ICIS - Search Articles by Date : September 09 2002 - September 15 2002

Inchon Oil seeks to extend sale deadline
Inchon Oil intends to appeal to the Seosan district court to extend until March 2003 the deadline for concluding an asset sale, due to a delay in.... more
(13 September 2002 12:47)

Chems assess risk from US-Iraq crisis
CoConcerns about a new global economic crisis were dominating the minds of petrochemical producers in Asia last week as US rhetoric about an imminent.... more
(13 September 2002 12:47)

Tiger Oil in tie-up talks with Namhae Chemical
Tiger Oil is in talks for an alliance with Namhae Chemical more
(13 September 2002 12:47)

Yizheng reaches for the skies
One usually does not get to have one's cake and eat it too, but that is exactly what Yizheng Chemical Fibre Co wants to do more
(13 September 2002 12:47)

NFC's search for strategic investor to be delayed
National Fertiliser Co's search for a potential strategic investor is likely to be delayed until Q1 2003 due to problems in finalising a.... more
(13 September 2002 12:47)

Indo Rama to further expand PSF, fibre chips
Indo Rama Synthetics (India) plans to further expand its polyester staple fibre and polyester fibre grade chip capacities at Butibori, Maharashtra,.... more
(13 September 2002 12:47)

Global roundup
From stories supplied by the CNI and ACN teams more
(13 September 2002 12:47)

HPL in danger of being taken over by creditors
ia Petrochemicals Ltd (HPL) could be taken over by Indian financial institutions, its creditors, if it does not reach a debt-restructuring deal by.... more
(13 September 2002 12:47)

Honam favoured for Hyundai
Hyundai Petrochemical's main creditor favours Honam Petrochemical as a buyer for the former company's assets more
(13 September 2002 12:47)

Treacherous navigation
Oil and chemical companies are caught between the devil and the deep blue sea when it comes to getting the balance right between ensuring the safety.... more
(13 September 2002 12:47)

Smoke gets in your eyes
Safety and environmental concerns have prompted some companies to adopt stringent ship inspection and vetting standards. But the lack of.... more
(13 September 2002 12:47)

Arabian allure
Low freight rates have helped enhance the competitiveness of Middle Eastern polymer exporters. But the advantage could fade in the coming years as a.... more
(13 September 2002 12:47)

Chloralkali report: Spot caustic edges up
Asian spot caustic soda edges up by $10-20/dmt following a pick-up in demand and higher US prices during the last two months more
(13 September 2002 12:47)

Asian PVC suppliers in fresh bid for hike
Asian PVC makers are likely to make one more attempt to hoist prices in October more
(13 September 2002 12:47)

Turnarounds may push up NH3 levels
Asian ammonia market players expect ammonia prices to head north in the coming weeks on strong demand and a tightening in supply more
(13 September 2002 12:47)

Market trends: Wait and watch
Styrene prices dip by $20-25/tonne as demand eases. Meanwhile, benzene players wait for clearer direction as market sentiment builds up over the.... more
(13 September 2002 12:47)

Market trends: Butadiene booms
Naphtha rises by $14 on concerns of a US-led attack on Iraq and strong crude oil prices. Meanwhile, propylene plunges $30-40 in the span of two weeks more
(13 September 2002 12:47)

Chemical markets cautious as US-Iraq war looms
Growing concerns of a US-led strike on Iraq prompted buyers and sellers in many petrochemical markets to take a cautious stance last week more
(13 September 2002 12:47)

More sources claim Dow is eyeing Tianjin exit
Dow Chemical is considering abandoning Tianjin as the location for its 600 000 tonne/year cracker project in China more
(13 September 2002 12:47)

Iran's NPC to build cracker in Ilam
Iran's National Petrochemical Co is planning to build a gas-based cracker of around 300 000 tonne/year in Ilam, southern Iran more
(13 September 2002 12:47)

Sabic Euro eyes second Iran ldPE
Sabic EuroPetrochemicals is mulling a second ldPE investment in Iran more
(13 September 2002 12:47)

Oil majors to respond to Saudi rejection
Eight foreign oil majors involved in the US$25bn Saudi gas initiative project are expected to respond by early October to the Saudi government's.... more
(13 September 2002 12:47)

Expansion for Jiangxi silicon
Blue Star Xinghuo Chemical Works will expand its 70 000 tonne/year organic silicon compounds plant in Jiujiang, Jiangxi, China more
(13 September 2002 12:47)

Huvis plans two phases for PSF
Huvis Corp plans to complete its proposed polyester staple fibre project at Zigong, Sichuan, China, in two phases instead of one more
(13 September 2002 12:47)

