ethylene glycol | YnFx - Part 17

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2015-09-16 11:15:01

MEG price inches down in Asian market

In the first week of September, Asian MEG prices edged down US$7 a ton both CFR China and Southeast Asia. In China, offers for nearby-month cargoes were at US$705-710 a ton, and counter offers were

2015-09-09 11:22:31

MEG price goes up in Asia while rolls over in US

In US, spot MEG price was stable in the last week of August as Asia rose while demand was slow to steady amid dropping September contract price. Asian MEG prices rose US$11 a ton CFR China in the

2015-07-10 12:00:00

Export potential for Indian synthetic yarn industry sees sharp decline again

Export potential for synthetic yarn in the Indian industry is seeing a sharp decline again with the dwindling Chinese economy. The recent market crash in China has a lot to do with bleak outlook of

2015-06-30 17:29:00

Polyester pricing softening across the value chain

Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets

2015-05-07 12:00:00

Manmade yarn and fabric industry likely to see growth rate of 5 to 7pc in this year

The manmade yarn and fabric industry likely to see growth rate from five to seven percent in 2015-16, with stability in crude oil prices. However, as Indian synthetic yarn and fabric performance has

2015-04-16 14:00:00

RIL to set up 2 PTA plants will move India to self-sufficiency

Mukesh Ambani-led Reliance Industries Limited will be soon come up with two new petrochemical plants. These plants will be manufacturing polyester plastic that is used in packaging, plastic bottles,

2015-02-08 16:15:00

Reduction in excise duty on all manmade fibre suggest CITI

Globally, manmade fibre accounts for 70 percent of the fibre consumption while in India; it is less than 30 percent. The Indian textile industry to boost use of synthetic fibre want reduction in

2014-11-17 11:28:00

Dow Chemical to dilute holdings in MEGlobal and EQUATE

Dow Chemical Company (DOW) will reconfigure and reduce its equity base in the MEGlobal and Greater EQUATE joint ventures, including The Kuwait Olefins Company (TKOC) and The Kuwait Styrene Company

2014-11-11 17:54:00

Formosa investing US$2.0 bn in US to capitalise on shale energy revolution

Formosa Plastics Group, Taiwan's petrochemical giant, has drawn up plans to invest US$2 billion into its US investment projects to capitalise on North America's shale energy revolution, a daily

2014-10-06 17:30:00

Dull business clouds encircle Surat textile industry this festive season

Dull business since past 4-5 months has created liquidity crunch among the man-made textile players, especially in the processing, dyeing and weaving value chain. This has led to reduced ability

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