Asia

Jan 2nd, 2018

Reforms and Further Development of the Uzbekistan Chemical Industry

On December 28 Uzbekistan government discussed the present-day situation in the chemical industry and prospects of the development of the sector at the meeting chaired by the Uzbek President Shavkat Mirziyoyev. The industry has undergone a number of transformations since 2017 when the Development Strategy of Uzbekistan was proclaimed. In particular, after Shavkat Mirziyoyev in […]...

Dec 26th, 2017

China: in the Current Year Styrene Went Down in Value Thrice

The price of styrene monomer on the domestic market of China continues to decline. For the current year, Chinese styrene market has been experiencing the third recession. The price decline is caused by the launch of new production facilities and the availability of large stocks of material in the region. On 19 December the maximum […]...

Dec 19th, 2017

Aerospace and Car Industries Fuel Demand for Fluoroelastomers

Fluoroelastomers Market is expected to reach over 1.6 billion by 2022 from $1.2 billion in the current year. The fluoroelastomers, the synthetic rubbers with high thermal and chemical resistance, are widely applied in the manufacture of sealants. Such variations as O-rings, gaskets and seals are able to remain elastic under extremely arduous conditions thus making […]...

Dec 5th, 2017

China Sharply Increases Gas Consumption Becoming the Largest LNG Importer in the World

The General Administration of Customs of China reports that in the mid-autumn 2017, the LNG imports increased by almost 96% and reached 3, 6 million tons. Still, this is not the limit. The CNPC analysts predict that next year the country will consume 50 MMt of gas, thereby beating South Korea, and become the 2nd […]...

Jan 5th, 2017

Glyphosate market in China is improving due to the rise in prices of raw materials

China is strengthening the price of glyphosate as a result of price increase for glycine and paraformaldehyde, as well as growing demand from the processing industry. Since August 2016 technical glyphosate prices have been rising. In October the price slightly declined, but in November, there was an advance in price by 22.5 %. Such dynamics […]...

Dec 27th, 2016

Favorable outlook for BASF’s presence in Asia

Being a giant in chemical industry worldwide, BASF is also one of the largest player on the Asian market. Its sales in the region are estimated to over $13 billion a year. The company is even leading in an especially innovative in chemicals Japan: not only BASF has two plants in the country, but it […]...

Dec 5th, 2016

4 year forecast for the production of caprolactam in the world market

The Asian region is the most active consumer of a cyclic amide (caprolactam). From 2015 to 2020 the average annual growth of caprolactam consumption is projected to reach 2.4 percent. The largest application of caprolactam is observed in the manufacture of engineering plastics and films as well as fibres. Before 2016 Asia had been the […]...

Jun 21st, 2010

MarketPublishers.com offers New Market Reports by Ovum

LONDON – Market Publishers Ltd informs that new in-demand market reports by Ovum are available in its catalogue. Telecom Industry Health Check (1q10) – Part 1: Financial Deals Tracker. This presentation analyzes M&A, vendor financing, private placements, and public offerings in telecom during 1Q10, along with the trend for the last eight quarters, detailed by […]...

Jan 25th, 2010

Acrylonitrile (ACN) 2010 World Market Outlook And Forecast Been Recently Added by MarketPublishers.com

LONDON – A newly updated market report “Acrylonitrile (ACN): 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of Acrylonitrile market, provides its full and thorough analysis, focusing on the regional, country and world markets. It is broken into several parts following logic of a […]...

Nov 23rd, 2009

Lanxess Moving Butyl Rubber Global Headquarters to Singapore

Demand for butyl rubber is growing in the Asia-Pacific, and in order to better serve customers in this region, Lanxess AG intends to relocate its Butyl Rubber business unit headquarters there next year. The company made an announcement to this effect on November 9, and as of 2010 the headquarters will thus leave Fribourg in […]...

