Output boost to depress Asian olefins spot prices

Myung, Gina
June 2007
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p41
Trade Publication
The article states that increased olefins production from Samsung Total Petrochemicals is expected to decrease spot market prices in Asia. It says that the firm has restarted its expanded plant at the start of June 2007 and has become the third largest plant operator in South Korea. Also noted is that Samsung could sell 10,000 metric tons of propylene at the minimum each month, including contractual material, after the expansion.


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