TITLE

Untitled

PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/25/2007, Vol. 2 Issue 72, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
25636611

 

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