08 April 2013 02:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 5 April 2013.
(Please click on the link to read the full text)Focus South Asian PS exports in April limited amid tight SM supply
Focus S Korea BD producers tap arbitrage window to the US
The recent plunge in butadiene (BD) prices in Asia has opened up the arbitrage window, prompting South Korean producers to ship out their surplus stocks to the US in a bid to stem the price falls, industry sources said on Tuesday.
Focus Asia EPS makers lower offers to stoke buying
Asia expandable polystyrene (EPS) suppliers have lowered offers in a bid to stimulate buying momentum but end users have not stepped in yet, though demand is expected to resume from the construction industry later in this quarter, market sources said on Wednesday.
Focus China methanol usage to surge as new fuel standards take effect
China’s methanol consumption will get a strong boost with the expected implementation of a new fuel blending standards in the country by the end of the year, industry source said on Thursday.
Thailand's IVL in talks to build PX plant in the Middle East
Thailand-listed polyester maker Indorama Ventures Ltd (IVL) is in talks with a state-owned oil firm in the Middle East amid plans to build and operate a paraxylene (PX) production unit in the region, a company spokesperson said on Tuesday.
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