NCT Worldwide Trade and Distribution of Plastic Raw Material http://www.nctww.com/ Tue, 07 Sep 2010 07:52:46 +0100 FeedCreator 1.7.2 http://www.nctww.com//images/M_images/logonct.gif http://www.nctww.com/ NCT Worldwide Trade and Distribution of Plastic Raw Material http://www.nctww.com//index.php?option=com_content&task=view&id=8074&Itemid=106 source: Plastic News (6/9) SOCAR's Turkish petrochemical complex Petkim exported goods worth $234 million in the first half of 2010 compared to $347 million over 2009, the petrochemical complex told Trend. Petkim said that sales increased by 64 percent over the same period last year and amounted to $921 million. Production capacity of the enterprise in January-June were used by 95.4 percent, compared to 88 percent over the same period last year, the complex said. SOCAR participates in two major projects in Turkey. In particular, the company is co-owner of a large petrochemical complex Petkim. SOCAR also participates in the... Mon, 06 Sep 2010 12:09:21 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8073&Itemid=106 source: Plastemart (3/9) Indonesia’s Tri Polyta’s polypropylene plant, that has been shut for debottlenecking since March 2010, will see a delay in restart. Restart will be delayed by three months to April 2011, mainly on concerns on global economic recovery, as per Platts. The debottlenecking program will boost the plant's PP capacity -- across three production lines at Cilegon, Banten in west Java from 360,000 tpa to 480,000 tpa. Mon, 06 Sep 2010 12:04:47 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8072&Itemid=106 source: Plastemart (3/9) Petrochina Co has won government approval to double the capacity of its 5 mln tpa Huabei oil refinery. The expansion will make the plant the 14th refinery in China with an annual capacity of 10 mln tons or more. The company also plans to add a 1 mln tpa capacity ethylene unit. The expansion is scheduled to be completed in October 2012, with full production will start two months later. Mon, 06 Sep 2010 12:03:26 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8071&Itemid=106 source: Internet (6/9) Petro Rabigh to target India and China markets after expansions Tosoh Corp to shut cracker, PE, EVA units for turnaround in March Brazil, Argentina PE producers seek September increases Mon, 06 Sep 2010 12:00:55 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8070&Itemid=106 source: Icis (3/9) Polypropylene (PP) buyers in Europe are strongly resisting all talk of price increases in September, with several having reported rollover pricing from August, sources said on Friday. “They are making absolutely fantastic margins,” said one frustrated buyer, complaining about the months of price increases that producers have imposed on the market this year. “Europe has become a cash cow. I really bear them a grudge.” Some PP producers are still targeting price increases for September, in spite of the €10/tonne ($13/tonne) drop in the September propylene monomer price. Buyers, however, are keen to reject such advances. “There... Mon, 06 Sep 2010 09:48:27 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8069&Itemid=106 source: Icis (3/9) Russia's Sibur to buy PP, PE products producer Novatek-Polymer Japan's Mitsui Chem to restart Ichihara cracker late next week China’s Huabei Petchem to build new 5m tonne/year refinery Malaysia's Titan Chemicals to shut LDPE unit for turnaround in Oct Petro Rabigh slashes PP export cargoes in Sept to build inventory US ethylene may drop 1.3% as July-Aug settlement gets underway Mexico’s Pemex raises Sept PE prices by 5.5-7.6% Fri, 03 Sep 2010 11:39:53 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8068&Itemid=106 source: Plastemart (1/9) DuPont has announced that production for Ethylene Vinyl Acetate (EVA) resins has begun at its joint venture, Beijing Hua Mei Polymer Company Ltd. in Beijing. The facility is DuPont’s first operation to make EVA in China. “With local production, we have strengthened DuPont’s position in the world’s fastest growing EVA market and can better support our customers as they grow and expand to specialty products for high-value applications,” said William J. Harvey, president – DuPont Packaging Industrial Polymers. “DuPont is committed to growing in China and other key emerging markets around the world and to... Wed, 01 Sep 2010 13:07:23 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8067&Itemid=106 source: Plastemart (1/9) LyondellBasell Industries NV is terminating all its operations in Iran, and also plans to cease all business with Syria and Sudan. Much of the company's business in the three countries involves licensing technology for polymer production. This decision means it will stop all licensing of its proprietary technology and services to Iranian petrochemical companies, which have depended heavily on technology from European concerns to produce plastics and other high-value products derived from natural gas. in Other majors that cut business ties with Iran include Royal Dutch Shell PLC, which halted gasoline sales, and Toyota Motor Corp., which... Wed, 01 Sep 2010 13:06:36 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8066&Itemid=106 source: Internet (1/9) Thai Polyethylene to shut 180,000 t/yr HDPE plants in mid-Nov S Korea's Hanwha Chem sets Oct, Nov maintenance at PE plants China’s PE prices may remain stable until end September Bilcare completes acquisition of INEOS’ global films business EPS demand weak in south China amid poor export market Colombian PET producer faced feedstock issues in August Wed, 01 Sep 2010 13:03:44 +0100 http://www.nctww.com//index.php?option=com_content&task=view&id=8065&Itemid=106 source: PRW (1/9) A. Schulman, Inc. (Nasdaq-GS: SHLM) today announced that it is streamlining manufacturing operations at its Crumlin, South Wales (U.K.) production facility, and moving part of the plant's capacity to two other, larger plants in Europe. As a result of the realignment, several production lines at the 74,000-square-foot U.K. facility will be shut down and approximately 30 jobs will be eliminated. Approximately 10,000 tons of masterbatch production will be moved from Crumlin to more cost-efficient, higher-capacity A. Schulman production lines in Bornem, Belgium (147,000 square feet) and Givet, France (243,000 square feet). At the same time, A. Schulman... Wed, 01 Sep 2010 12:58:07 +0100