ICIS - Search Articles by Date : June 04 2012 - June 10 2012

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Asia top stories - weekly summary
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 1 June 2012. (Please click on.... more
(04 June 2012 02:00)

VIDEO - ICIS Asia Lunchtime Bulletin 4 June 2012
Here is the lunchtime bulletin for Asia on Monday 4 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market news.... more
(04 June 2012 06:00)

Global demand concerns drag down Asia petchem, crude prices
By Pearl Bantillo SINGAPORE (ICIS)--Worries about softening global demand escalated following poor sets of data on the world’s biggest.... more
(04 June 2012 07:29)

US June cumene prices set for 11% fall on feedstocks
HOUSTON (ICIS)--US June cumene contracts are expected to fall by 11% from May levels because of weaker feedstock costs, sources said on Monday. .... more
(04 June 2012 16:05)

US ethylene contracts dropping 9 cts/lb in May settlements
HOUSTON (ICIS)--Initial US ethylene settlements for May were heard on Monday at 46.25 cents/lb ($1,020/tonne, €826/tonne), dropping by 9 cents/lb.... more
(04 June 2012 22:23)

North America industrial revival to accelerate – Accenture
By Joseph Chang COLORADO SPRINGS (ICIS)--The industrial revival taking place in North America is poised to accelerate in the coming years,.... more
(05 June 2012 02:44)

S Korea's YNCC to cut Yeosu BD unit run rate to 70% for a week
SINGAPORE (ICIS)-- South Korea ’s Yeochun NCC (YNCC) plans to cut production at its 240,000 tonne/year butadiene (BD) plant at Yeosu for a week.... more
(05 June 2012 03:12)

VIDEO - ICIS Asia Lunchtime Bulletin 5 June 2012
Here is the lunchtime bulletin for Asia on Tuesday 5 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(05 June 2012 06:00)

Output cuts/shutdowns at Asia crackers may temper BD falls
By Helen Yan SINGAPORE (ICIS)--Production cuts and shutdowns at some Asian crackers could temper the continuous slide in butadiene.... more
(05 June 2012 06:01)

China MIBK prices may extend fall on weak demand
By Trisha Huang MELBOURNE (ICIS)--Spot methyl isobutyl ketone (MIBK) prices into China may extend a decline from a record high because of.... more
(05 June 2012 06:14)

S Korea’s Yeochun NCC buys H1 July naphtha at $2/tonne premium
SINGAPORE (ICIS)--South Korean producer Yeochun NCC (YNCC) has bought by tender 25,000-30,000 tonnes of spot naphtha for loading in the first half.... more
(05 June 2012 10:19)

EU chem production down 2% in Q1, falls by 1.8% in March - Cefic
LONDON (ICIS)--EU chemicals production fell by 2.0% year on year in the first quarter while output in March declined by 1.8%, European industry.... more
(05 June 2012 11:39)

VIDEO – ICIS Americas Lunchtime Bulletin 5 June 2012
Here is the lunchtime bulletin for the Americas on Tuesday from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(05 June 2012 19:00)

VIDEO – ICIS Americas Lunchtime Bulletin 5 June 2012
Here is the lunchtime bulletin for the Americas on Tuesday from ICIS. The Lunchtime Bulletin brings you all the latest chemicals and.... more
(05 June 2012 19:00)

US ethylene contracts for May fall 16% to 46.25 cents/lb
HOUSTON (ICIS)--US ethylene contracts for May settled at 46.25 cents/lb ($1,020/tonne, €816/tonne), dropping by 9 cents/lb from April, market.... more
(05 June 2012 19:02)

US June IPA headed lower on softening propylene – sources
HOUSTON (ICIS)-- US isopropanol (IPA) prices are likely to slip further in June on weakening upstream propylene values, sources said on.... more
(05 June 2012 21:20)

US chemical firms face tough market conditions in months ahead
By Joseph Chang COLORADO SPRINGS (ICIS)--US chemical companies can expect difficult market conditions in the coming months, their top.... more
(06 June 2012 04:04)

China PE, PP to extend falls; may rebound in Aug on restocking
By Chow Bee Lin SINGAPORE (ICIS)-- China ’s polyethylene (PE) and polypropylene (PP) import prices may continue to fall, in line with.... more
(06 June 2012 05:53)

VIDEO - ICIS Asia Lunchtime Bulletin 06 June 2012
Here is the lunchtime bulletin for Asia on Wednesday 6 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(06 June 2012 06:00)

VIDEO - ICIS Europe Lunchtime Bulletin 6 June 2012
This is the lunchtime bulletin for Europe on Wednesday 6 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(06 June 2012 13:00)

TTF Within-day natural gas market needs simplifying - GasTerra CEO
The CEO of Dutch natural gas company GasTerra says it is talking to the regulator with a view to removing the nomination flexibility (Nomflex).... more
(06 June 2012 16:36)

Feedstocks, more imports pushing down US June epoxy resins
HOUSTON (ICIS)--Cheaper feedstock costs and growing availability of less expensive imports are pushing down on US June epoxy resins prices,.... more
(06 June 2012 17:01)

