ICIS - Search Articles by Date : June 11 2012 - June 17 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 8 June 2012. (Please click on the.... more
(11 June 2012 02:00)

Crude futures up by more than $2/bbl on Spain's bailout package
SINGAPORE (ICIS)--Crude prices rose by more than $2/bbl in early Asian trade on Monday on easing concerns about the eurozone debt crisis, after.... more
(11 June 2012 04:28)

NATPET, A Schulman build PP compounding unit in Saudi Arabia
SINGAPORE (ICIS)-- Saudi Arabia ’s National Petrochemical Industrial (NATPET) and the US ’ A Schulman plan to build a 100,000 tonne/year.... more
(11 June 2012 04:31)

Weak demand plagues Asia ABS market
By Clive Ong SINGAPORE (ICIS)--Weak demand continues to curb trades and weigh on prices of acrylonitrile-butadiene-styrene (ABS) in Asia ,.... more
(11 June 2012 05:11)

VIDEO - ICIS Asia Lunchtime Bulletin 11 June 2012
Here is the lunchtime bulletin for Asia on Monday 11 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(11 June 2012 06:00)

Asia naphtha to stay soft on supply surplus, poor margins
By Ong Sheau Ling SINGAPORE (ICIS)-- Asia ’s naphtha spot prices are likely to stay soft in the short-term, undermined by a supply glut,.... more
(11 June 2012 06:58)

China’s May crude imports hit record high of 25.5m tonnes
SINGAPORE (ICIS)-- China imported a record high of 25.5m tonnes of crude oil in May, up by 18.3% year on year and 14.5% from April, compared.... more
(11 June 2012 07:00)

Europe top stories - weekly summary
LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 8 June 2012. Lower Europe PE, PP prices lead to.... more
(11 June 2012 09:00)

Europe chemical stocks rise on Spanish bailout package
LONDON (ICIS)--European chemical stocks rose on Monday, in line with financial markets, after eurozone ministers agreed to provide Spain with.... more
(11 June 2012 11:07)

Power cuts pose threat to Norwegian natural gas exports - GASSCO CEO
The increasing electrification of the energy system in Norway poses more of a risk to natural gas production than a severe spell of cold weather,.... more
(11 June 2012 12:21)

VIDEO - ICIS Europe Lunchtime Bulletin 11 June 2012
This is the lunchtime bulletin for Europe on Monday 11 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(11 June 2012 13:00)

MiFID II could drain German curve liquidity – Stadtwerke
Germany's municipal utilities fear the proposed second Markets in Financial Instruments Directive (MiFID II) regulation could force smaller.... more
(11 June 2012 15:19)

TEPCO secures 1mtpa long-term deal with Qatargas
Japan's largest power utility, Tokyo Electric Power Co (TEPCO), has entered into a long-term LNG sales and purchases agreement for 1 million tonnes.... more
(11 June 2012 15:36)

Steel major mulls challenge to court ruling worth 15.5m EUAs
A decision by the EU's highest court to throw out a legal challenge to the terms of free allocation of carbon allowances to the steel sector has.... more
(11 June 2012 15:44)

Turkish firms urged to trade OTC ahead of EPIAS launch
Turkish electricity companies should be encouraged to take positions on over-the-counter traded platforms because some participants are expecting an.... more
(11 June 2012 16:31)

US ethylene margins fall 12% as spot values continue plunging
HOUSTON (ICIS)--US ethylene margins fell by 12% on continued weakness in spot values and lower co-product prices, the ICIS margin report showed.... more
(11 June 2012 17:13)

China’s benzene prices to drop on weak demand
SINGAPORE (ICIS)--China’s benzene prices are likely to continue falling in June because of weak demand and bearish sentiment, but the decline may.... more
(12 June 2012 05:10)

VIDEO - ICIS Asia Lunchtime Bulletin 12 June 2012
Here is the lunchtime bulletin for Asia on Tuesday 12 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(12 June 2012 06:00)

China polyester makers cut output on high stocks, poor margins
By Becky Zhang SINGAPORE (ICIS)--Chinese polyester makers have started cutting production early this month amid current high inventory.... more
(12 June 2012 09:21)

Azelis sells thermoplastic polymers business to France's Gazechim
LONDON (ICIS)--Azelis has sold its thermoplastic polymers business to France-headquartered Gazechim, in line with its strategy to focus on.... more
(12 June 2012 11:21)

Europe naphtha crack spread softens further on weaker Asia market
LONDON (ICIS)--The European naphtha crack spread has fallen further into negative territory because of a weaker Asian market reducing opportunities.... more
(12 June 2012 12:11)