Taiwan group eyes worldscale China C2
A group of Taiwanese petrochemical companies are studying building a worldscale cracker complex in China more
(13 September 2002 12:47)

VAM producers announce $100 hike
Producers up Asian VAM offers by $100 more
(13 September 2002 12:47)

Idemitsu's sale of stake in Brazil PCjv delayed to H2 2003
Idemitsu Petrochemical expects to conclude the sale of a 33% stake in its polycarbonate joint venture in Brazil only by H2 2003 more
(13 September 2002 12:47)

New projects summary
As reported in ACN 2-15 September 2002 more
(13 September 2002 12:47)

Cautious optimism
Operators and lessors in the chemical tank container business are looking forward to brighter days after struggling with low margins and falling.... more
(13 September 2002 12:47)

Re-opening the path to success
Five years after its financial crisis of 1997-98 Thailand is back on course. Despite setbacks as a result of the crisis, the chemical sector is now.... more
(13 September 2002 18:08)

Investing for global reach
Thailand has much to offer investors and has recently restructured its legal framework in line with best business practice and is succeeding in.... more
(13 September 2002 18:08)

Effective dialogue
An interview with Peter Gothard, managing director of Effective Planners - subsidiary of Australia-based Ferrier Hodgson. Effective Planners is a.... more
(13 September 2002 18:08)

Membranes get front seat
Solvay's advanced polymers business unit has set up a new website specif-ically for the membrane industry more
(13 September 2002 18:08)

DuPont unveils 'greener' route to ingredients
Scientists at DuPont have developed an economical, 'green' route to produce fluoroaromatics (Science 6 September 2002) more
(13 September 2002 18:08)

Lion stops research
Lion Bioscience plans to exit the drug discovery sector at the end of 2002 to concentrate on its business in software for the pharmaceutical and.... more
(13 September 2002 18:08)

Lonza sails on winds of change
Lonza's decision to cut back its operations in exclusive synthesis could be the first of many such changes for players in the custom manufacturing.... more
(13 September 2002 18:08)

Product profile: Acrylic acid
Adverse market conditions have led to some industry streamlining and world markets are starting to gain a more balanced position more
(13 September 2002 18:08)

News in brief
Cost-cutting Akzo Nobel subsidiary Eka Chemicals Sweden is cutting 60 jobs in Europe and a further 30 in North America in a reorganisation of.... more
(13 September 2002 18:08)

News in brief
Ethyl acetate costs Rohm and Haas is looking to increase prices of all ethyl acetate based adhesives, primers and film coatings used in the.... more
(13 September 2002 18:08)

News in brief
Leak damage Czech PVC producer Spolana said that nearly 81 000kg of chlorine leaked from its Neratovice plant as a result of severe.... more
(13 September 2002 18:08)

BIOTECH in brief
Free web data Data from the Affymetrix/ National Cancer Institute human transcriptome initiative is now freely available to the public.... more
(13 September 2002 18:08)

News in brief
HTT partner LGC is the core partner in a new Faraday Partnership in high throughput technologies (HTT). The aim of the Insight partnership is.... more
(13 September 2002 18:08)

News in brief
Cornerstone laid Hungary's petrochemical company TVK will hold a ceremony to lay the cornerstone of a 250000 tonne/year ethylene cracker.... more
(13 September 2002 18:08)

People on the move
Ashland Specialty Chemical US Ashland Specialty Chemical has announced three new appointments. Marcello Boldrini will become vice president of.... more
(13 September 2002 18:08)

20 years ago
20 years ago ECN 13 September 1982 more
(13 September 2002 18:08)

US FDA strengthens drug review process
The US Food and Drug Administration (FDA) plans to consolidate the review process for new pharmaceutical products more
(13 September 2002 18:08)

Solvents monitor: Tight supplies prevent price erosion
Feedstock shortages and maintenance turnarounds have kept prices afloat, but producers hope for price hikes in September. Ethyl acetate prices jumped.... more
(13 September 2002 18:08)

Bayer makes time for tee
Made from the Bayer plastic Makrolon, the Lasterline tee is designed to ensure that when teeing off, the golfer has direct contact with the ball.... more
(13 September 2002 18:08)

Lonza: bending to change
Lonza Group will reorganise its activities in the area of exclusive chemical synthesis of intermediates and active ingredients for the pharmaceutical.... more
(13 September 2002 18:08)

Producers push price increases
Caustic soda availability continues to drop globally and producers have announced a new round of price increases, after a previous attempt failed in.... more
(13 September 2002 18:08)