TITLE

Players prepare for contract talks

AUTHOR(S)
Brice, Andy
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/28/2007, Vol. 2 Issue 68, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the preparations taken by chemical firms in response to fluctuations in energy costs in the global market. Major Asian paraxylene (PX) producers Nippon Oil and Idemitsu Petrochemical both nominated their prices at $1,290 per ton CFR Asia, up from Play's $1,165 per ton settlement. European toluene is reported in an $860-880 per ton range for June, with one deal heard at $870 per ton. The arbitrage window between Europe and the U.S. has opened, with some 25,000-26,000 tons heading west.
ACCESSION #
25911963

 

Related Articles

  • business & finance news DIGEST.  // Chemical Week;6/25/2003, Vol. 165 Issue 23, p11 

    Presents news briefs on the chemical industry as of June 2003. Information on the proposed alpha-olefins project of Idemitsu Petrochemical in Chiba, Japan; Plan of Mitsui Chemicals to build an elastomers plant in China.

  • Japan Okays Mitsui-ldemitsu JV.  // Chemical Week;12/22/2004, Vol. 166 Issue 42, p13 

    Reports that Japan's Fair Trade Commission (FTC) has given conditional approval to the proposed polyolefins merger between Mitsui Chemicals and Idemitsu Petrochemical. Condition laid by the FTC on the merger.

  • Cost of quake: 51 tanks, Yen14bn. Tong, Alfred // Asian Chemical News;11/17/2003, Vol. 10 Issue 424, p7 

    Reports on the impact of an offshore earthquake that hit Japan in September 2003 on Idemitsu Kosan's operations. Damages at Idemitsu Kosan's refinery in Tomakomai City in Hokkaido; Impact of the refinery's closure on the firm's subsidiary, Idemetsu Petrochemical; Total cost of the damage.

  • Asia in Brief.  // Chemical Market Reporter;06/26/2000, Vol. 257 Issue 26, p28 

    Provides news update on the chemical industry in Asia as of June 26, 2000. Impact of the explosion at Nisshin Chemical Co. Ltd.'s plant in Ojima, Japan on the subsidiary, EKC Technology Inc.; Start of Idemitsu Petrochemical's feasibility studies for building an alpha olefins plant in Asia;...

  • Asahi compounder stake.  // Chemical Week;8/16/1995, Vol. 157 Issue 6, p6 

    Reports that Asahi Chemical has bought a 15 percent stake in plastics converter Showa Plastic from Idemitsu Petrochemical.

  • WRAP-UP.  // Chemical Week;8/2/2000, Vol. 162 Issue 29, p18 

    Provides updates on the chemical industry in Asia as of August 2, 2000. Plans of Idemitsu Petrochemical company to construct its hydrogenated petroleum resin plant in Japan; Plans of Mitsubishi Engineering Plastics company to build its first compounding unit; Plans of Sumitomo Bakelite company...

  • DIC, Idemitsu for PS venture.  // Chemical Business;Nov97, Vol. 11 Issue 4, p84 

    Reports on the joint venture between Dainippon Ink and Chemical (DIC) and Idemitsu Petrochemical Co. to build a polystyrene (PS) plant. Terms of agreement; Combined share of the two companies in the Japanese polystyrene market.

  • CUTBACKS ARE ON THE CARDS FOR PX CONSUMERS. Brice, Andy // ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p32 

    The article reports on the negative speculations on Asian paraxylene following the Asian contract price (ACP) nominations. Hikes of $100/tonne to $1,200/tonne cost and freight in Asia have been proposed for May 2007 contracts by ExxonMobil, Nippon Oil and Idemitsu Petrochemical. However,...

  • DIC, Idemitsu form PS venture. Wood, Andrew // Chemical Week;10/22/1997, Vol. 159 Issue 40, p29 

    Focuses on the polystyrene (PS) business partnership of Dainippon Ink and Chemical (DIC) company and Idemitsu Petrochemical company. Overview of the plan; How Idemitsu will benefit from the partnership; Status of the PS business in Japan.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics