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2016-10-17 17:21:00

Agreement signed AMITH and Messe Frankfurt to promote Morocco textile industry

A partnership agreement has been signed between Karim Tazi, president of AMITH (the Moroccan Association for the Textile and Clothing Industries) and Michael Scherpe, President of Messe Frankfurt

2016-10-14 03:50:59

PTA price moves up amid plant shutdowns in Asia

Asian PTA markers moved up slightly US$2-3 a ton CFR China and CFR Southeast Asia in the last week of September. In China, offers for nearby-month goods were slightly lower, and counter offers fell

2016-10-13 13:58:00

Ube Industries plans to invest in nylon capacity in Spain

In order to meet the growing demand for high added value nylon, Ube Industries is planning to invest in additional nylon manufacturing capacity at its subsidiary UBE Corporation Europe S.A.U. in

2016-10-12 14:26:00

Textile ministry to promote Indian textiles to new markets

Declining textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The textiles ministry of India is planning to do

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)

2016-10-07 03:21:30

PTA prices slips amid weak demand in Asia

Asian PTA markers slipped US$3 a ton CFR China in the third week of September. CFR Southeast Asia and CFR India markers were also assessed down on the week. Yisheng Petrochemical’s offers edged

2016-10-06 13:46:00

Royal Dutch Shell to restart ethylene cracker in Singapore

After unplanned shutdown, Singapore based Royal Dutch Shell is planning to restart its ethylene cracker at Pulau Bukom in the next few weeks. The cracker is currently shut down for unplanned

2016-10-06 05:02:08

Asian acrylonitrile market witnesses mixed price movements

Asian acrylonitrile markers CFR Far East Asia was flat in the third week of September while Southeast Asia declined sharply by US$40 a ton on the week. In China, offers for offshore cargoes were down

2016-10-05 03:05:02

Paraxylene price climbs on high naphtha cost

Asian paraxylene prices were up US$6.25 a ton CFR Taiwan/China in the third week of September while FOB Korea was up US$6.33 a ton on the week. Paraxylene prices in Asian markets inched up on the

2016-10-04 18:12:00

Hyosung Corp to invest US$ 27 million to increase spandex capacity

Hyosung Corporation, a leading textile company in South Korea plans to invest US$27 million to expand spandex capacity by 5000 tons in Istanbul, Turkey amid increasing demand from European and Middle

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