Aramco and Fujian Petrochemical are planning to increase the capacity of their proposed cracker at.... more
(06 September 2002 10:10)

Shipping report: Westerlies dominate
Talk of C2 movements from Europe dominate markets, while slack demand for vessel space in Southeast Asia saw freight rates slip $1-2/tonne more
(06 September 2002 10:14)

Market trends: Propylene eases
Deals for European ethylene baffles market players. In butadiene markets, selling ideas climb higher on extremely tight supply more
(06 September 2002 10:14)

Indo Rama mulls yarn alliance
Indo Rama Synthetics may explore the possibility of forming an alliance with smaller Indian players for its spun yarn business after it demerges this.... more
(06 September 2002 10:20)

CPC to up No5 in H2 2006
Chinese Petroleum Corp (CPC) plans to debottleneck its 500 000 tonne/year No5 cracker in Kaohsiung, Taiwan, to 600 000 tonne/year in H2 2006 more
(06 September 2002 10:20)

Gail drops plan for PDH-PP
The Gas Authority of India Ltd (Gail) has decided not to proceed with a plan to set up a propane-dehydrogenation (PDH)-PP facility at Vijaipur in.... more
(06 September 2002 10:20)

Seven South Korean firms vie for Inchon Oil stake
South Korea's SK Corp, S-Oil, LG Caltex and Capital Restructuring Co and three European oil majors are among the 10 companies which have submitted.... more
(06 September 2002 10:22)

Fair trade?
The EU's proposed emissions trading scheme directive aims to push companies in Europe to adhere to Kyoto targets on greenhouse gas reduction. But how.... more
(06 September 2002 11:35)

Product profile: Cyclohexane
Rising demand from refineries for hydrogen will limit its availability for cyclohexane plants. This could result in European production being.... more
(06 September 2002 11:35)

News in brief
Dow price rise Dow's Epoxy Products and Intermediates business is increasing its epichlorohydrin prices by E100/tonne for Europe and at.... more
(06 September 2002 11:35)

Europe's new environmentalists
Urban legend has it that after the Exxon Valdez incident, environmentalists worked long and lovingly to save two oil-covered seals only to see them,.... more
(06 September 2002 11:35)

20 years ago
ECN 6 September 1982 more
(06 September 2002 11:35)

People on the move
American Chemistry Council US Chamber of Commerce executive Greg Lebedev has been selected as the American Chemistry Council's (ACC) new.... more
(06 September 2002 11:35)

Market trends: Markets lacklustre across the board
Markets remained subdued despite a series of unexpected ethylene cracker outages last week. MTBE was quiet except for one deal reported at $324/tonne.... more
(06 September 2002 11:35)

Shipping monitor: Spot shipping slow all round
Hopes that the weaker US dollar would increase the competitiveness of US petrochemical exports and so raise the number of spot cargoes out of the US.... more
(06 September 2002 11:35)

New projects summary
Reported in ECN on 2 September more
(06 September 2002 11:35)

News in brief
Joint venture Hoyer has set up a joint venture for its technical railroad operation Hoyer Railserv, with rail4chem. Both companies.... more
(06 September 2002 11:35)

Looking below the bottom line
The Global Reporting Initiative has released the third version of its public reporting guidelines to help companies disclose performance beyond the.... more
(06 September 2002 11:35)

News in brief
Range launched Basell has launched a new range of chromium catalysts for the production of high density polyethylene (hdPE) through a wide.... more
(06 September 2002 11:35)

SNTG modernises with order for seven tankers
Stolt Nielsen Transportation Group (SNTG) has commissioned seven newbuild stainless steel parcel tankers more
(06 September 2002 11:35)

Sartomer strikes deal with Kaucuk
Sartomer, a US-based speciality chemicals producer, has formed a strategic alliance with Unipetrol's plastics subsidiary Kaucuk more
(06 September 2002 11:35)

Uhde to build storage facility
Uhde, part of the Thyssen Krupp Technologies group, has won a E8m ($7.8m) contract to build TVK's new ethylene storage tank facility more
(06 September 2002 11:35)

Delegates agree final issues on chemicals management
An in-principle agreement has been reached on chemicals management issues at the World Summit on Sustainable Development more
(06 September 2002 11:35)

Ratification venue chosen
South Africa has chosen the event of the World Summit on Sustainable Development to ratify the Stockholm Convention on Persistent Organic.... more
(06 September 2002 11:35)

NGOs win over state says poll
The results from the first 31 of over 50 countries covered by the first annual 'Voice of the People' public opinion poll were released in.... more
(06 September 2002 11:35)

Output catches up after strong Q2
Production of chlorine in western European has increased over the second quarter of 2002 more
(06 September 2002 11:35)