Nov 19th, 2009

Promising Growth Potential of Asia-Pacific Region to Stimulate Growth of LDPE

The world LDPE market stands enthused by the promising growth potential of Asia-Pacific. North America, a developed and mature market, is expected to hit a plateau in terms of growth as per a report by BizAcumen LLC. Gearing up for the anticipated increase in demand, manufacturers in Middle East, Asia and South America are expanding […]...

Aug 27th, 2009

DuPont Titanium Technologies Announces a Price Increase for all Ti-Pure(R) Titanium Dioxide Products Sold in Asia

DuPont Titanium Technologies announced a price increase for all DuPont Ti-Pure® titanium dioxide grades sold in the Asia Pacific region. Effective Oct. 1, 2009, or as permitted by contract, prices for all titanium dioxide grades (TiO2) will increase $150 (USD) per ton in Asia Pacific. Effective Oct. 1, 2009 or as permitted by contract, prices […]...

Jul 29th, 2009

Arkema to Build Acrylic Plant in China

In a move that will aid the company to sustain the growth of the specialty acrylic polymer market in Asia, Arkema plans to set up an acrylic plant at its Changshu site as an outlay of €15 mln. Coatex, which already has an industrial presence in the United States and in Europe, will now have […]...

Jul 28th, 2009

Asian Traders Seek Butadiene Arbitrage Opportunities to US

Traders in Asia are seeking arbitrage opportunities in the wake of an unplanned butadiene plant outage in the US, trying to move Asian spot cargoes to the US, trading sources said Friday. Shell Chemicals shut its 408,000 mt/year butadiene extractor at Sabina in Port Arthur last week, The outage followed by a shutdown of 1.3 […]...

Jul 21st, 2009

Tyre Makers in Asia Raise Concerns Over Feedstock BD Surge

SINGAPORE (ICIS news)–Tyre makers in Asia have raised concerns over soaring feedstock butadiene (BD) prices, which may hamper demand recovery and impact on their fourth-quarter (Q4) contract negotiations with the styrene butadiene rubber (SBR) producers. BD is the feedstock for SBR, which in turn is used in the manufacture of tyres for the automotive industry. […]...

Jul 17th, 2009

Asia Synthetic Rubber Makers Resist Feedstock BD Surge

Synthetic rubber producers in Asia are cutting down their operating rates or even considering to extend their plant shutdowns to resist any further spikes in feedstock butadiene costs, industry sources said on Friday. “We are losing money and will further cut the operating rates of our plants by another 10-20%,” said a company source from […]...

Jul 16th, 2009

Asia phenol/acetone makers mull output cut on margin squeeze

Asian phenol and acetone makers are keen on cutting production next month as recent spikes in costs of feedstock benzene and propylene have been eroding their margins, industry sources said on Thursday. Operating rates at the plants would likely average 70-80% in August from near full capacity currently, the producers said. Final decisions on production […]...

Mar 24th, 2009

Oil Eases but Stays Strong above $53 in Asia

Oil prices eased Tuesday in Asia but stayed above $53 a barrel on hopes that the U.S. government’s move to purge ailing banks of up to $1 trillion of toxic assets could speed up economic recovery. Benchmark crude for May delivery dipped 26 cents to $53.54 a barrel by midday in Singapore on the New […]...

Feb 19th, 2009

The Highest Urea Demand Growth will be Demonstrated by Africa (4.8%), Western Asia (4.4%) And South Asia (4%)

The present economic situation influences world fertilizer market. The changes may occur in agricultural product consumption what will change fertilizers demand as well. But Nitrogen fertilizers should not be as greatly affected. The highest growth in the demand for urea will be demonstrated by such regions as Africa (4.8%), Western Asia (4.4%), South Asia (4%), […]...

Feb 19th, 2009

Asia and Latin America Offer a Great Potential for Formaldehyde Market Growth

LONDON – According to the research ”Formaldehyde: 2009 World Market Outlook AND Forecast” ( mcgroup.co.uk/researches/F/08800///Formaldehyde) by Merchant Research & Consulting, world formaldehyde market will be growing around 3% a year with Asia Pacific and Latin America being the major consuming markets, while now the largest markets are Europe, North America and China. In Western Europe, […]...