VIDEO - ICIS Europe Lunchtime Bulletin 12 June 2012
This is the lunchtime bulletin for Europe on Tuesday 12 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(12 June 2012 13:14)

German minimum natural gas Day-ahead capacity price rejected by EFET
A proposal by German natural gas transport capacity platform trac-x primary to set a minimum price for Day-ahead capacity has elicited strong.... more
(12 June 2012 14:52)

UK reforms threatening natural gas and electricity investment – Big Six
Some of the UK's "Big Six" energy companies are struggling to secure investment in a number of major electricity generation projects because of.... more
(12 June 2012 16:29)

US June truck acetone prices expected to drop on propylene
HOUSTON (ICIS)--US truck acetone prices for June continue to be hit hard by falling propylene values, sources said on Tuesday, which should push.... more
(12 June 2012 20:57)

Asia PTA makers seek lower July PX offtake to stem losses
By Bohan Loh SINGAPORE (ICIS)--Purified terephthalic acid (PTA) makers in Asia are seeking to reduce offtake volumes of high-priced.... more
(13 June 2012 04:55)

VIDEO - ICIS Asia Lunchtime Bulletin 13 June 2012
Here is the lunchtime bulletin for Asia on Wednesday 13 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(13 June 2012 06:00)

Iran’s Sepahan Oil to restart Isfahan base oils plant on 22-23 June
SINGAPORE (ICIS)--Iranian refiner Sepahan Oil Co (SOC) is planning to restart its 400,000 tonne/year base oils unit in Isfahan province on 22-23.... more
(13 June 2012 09:53)

Soaring European benzene prices plague wider market
LONDON (ICIS)--Soaring European benzene prices continue to wreak havoc in the wider petrochemical market, sources said on Wednesday, as the.... more
(13 June 2012 11:43)

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

US producer prices for chemicals drop 2.1% in May, plastics rise
WASHINGTON (ICIS)-- US wholesale prices for basic organic chemicals fell by 2.1% in May from April, the Labor Department said on Wednesday, part.... more
(13 June 2012 14:29)

Natural gas TSO cross-border balancing criticised by industry lobbies
European energy industry lobby groups have raised concerns over encouraging natural gas transmission system operators to trade in adjacent markets.... more
(13 June 2012 17:35)

E.ON eyes bear electricity markets while others mull exit
The renewables arm of German energy giant E.ON still considers Spain and Italy among its core markets for investments in power generation capacity.... more
(13 June 2012 18:51)

VIDEO – ICIS Americas Lunchtime Bulletin 13 June 2012
Here is the lunchtime bulletin for the Americas on Wednesday from ICIS (www.icis.com). The Lunchtime Bulletin brings you all the.... more
(13 June 2012 19:00)

CERs hit record low amid oversupply and ERU glut
The key UN carbon offset contract has hit a record low, with market participants and analysts saying there is little on the horizon to offer support.... more
(13 June 2012 19:38)

US June cumene prices settle at 14% drop on cheaper propylene
HOUSTON (ICIS)--US June cumene contract prices fell 14% from May levels, sources said on Wednesday. Buyers and sellers said June prices.... more
(13 June 2012 20:35)

VIDEO - ICIS Asia Lunchtime Bulletin 14 June 2012
Here is the lunchtime bulletin for Asia on Thursday 14 June from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market.... more
(14 June 2012 06:00)

Singapore bitumen to extend downtrend; Asia in oversupply
By Alfa Li SINGAPORE (ICIS)--Spot bitumen prices in the Singapore market may continue to fall because of a regional oversupply, as.... more
(14 June 2012 06:36)

Asia paraffin wax to weaken further on CPO falls, poor demand
By Jasmine Khoo SINGAPORE (ICIS)--Spot paraffin wax prices in Asia may continue to fall, in tandem with values of palm wax – a widely used.... more
(14 June 2012 07:32)

Europe PE buying stalls on expectations of lower July prices
LONDON (ICIS)--European polyethylene (PE) buyers are putting purchases on hold over expectations of even lower prices in July following sharp,.... more
(14 June 2012 10:45)

Japanese Kansai to restart nuclear reactors
The town mayor of Oi, Shinobu Tokioka, on Thursday has given his approval to the restart of Kansai Electric Power Company's two nuclear reactors.... more
(14 June 2012 12:55)

VIDEO - ICIS Europe Lunchtime Bulletin 14 June 2012
This is the lunchtime bulletin for Europe on Thursday 14 June from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(14 June 2012 13:00)

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INSIGHT: PET Latin America - looking to Asia for direction
"PET demand in Latin America has been slower than expected throughout 2012 and 2013 even for the peak soft-drink seasons." more

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