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China acetic acid to rev up on India demand, peak turnarounds Source: ICIS News 2019/02/25

SINGAPORE (ICIS)--China's acetic acid market is at a turning point, with price rebound in sight as India's renewed interest would be a succor to Chinese producers.
Shipping containers at the port of Qingdao in China (Source: Sipa Asia/REX/Shutterstock)End-users in India are driven to seek Chinese material as low-priced acetic acid will soon be a thing of the past; prices have since bottome…
2019-05-13 18:15:46 Miaa

S. Korea signs FTAs with 5 Central American nations

 
By Ko Jae-man and Lee Ha-yeon
South Korea struggling against increasing protectionist barriers from the United States and China has made headway on the trade front by inking free trade agreements with five Central American countries. According to Korean Ministry of Trade, Industry and Energy on Wednesday, Korea has officially signed separate bilateral agreements with Costa Rica, El Sa…
2018-02-22 11:21:52 Miaa

SK Global Chemical completes PVDC business acquisition from Dow

 
By Kang Doo-soon and Minu Kim
SK Global Chemical, an affiliate of South Korea’s SK Innovation, said on Monday it has completed a deal to purchase polyvinylidene chloride (PVDC) business from Dow Chemical for an undisclosed sum. The deal could be worth $75 million, according to people familiar with the matter. The deal represents the second transaction between SK Global Chemical and …
2018-02-09 09:22:35 Miaa

Lotte Chemical to invest $47.1 mn to ramp up PIA production

 
Lotte Chemical to invest $47.1 mn to ramp up PIA production
 
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2018-02-06 09:57:47 Miaa

브라질 기업, 파라과이로 생산기지 이전 급증

 
브라질 기업, 파라과이로 생산기지 이전 급증2018-02-01 강유빈 브라질 상파울루무역관
- '마킬라 제도' 통한 파라과이 진출 기업의 70%가 브라질 국적 -
- 세제 혜택 및 저렴한 생산비용이 투자 유인 요소 -
  ㅇ 최근 여러 브라질 기업이 파라과이의 투자인센티브제도인 '마킬라 제도'를 통해 생산기지를 파라과이로 이전하거나 확장하고 있음. 
    - '마킬라 제도(Régimen Maquila)'는 …
2018-02-06 09:51:26 Miaa

EU acetic acid imports decline on month but stable on year

 
EU acetic acid imports decline on month but stable on year 
London (Platts)--16 Jan 2018 837 am EST/1337 GMT
European acetic acid imports in November declined by 23% month on month but fell by only 1% year on year to 42,582 mt, according to the latest Eurostat data.Over the first 11 months of 2017 imports totaled 409,742/mt, down 25% from the same period of 2016.Exports continued t…
2018-02-02 09:39:32 Miaa

Phosphoric Acid Market

Phosphoric Acid Market – Opportunities in Key Application Sectors by 2022January 4, 2018
Phosphoric acid is a colorless, odorless, and an inorganic acid used to acidify food products and beverages. Phosphoric acid is also utilized for preparing various types of phosphates for application in fertilizers. This acid also finds applications in non-fertilizers. Various types of end-uses of phos…
2018-02-01 11:25:08 Miaa

Lotte purchases Indonesian resin-making companies

 
Lotte purchases Indonesian resin-making companiesDec 22,2017
 
 
Korean retail giant Lotte said Thursday it has purchased Indonesian synthetic resin makers, the latest in a series of deals meant to tap deeper into the world’s fourth most populous nation.Lotte Advanced Materials, the chemical arm of Lotte, has signed a deal to wholly purchase PT Arb…
2018-01-31 11:13:08 Miaa

LG Chem to invest W300b in petrochemical facilities

LG Chem to invest W300b in petrochemical facilities
Published : Dec 26, 2017 - 16:13
LG Chem will invest a total of 300 billion won ($278.6 million) to expand its petrochemical facilities in Yeosu, South Jeolla Province, the company said Tuesday.With the investment, the company plans to increase the annual production capacities of crude acrylic acid and super absorbent polymer by 1…
2018-01-31 10:59:38 Miaa

Acetic Acid Market Worth USD 13.65 Billion by 2021

 
Acetic Acid Market Worth USD 13.65 Billion by 2021Acetic Acid Market for VAM, Acetate Esters, Acetic Anhydride, PTA and Other Application: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
 
Sarasota, FL -- (SBWIRE) -- 01/05/2018 -- Zion Market Research has published a new report titled "Acetic Acid Marke t for VA…
2018-01-30 17:01:45 Miaa

Vinyl Acetate Monomer Market Expecting

 
Vinyl Acetate Monomer Market Expecting Worldwide Growth by 2021December 6, 2016UncategorizedMonika Donimirska
 Vinyl Acetate Monomer (VAM) is an organic colorless compound which is made from the reaction of ethylene and acetic acid with oxygen in the presence of a palladium catalyst. It is an important chemical building material which is used in a variety of consumer and industrial pr…
2016-12-21 14:26:21 Miaa

US melamine higher on tight global supply

06 January 2016 20:31 Source:ICIS News
HOUSTON (ICIS)--The US melamine market is entering 2016 with higher prices amid tight global supplies as a result of a spate of planned turnarounds and other outages at various plants – mostly in Europe – during Q4.
The sole producer in the US, Cornerstone Chemical, announced a 10 cent/lb price increase effective 1 January as a result of s…
2016-02-05 09:58:22 Miaa

Petrochemical prices slump in January pushes global IPEX down 2.0%

LONDON (ICIS)--Petrochemical and polymer prices fell sharply in January in the major producing and consuming regions helping drive the ICIS Petrochemical Index (IPEX) down by 2.0% in the month.
Price falls were seen across the board as the oil price fell further and the demand outlook remained clouded by global economic uncertainty.
Financial and commodity market nervousness at the start …
2016-02-05 09:54:54 Miaa

The International Fertilizer Industry Association estimates...

fertilizers.The global population is expected to reach more than 9 billion by 2050. This rapid expansion places tremendous strain on an already overburdened agricultural industry. To meet this demand, farmers increasingly need to apply more fertilizers to keep pace. This equates to reduced inventories and stronger prices for fertilizers in the near and long term.
Fertilizers are compound…
2015-09-04 09:51:12 Miaa

GCC Chemicals Production Rises by 4.5%, says GPCA Annual Report

April 6, 2015: Petrochemicals production in the GCC rose by 4.5% in 2014, the second highest growth region in the world, according to the Gulf Petrochemicals and Chemicals Association’s (GPCA) Annual Report 2014.
Regional growth in chemicals production is largely attributed to a surge in plastic production, which grew by 6% in 2014, nearly twice the worldwide average. Meanwhile, gl…
2015-04-24 10:35:34 Miaa

 

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