Turkish incumbent to free up electricity volumes for market - ministry
Over 30% of the generation currently held by Turkish incumbent EÜAŞ could be freed up for the market when its long-term agreements finish at the end.... more
(06 June 2012 17:03)

China bitumen may extend slide on delays in road projects
By Jessie Yang SINGAPORE (ICIS)--Bitumen prices in the Chinese market look set to continue falling, with road projects being delayed by.... more
(07 June 2012 04:35)

VIDEO - ICIS Asia Lunchtime Bulletin 7 June 2012
Here is the lunchtime bulletin for Asia on Thursday 7 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(07 June 2012 07:00)

VIDEO - ICIS Asia Lunchtime Bulletin 7 June 2012
Here is the lunchtime bulletin for Asia on Thursday 7 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(07 June 2012 07:08)

UK’s Johnson Matthey full-year net profit rises 73% to £315.4m
LONDON (ICIS)--Johnson Matthey’s net profit for the 2011-2012 fiscal year was up 73% year on year to £315.4m (€389.4m, $485.2m), the UK-based.... more
(07 June 2012 10:27)

New projects to boost Reliance’s petchem capacity to 25m tonnes/yr
SINGAPORE (ICIS)--Reliance Industries’ petrochemical capacity in India is expected to grow by 67% to 25m tonnes/year when all its ongoing.... more
(07 June 2012 11:00)

New projects to boost Reliance’s India petchem capacity
(adds paragraphs 9-12 on elastomers, acetyls projects) SINGAPORE (ICIS)--Reliance Industries’ petrochemical capacity in India is expected.... more
(07 June 2012 12:15)

Global pirate attacks fall in May on poor weather
LONDON (ICIS)--Pirate attacks worldwide declined throughout May, with activity off the coast of Somalia reducing significantly, data released on.... more
(07 June 2012 12:16)

VIDEO - ICIS Europe Lunchtime Bulletin 7 June 2012
This is the lunchtime bulletin for Europe on Thursday 7 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(07 June 2012 13:00)

Greek DEPA hopes for winning natural gas bidder by year-end
The privatisation process of the dominant Greek natural gas provider, the Public Gas Corp (DEPA), and its subsidiary Hellenic Gas Transmission.... more
(07 June 2012 14:47)

UK heads towards more long-term natural gas deals with Statoil
Norway's Statoil gave a clear indication on Thursday that it will continue to evolve its long-term natural gas contracts to factor in greater hub.... more
(07 June 2012 16:03)

Age of cheap natural gas must prompt creative thinking - IEA's Birol
Energy stakeholders will have to think creatively to meet a number of challenges arising from the easier availability of natural gas, Fatih Birol,.... more
(07 June 2012 16:27)

June IPEX falls as all regional sub-indices drop
LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) has declined for the second consecutive month, with the June index falling to 335.37, its lowest.... more
(07 June 2012 16:29)

First NER300 funding unlikely to support original CCS plan
The first round of the European Commission's NER300 funding for the development of demonstration carbon capture and storage (CCS) and innovative.... more
(07 June 2012 16:51)

US propylene for June sheds 23%, contract hits 30-month low
HOUSTON (ICIS)--US polymer-grade propylene (PGP) contracts for June on Thursday fell by 15.50 cents/lb ($342/tonne, €273/tonne) from May to hit a.... more
(07 June 2012 20:31)

Most US May styrene contracts roll over on feedstocks
HOUSTON (ICIS)--Most US May styrene contracts rolled over from April levels of 70.00-74.00 cents/lb ($1,543-1,631/tonne,.... more
(07 June 2012 20:53)

US PP June contracts fall 15.5 cents/lb with propylene
HOUSTON (ICIS)--US polypropylene (PP) contract prices fell by 15.5 cents/lb ($342/tonne, €274/tonne) in June, following an identical drop in.... more
(07 June 2012 22:11)

VIDEO - ICIS Asia Lunchtime Bulletin 8 June 2012
Here is the lunchtime bulletin for Asia on Friday 8 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market news.... more
(08 June 2012 06:00)

Asia BR dips below $3,000/tonne; may extend falls on weak BD
By Helen Yan SINGAPORE (ICIS)--Spot butadiene rubber (BR) prices in Asia may extend falls after dipping below $3,000/tonne (€2,370/tonne).... more
(08 June 2012 06:17)

Egypt slaps 15% import duty on PP resins for 200 days from 5 June
SINGAPORE (ICIS)-- Egypt has imposed a 15% duty on polypropylene (PP) resins imports for a period of 200 days from 5 June, according to a.... more
(08 June 2012 09:34)

Lower Europe PE, PP prices lead to arb opportunities
By Linda Naylor LONDON (ICIS)--Lower polyethylene (PE) and polypropylene (PP) prices in Europe, coupled with a favourable exchange rate, are.... more
(08 June 2012 10:11)

Europe June toluene contracts confirmed down by $25-30/tonne
LONDON (ICIS)--European toluene contracts for June have been confirmed lower at $1,195-1,200/tonne (€944-948/tonne), down by $25-30/tonne from .... more
(08 June 2012 12:07)

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INSIGHT: Total makes moves to crack more gas
"Producers are assessing feedstock options and the ways they can reduce their reliance on expensive, oil-related naphtha." more

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