Beacham, Will
November 2007
ICIS Chemical Business;11/26/2007, Vol. 272 Issue 20, p11
Trade Publication
The article presents news briefs related to the chemical industry. Buyers and sellers said that monoethylene glycol (MEG) spot prices continued to spike from early October 2007 on tight supply. Spandex manufacturer Invista Inc. said that it was building a nitric acid plant on Jurong Island in Singapore for around $100m. Producers and traders said Asian cracker operators are keeping a close eye on margins as ethylene prices lag recent record-hitting levels in naphtha feedstock costs.


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