ICIS - Search Articles by Date : August 19 2002 - August 25 2002

Shell for Sing MEG but not PE
Shell Chemicals plans to construct a monoethylene glycol (MEG) facility but not a PE unit downstream of its proposed cracker in Pulau Bukom, Singapore more
(22 August 2002 15:22)

Market trends: Propylene up again
Ethylene shoots up by $25-30 while naphtha and ammonia rise marginally. Butadiene and MTBEremain quiet while methanol declines in SEA more
(22 August 2002 16:24)

Global roundup
From stories supplied by the CNI and ACN teams more
(23 August 2002 10:40)

Useful contacts
The Federation of Thai Industries Queen Sirikit National Convention Center, 60 New Ratchadapisek Road, Klongtoey, Bangkok 10110 Tel:.... more
(23 August 2002 13:15)

Thai transformation
The Thai chemical industry claims to have reinvented itself, following the Asian crisis of 1997, from being domestically focused to a global.... more
(23 August 2002 13:15)

Star player
The chemicals sector in Thailand is worth more than US$3bn/year, with demand for fertilisers and rapid industrialisation being key to growth. This.... more
(23 August 2002 13:15)

Strengthening Thais
Thailand has been beefing up its competitiveness,attracting US$4.6bn in foreign investment last year. The chemicals sector is doing particularly.... more
(23 August 2002 13:15)

A healthy future
Although Thailand's pharmaceutical sector is still in its infancy, the country has become one of the cheapest production centres in the world and a.... more
(23 August 2002 13:15)

Advertising feature: Chancing China
Solutia sees Thailand as an ideal base from which to expand further into the Asia-Pacific region - particularly China more
(23 August 2002 13:15)

DuPont to spin off China textiles
DuPont will spin off its textile-related industries in China by end-2003 in order to concentrate on value-added products in its chemicals business on.... more
(23 August 2002 13:15)

A knotty poser
A healthy demand growth for most polymers is expected to push Indian markets into deficit in the next three years. But for Indian companies,.... more
(23 August 2002 13:15)

Jan 2003 startup for Ulsan fibre line
Daehan Synthetic Fibre is expected to start up its expanded conjugate fibre line at Ulsan, South Korea, in mid-January 2003 more
(23 August 2002 13:15)

FET studies Chinese polyester plant
Taiwan's Far Eastern Textile (FET) is planning to build a polyester plant in China more
(23 August 2002 13:15)

Vinachem ready to go alone at Ha Bac
Vietnam Chemical Corp (Vinachem) may go it alone to build a 330 000 tonne/year ammonia facility and a 560 000 tonne/year urea plant in Ha Bac,.... more
(23 August 2002 13:15)

Yangzi to increase Nanjing PTA capacity
Yangzi Petrochemical is to raise its purified terephthalic acid (PTA) capacity to 1.2m tonne/year or more at its plant in Nanjing, Jiansu, China more
(23 August 2002 13:15)

New projects summary
As reported in ACN 12-25 August 2002 more
(23 August 2002 13:15)

Inchon unlikely to meet stake sale deadline
Analysts and industry observers were last week pessimistic about Inchon Oil's ability to meet the 25 September deadline for attracting a strategic.... more
(23 August 2002 13:15)

South Korea set to ease foreign labour rules
The South Korean government is to ease a number of regulations, among them labour-related restrictions, in order to attract foreign investment into.... more
(23 August 2002 13:15)

Showa Denko cuts naphtha reliance
Showa Denko is planning to step up its use of natural gas feedstock for olefins production to 30-40% from the current 20%, provided that the price of.... more
(23 August 2002 13:15)

Kolon to sign MoU for Kohap
Kolon Industrial plans to sign an MoU this week to acquire Kohap's 7700 tonne/year nylon and 29 700 tonne/year polyester film plants more
(23 August 2002 13:15)

Namhae Chem to move to oil refining and trading
Namhae Chemical is planning to move into the oil refining business, and into oil trading and distribution to improve profitability more
(23 August 2002 13:15)

Indian urea policy finalisation delayed yet again
The finalisation of a new Indian urea policy being drawn up by a Group of Ministers (GoM) has been delayed until September or October more
(23 August 2002 13:15)

Chinese interest in NFC stake wanes
A Chinese fertiliser and chemical company which had been in talks to take an equity stake in Thailand's National Fertiliser Co appears to have lost.... more
(23 August 2002 13:15)

Sinopec on target after stronger Q2
Sinopec is likely to achieve its 2002 net profit target of Rmb14bn (US$1.69bn) as a result of a strong improvement in its Q2 performance over Q1 more
(23 August 2002 13:15)

Global roundup
From stories supplied by the CNI and ACN teams more
(23 August 2002 13:15)

Startup report: Flood of PTA startups
PTA prices will come under downward pressure as a number of planned expansions come to fruition, but Chinese demand should ensure decent returns more
(23 August 2002 13:15)

Scene set for Sept PX price showdown
Asian paraxylene producers and customers look set for a showdown over September contract prices more
(23 August 2002 13:15)

$40/tonne MEG price hike 'too steep'
Dow Chemical and Sabic have announced monoethylene glycol (MEG) contracts for September at US$510/tonne cfr Asia more
(23 August 2002 13:15)

Ho Tung Nanjing LAB startup delayed
Ho Tung Chemical has pushed back the startup of its 72 000 tonne/year linear alkylbenzene (LAB) plant in Nanjing, China, to H1 2003 from Q3 2002 more
(23 August 2002 13:15)

Asian styrene prices could climb to $750 in October
Asian styrene players are expecting prices to hit the US$750/tonne fob Korea level in October on tightening supply with the onset of the turnaround.... more
(23 August 2002 13:15)

C3 buyers shun $550-580 offers
The bull run in Asian propylene markets ground to a halt last week with buyers from the PP sector insisting that they could in no way accommodate.... more
(23 August 2002 13:15)

Market trends: Benzene climbs
Styrene also surges and is expected to spike again in October. Paraxylene and orthoxylene trading continues to be thin more
(23 August 2002 13:15)

Yizheng Chemical Fibre plans to expand polyester capacity to 1.5mtpa by 2005
Yizheng Chemical Fibre plans to expand its 1m tonne/year polyester capacity to 1.5m tonne/year by 2005 more
(23 August 2002 13:15)

Air Products builds TDA unit in SCIP
Air Products is to build a 200 000 tonne/year toluene diamine (TDA) plant in the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai, China more
(23 August 2002 13:15)

NCIP in talks for two more C2s
China's Nanjing Chemical Industry Park (NCIP) is in talks with several potential investors for two new cracker projects more
(23 August 2002 13:15)