SABIC | YnFx - Part 2

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2017-06-05 17:00:00

Gulf petchem producers tying up with overseas for projects and acquisitions

Gulf petrochemical producers mainly based in Saudi Arabia due to regional gas shortage and the need to be closer to their customers will target more international players for petrochemical projects

2017-04-20 15:00:00

ExxonMobil to build world's largest ethylene cracker plant in South Texas

Petrochemical giant Exxon Mobil Chemical Co. with project partner Saudi Arabic Basic Industries Corp plans to build the $10 billion world's largest ethylene cracker plant near Portland in the

2016-10-10 17:47:00

Saudi Arabia emerges third largest producer of ethylene globally

Saudi Arabia, 3rd largest producer of ethylene after USA and China, with 17 million tons annually in 2016 and US$ 17 billion average sales per year. Saudi Basic Industries Corporation (SABIC)

2016-04-06 07:32:29

MEG prices decline in Asia while stable in US, Europe

Asian MEG markers were down US$14 a ton CFR China in the fourth week of March. Sabic nominated its April Asia contract price which was up US$110 a ton from March. Mono ethylene glycol markets in

2015-12-30 06:53:04

MEG price gains in Asia, down in US and Europe

Asian MEG markers gained US$20 a ton CFR China and CFR South East Asia in the third week of December. SABIC nominated its January Asia Contract Price at US$730 a ton CFR Asian main ports, down

2015-12-23 07:27:11

MEG price declines in Asia

In the second week of December, Asian MEG markers edged up US$4 weekend but fell US$13 a ton CFR China on the week. Mono ethylene glycol prices edged up weekend on late short-covering by traders

2015-11-25 08:02:29

MEG price slips in Asia while rose in Europe

Asian MEG markers fell US$25 a ton CFR China and Southeast Asia CFR in the second week of November. In China, central prices slipped below US$600 a ton, with some deals done at low levels.

2015-11-04 12:46:25

MEG price moves up in Asia

Asian MEG prices inched up US$4 a ton CFR China in the fourth week of October. In China, nearby-month cargoes were quoted at US$655-660 a ton, and counter offers were at US$650 a ton, with

2015-06-23 06:54:17

Asian MEG markets undergo correction, fundamentals stable in US and Europe

Asian mono ethylene glycol markets were under correction in the week ended 12 June from its earlier bullish week as players were mulling over the waning polyester demand and reduced operating rates

2015-04-24 14:00:00

CAP Carpet acquires another N.C. plant Mountain Rug Mills

CAP Carpet, a longtime business based in Wichita, owns Aircraft Interior Products and White Oak Custom Carpet has acquired Mountain Rug Mills and Spinning Wheel Rugs in Hendersonville, N.C.

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