June 2007
ICIS Chemical Business;6/25/2007, Vol. 2 Issue 72, p13
Trade Publication
The article cites expansions of propylene markets in Asia. One of which is Formosa Petrochemical Corp.'s move of bringing its facility on stream in Mailiao, Taiwan. Asian spot prices are cited to have dropped sharply since the cracker started operating, seen likely to fall below $1,000/tonne cost and freight northeast Asia. It is believed that Asian expansions will continue to add uncertainty to propylene markets worldwide for some time to come.


Related Articles

  • Asian supply constraints push propylene prices up. Brice, Andy; Hwee, Peh Soo // ICIS Chemical Business;8/16/2010, Vol. 278 Issue 5, p17 

    The article reports on the effects of Formosa Petrochemical Corp.'s outages in Taiwan on the propylene market in Asia. There was a rapid increase in propylene prices as a result of this outage. The Taiwanese producer was reported to have purchased a regional cargo of propylene at 1150-1 dollar,...

  • Formosa shutdowns cut Asian naphtha prices. LOO, FELICIA; PITCHES, JO // ICIS Chemical Business;6/6/2011, Vol. 279 Issue 20, p25 

    The article reports that naphtha prices in Asia continue to decline on reduced demand from the region's top spot buyer, Taiwan's Formosa Petrochemical Corp. (FPCC).

  • Formosa may find C3 for PP project. Greenwood, Al // ICIS Chemical Business;9/14/2015, Issue 3674, p10 

    The article discusses the possibility of Formosa Petrochemical being able to source enough propylene in Louisiana for its proposed polypropylene (PP) plant. Topics mentioned include the feasibility study being conducted by Formosa, according to Governor Bobby Jindal, the other PP plant owners in...

  • Asia naphtha strengthens ahead of Formosa restart. LOO, FELICIA; PITCHES, JO; Martin, Sheena; Dillon, Tony // ICIS Chemical Business;9/12/2011, Vol. 280 Issue 7, p25 

    The article reports that naptha prices in Asia are expected to rise in September 2011 with prospective restart of Formosa Petrochemical Corp.'s crude distillation plant, whereas the European naptha cargo market is seemed to be on downfall due to poor demand.

  • Butadiene rebounds. Viswanathan, Prema // Asian Chemical News;10/27/2003, Vol. 10 Issue 421, p34 

    Reports on the recovery of butadiene prices in several countries in October 2003. Factors behind the trend; Effect of the shutdown of an outage at Formosa Petrochemicals in Taiwan on butadiene prices; Information on the prices of other chemicals, such as naphtha, propylene and ammonia.

  • Cracker Margins Improve on Tightening Supply. Sim, Peck Hwee // Chemical Week;10/19/2005, Vol. 167 Issue 34, p30 

    The article asserts that sharp contract price increases should allow cracker margins to expand significantly in the fourth quarter of 2005. Ethylene supply has been tight since an explosion and fire shut down Innovene's 1.9-billion lbs/year ethylene plant at Chocolate Bayou, Texas in August....

  • Ethylene prices set to decline.  // Chemical Business;Mar2007, Vol. 21 Issue 3, p87 

    The article reports that Asian prices of ethylene may extend losses as South Korea and Taiwan boost supplies. Ethylene is an oil-based chemical used to make plastics and synthetic fibers. In the month ended March 2, 2007, ethylene fell 13 percent. Korea's ethylene maker Yeochun NCCCO, restarted...

  • Caustic Soda Prices to Rise Further? Coons, Rebecca // Chemical Week;5/26/2008, Vol. 170 Issue 16, p7 

    The article reports that prices of caustic soda will increase. OxyChem led a round of caustic soda price increases, announcing an additional $90/ton rise for U.S. customers and $100/ton for Canadian customers. Formosa followed, announcing an increase of $100/ton on both diaphragm- and...

  • Untitled. Loo, Felicia // ICIS Chemical Business;3/24/2014, Vol. 285 Issue 12, p15 

    The article surveys conditions in the global naphtha industry as of March 2014. Information is presented about prices for and availability of naphtha in Asia, the impact on naphtha prices of demand from gasoline blending, the expected impact on Vietnamese demand for naphtha of scheduled...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics