polyethylene terephthalate
Apr 1st, 2010
Paraxylene (PX) 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Demand on Paraxylene in Europe has been affected by the global downturn. The market ground to a standstill in late 2008 and production was reduced. An expected slow recovery in demand will lead to excess capacity worldwide of nearly 11.5m tones/year in a market of 28.8m tones/year in 2011. Demand from Central Europe...
Mar 29th, 2010
Lower feedstock PTA, MEG, PX contracts pull down benchmark PET prices in China
In China, domestic benchmark PET prices for April were announced with decreases while market players highlight that overall offer levels are in line with the theoretical costs based on the March feedstock contracts despite spot prices for these feedstocks gaining some lost ground after the second half of last week, as per Chemorbis.
A major domestic...
Mar 23rd, 2010
Terephthalic Acid (TPA): 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Global production and consumption of terephthalic acid (TPA) were approximately 39 million metric tons in 2008. Global capacity utilization was 89% in 2008, down from 90% in 2007. TPA consumption is expected to grow at an average 5.4% per year to 2013, and around 3.9% per year from 2013 to 2015. The...
Mar 18th, 2010
Monoethylene Glycol (MEG): 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Global monoethylene glycol (MEG) production and consumption in 2008 were estimated at 18 million metric tons. MEG consumption is forecast to grow an average 4.5% per year to 2013, slowing to around 3.4% from 2013. Global MEG capacity utilization made 84% in 2008, a slight increase from 2007. Average global utilization rates...
Feb 23rd, 2010
Expandable Polystyrene 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
Within Chemicals & Petrochemicals Reports Package 2010, a newly updated market report “Expandable Polystyrene: 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of Expandable Polystyrene market, provides its thorough analysis, focusing on the regional, country and world markets. It is broken...
Feb 19th, 2010
Polyethylene Terephthalate (PET) Industry Requires New Investments According to Research Recently Released by MarketPublishers.com
LONDON–The polyethylene terephthalate (PET) industry requires new investments in research and development of specialty products, as well as new end-use applications, to provide future growth opportunities.
Market perspectives look good for Polyethylene Terephthalate in middle-term period. World PET capacity will increase slower than demand bringing the market to balance. With average annual growth of 3.5%...
Feb 18th, 2010
Polyethylene Low Density (LDPE): 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Demand growth for Polyethylene Low Density (LDPE) kept steady at the world market. The main growth was consentrated in Asia, mostly in China. The growth was stopped by a sharp fall in demand due to the global recession. Nevertheless, LDPE market stabilized in 2009, although remained unpredictable.
Between 2010–2012, weak production capacities are forcast,...
Feb 16th, 2010
Styrene-Butadiene Rubber (SBR): 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – The worldwide growth levels of Styrene-Butadiene Rubber (SBR) are pegged at 2-3%/y. By 2015, SBR consumption is anticipated to reach around 5.8 M tones.
China is expected to drive much of SBR demand and will be the fastest-growing market during the forecast period. Currently, China is adding new Styrene-Butadiene Rubber production facilities in order...
Feb 12th, 2010
Polystyrene (PS) 2010 World Market Outlook And Forecast Been Recently Released by MarketPublishers.com
LONDON – In 4Q 2008, the demand for most resins fell by 20-24%, on average, while the market for polystyrene fell by 9%. On a regional basis, the largest demand declines were seen in Western Europe, particularly the UK and Spain.
Global demand for polystyrene (PS) is forecast to increase at about 2% a year...
Feb 12th, 2010
Polyvinyl Chloride (PVC) 2010 World Market Outlook And Forecast Been Recently Released by MarketPublishers.com
LONDON – Global PVC market had been growing around 4%/year with strong demand growth in Asia, China and India in particular. However, the demand collapsed in 2008 due to economic recession and destocking throughout the chain.
In 2009, US polyvinyl chloride exports reached 2,1mln tons, up 56% from 1,37mln tones in 2008. US producers wrestled...
Feb 10th, 2010
Polyethylene High Density (HDPE): 2010 World Market Outlook and Forecast Been Recently Issued by MarketPublishers.com
LONDON – Within Chemicals & Petrochemicals Reports Package 2010, a newly updated market report “Polyethylene High Density (HDPE): 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of Polyethylene High Density market, provides its full and thorough analysis, focusing on the...
Feb 5th, 2010
Polycarbonate 2010 World Market Outlook And Forecast Recently Added by MarketPublishers.com
LONDON - Global annual polycarbonate demand growth is forecast to slow to around 5% between 2009-2015, from historical growth rates of around 7-8%. Key optical data storage application will continue falling as it’s superseded by other data storage options, losing its leading position to the electronics/electrical sector.
Sharp growth in demand from Blu-ray players...
Jan 26th, 2010
Acrylonitrile-Butadiene-Styrene Copolymer Demand to Grow in 2010 According to Report Recently Issued at MarketPublishers.com
LONDON - World demand for acrylonitrile-butadiene-styrene (ABS) expanded by 4,5% in 2009 although the demand was considerably affected by output reductions in the automotive industry.
With construction and automotive industries recovery, ABS demand is expected to further grow in 2010. When most markets for ABS are mature, it continues to find new applications....
Jan 15th, 2010
Taiwan’s Petrochem Industry to Grow Over Next Five Years, to be Pressured by Increased Competition from China
The Taiwanese petrochemicals industry is set to witness significant growth in capacity over the next five years, but will come under pressure from increased competition in the Chinese market as regional output growths and naphtha prices increase, according to a report by BMI. In 2009, Taiwan had olefins production capacity of 7.8 mln tpa, of...
Jan 5th, 2010
India’s Petrochemical Sector Set for Higher Growth
India is all set to become a major consumer and producer of plastics products as output is set to accelerate in the coming years with capacity expansion and rise in percapita consumption, according to Business Monitor International.
In its latest India Petrochemicals Report, however pointed out that an expected slowdown in foreign investment inflows could cause...
Dec 8th, 2009
The Middle East to Become a Leader in Polyolefins Market According to the Latest Research by Merchant Research & Consulting, Ltd
LONDON-Global polyolefins market did not manage to avoid the influence of the crisis, broken down in the second half of 2008. The polyolefins markets (low density polyethylene (LDPE), linear low density polyethylene (LLDPE), high density polyethylene (HDPE), polypropylene (PP)) that demonstrated impressive growth in previous years showed signs of decline in the second half of...
Nov 26th, 2009
Bitumen Annual Consumption in Russia to Reach 10mln tons by 2015 According to Merchant Research & Consulting Ltd.
LONDON - Today, the production of high quality bitumen for road management is a promising business direction at the Russian Bitumen market. The industrial need for bitumen produced from fractions of conventional and heavy oil exceeds 2.5 million tons.
In respect that the average annual demand growth for bitumen is expected to surpass 10%, its...
Nov 20th, 2009
Hitachi Licenses PBT Process To Sinopec
Hitachi Plant Technologies, Ltd. has concluded a contract with China Petrochemical International Co., Ltd. (Sinopec) to license its polybutylene terephthalate (PBT) production process for use in a plant with a yearly capacity of 60,000 tons. In addition, the company will also carry out basic engineering work related to this project. Plant construction and the production...
Oct 9th, 2009
Honeywell’s UOP Announces Start-up of Paraxylene Production Unit at Sinopec Facility in Shanghai
UOP LLC, a Honeywell company, announced today that Sinopec Shanghai Petrochemical Co., Ltd. has successfully started up a new para-xylene complex using UOP process technology at the Sinopec facility in Shanghai.
The aromatics project was completed in just 30 months from initial kick-off through commissioning, with UOP providing the technology license, basic engineering, equipment packages, and...
Aug 25th, 2009
Styrene is not a known human carcinogen, polystyrene does not contain or break down into BPA
Contrary to some media report, the chemical styrene is not a known human carcinogen and polystyrene plastic neither contains, nor does it break down into bisphenol A (BPA), according to Jack Snyder, executive director of the Styrene Information and Research Center (SIRC).
A press conference focused on new, as-yet-unpublished research led by Katsuhiko Saido of Nihon...