Asia will be exporting huge volumes of toluene to the US in May and June, easing the long supply in the region, which may curb the recent fall in prices, market sources said on Friday. Arbitrage volumes estimated at around 30,000 tonnes will be...―
NEW DELHI, INDIA: Indian Farmers Fertiliser Co-operative Ltd (IFFCO) has entered into a five-year agreement with Brazilian mining giant Vale SA for sourcing rock phosphate from the latter’s Bayovar mines in Peru. The terms of quantity of...―
Asia acrylonitrile-butadiene-styrene (ABS) prices trended higher in the first half of May gaining up to $50/tonne (€39/tonne) to the relief of suppliers though demand remains weak amid slow end-user orders, market participants said on ...―
Asia’s styrene butadiene rubber (SBR) producers are shipping out surplus stocks to the US market, where prices are higher, while regional demand is still weak, industry sources said on Wednesday. “It is tough now selling in Asia as...―
China Coal Energy is planning to invest yuan (CNY) 19.3bn ($3.1bn) to construct a 600,000 tonne/year engineering plastics project at Yulin in Shaanxi province, the company said on Tuesday. The project will be based on coal, which will be first...―
PUNE, INDIA: Valvoline Cummins Limited, a joint venture between Ashland Inc and Cummins India Limited, recently announced the opening of a new manufacturing and packaging plant in the Ambernath Industrial Area, near Mumbai. The new facility will...―
The acceptance of Venezuela into the Mercosur trade bloc is starting to produce changes in the tariffs code, as the country goes from being a member of the Andean Community of Nations to becoming a member of Mercosur, industry sources said on ...―
Spot styrene butadiene rubber (SBR) prices rebounded in Asia and may continue to increase in the near term, in line with rising values of feedstock butadiene (BD) and of rival product natural rubber, industry sources said on Friday. Further gains,...―
VIENNA, AUSTRIA: OMV has taken a strategic investment decision for butadiene production at its two refinery sites, Burghausen (Germany) and Schwechat (Austria) as part of its Refining & Marketing strategy. Around €230 million has been...―
Spot butadiene (BD) prices in Asia rebounded and look set to continue heading north in the near term, with regional supply being whittled down, partly by sellers taking advantage of an open arbitrage window to the US, market sources said on ...―
PHNOM PENH, CAMBODIA: DKSH Business Unit Healthcare has signed an agreement to provide marketing and sales, logistics, distribution, credit management and collection services in Cambodia, for Pfizer. Earlier, DKSH Healthcare was appointed by ...―
Asia expandable polystyrene (EPS) offers rose by around $30/tonne (€23/tonne) this week amid buoyant feedstock styrene monomer (SM) values and expectations that buying interest might revive next month, producers and distributors said on...―
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