Tag Archives | paraxylene

China’s Next Target: Paraxylene Self-Sufficiency?

By John Richardson

ONLY a few years ago, people were discussing the great opportunities in purified terephthalic acid (PTA) as a globally traded product. I can remember confident talk of strong opportunities for export-based projects – especially, of course, projects …

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A Game Of Two Halves

Source: ICIS

 

By John Richardson

CHINA’S fibre intermediates industry could end of being a game of two halves in 2012, to use an old football (or soccer for the benefit of our America readers) cliché.

The reason is that …

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Cotton In Uncharted Territory

 

 

By John Richardson

POLYESTER producers, and their raw-material suppliers, enjoyed a huge boost to their profitability between October 2008 and March 2011 when cotton prices increased by 468 percent from 40 cents/lb to $2.27/lb.

This led to polyester …

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PX Goes Green

By Malini Hariharan

Work on commercialising a green route to paraxylene (PX) purified terphthalic acid (PTA) and other aromatics is speeding up.

US companies are at the forefront of recent developments. Virent is looking to produce a sugar-based ­aromatics stream …

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China set for aromatics expansion

By Malini Hariharan

China is preparing to bring onstream huge capacities for aromatics this year.

Nearly 1.7m tonnes/year of  toluene capacity is due to be added, writes Dolly Wu in the latest issue of ICIS Chemical Business.

The major projects …

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Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

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PTA And PX Keep Sliding

By Malini Hariharan

Asian spot prices for polyester raw materials continued to fall last week as concern on lack of buying support from the China market where concerns about the health of the global economy dampened sentiment.

Purified terephthalic acid …

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More trouble for paraxylene ACP

By Malini Hariharan

In yesterday’s post the blog made a reference to the difficulty in settling the October Asian contract price (ACP) for paraxylene (PX).

Wide differences in price expectations have held up negotiations with buyers rejecting producers’ initial efforts …

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China Refining: Where Is It Heading?

By Malini Hariharan

Yesterday’s post talked about refining capacity additions in China and India over the next few of years and how this will contribute to weak refining margins across the region.

The blog obtained a preview of a presentation …

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MEG bucks the trend

By Malini Hariharan

There are some exceptions to the generally weak petrochemical markets seen in Asia these days and monoethylene glycol (MEG) is one such product.

Spot prices have hit a 44-month high of $1,275-1,280/tonne CFR China and are expected …

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