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Search Results for: terephthalic acid

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
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
Paraxylene prices drop for second consecutive week on weak demand
Paraxylene prices dropped for the second consecutive week in Asian markets in the week ended 22 May. However, prices were lifted week end as upstream and downstream prices were firmer. Meanwhile, JX
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
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,
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
Textile dept decides to take up issue on duty rationalization with PM
This is for first time that the Indian department of textiles has taken up the issue of “duty rationalization” with the PM, although it has noted that the approvals of other ministries
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
Prices of polyester yarn raw material MEG and PTA on rise in domestic market
Indian polyester yarn makers are witnessing drop in their margins by about 10-15 percent due to rise in raw material prices by Rs.10-15 a kg in the domestic market. In the domestic market, polyester
Prices of polyester yarn raw material MEG and PTA on rise in domestic market
Indian polyester yarn makers are witnessing drop in their margins by about 10-15 percent due to rise in raw material prices by Rs.10-15 a kg in the domestic market. In the domestic market, polyester
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