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PP HDPE LDPE LLDPE PS ABS PVC PET Crude Oil Naphtha Ethylene EDC VCM Benzene Methanol Toluene Styrene Xylene Polyolefins 2EH DOP PTA MEG PA ACN Butadiene Propylene

Asian Market News & prices of PolyStyrene

Kuwait Styrene realizes USD 81 Million net profit in 2010 Sales value exceeds USD 600 million  - Mar 14, 2011[12:25]

The Kuwait Styrene Company (TKSC) announced a net profit of USD 81 million for the fiscal year ending December 31, 2010. Following TKSC’s board meeting to ratify financial results, its Board Chairman Ahmad Abdullah Al-Habib said, “These profits were realized due to a number of elements, such as strategic management, highly efficient operations, proper marketing, as well as the global rise in prices of petrochemical products.” Al-Habib noted, “Sales value in 2010 has exceeded USD 600 million, which is a positive sign indicating the continuous recovery of petrochemical markets.” Al-Habib expressed, “Utmost appreciation and gratitude to all contributors to this success, especially TKSC Board members, shareholders and EQUATE Petrochemical Company.” On his part, TKSC CEO Adel Yousef Al-Munifi said, “Styrene Monomer markets currently enjoy a positive hike as annual global demand exceeds 4%, especially in light of escalating gross domestic product growth in emerging economies, such as China, India and others.” As Kuwait’s first and only producer of Styrene Monomer, TKSC was established in 2004 as an international joint venture between Kuwait Aromatics Company (KARO) and The Dow Chemical Company (Dow). EQUATE Petrochemical Company is the single operator of Greater EQUATE, which includes The Kuwait Styrene Company (TKSC), Kuwait Paraxylene Production Company (KPPC) and The Kuwait Olefins Company (TKOC) under one fully integrated operational umbrella at Kuwait’s Shuaiba Industrial Area.


Market Prices of PolyStyrene

Date Category subcategory Price
01-Mar-2011 Polyolefins POLYETHYLENE HDPE INJECTION CFR FAR EAST 1320   
01-Mar-2011 Polyolefins POLYETHYLENE HDPE INJECTION CFR SOUTH EAST ASIA 1340  
01-Mar-2011 Polyolefins POLYETHYLENE LDPE GP-FILM CFR FAR EAST 1705  
01-Mar-2011 Polyolefins POLYETHYLENE LDPE GP-FILM CFR SOUTH EAST ASIA 1725  
01-Mar-2011 Polyolefins POLYETHYLENE LLDPE FILM CFR FAR EAST 1415  
01-Mar-2011 Polyolefins POLYETHYLENE LLDPE FILM CFR SOUTH EAST ASIA 1440  
01-Mar-2011 Polyolefins POLYPROPYLENE BLOCK COPOLYMER CFR Far East Asia 1620  
01-Mar-2011 Polyolefins POLYPROPYLENE BLOCK COPOLYMER CFR SOUTH ASIA 1650  
01-Mar-2011 Polyolefins POLYPROPYLENE FILM CFR FAR EAST 1600  
01-Mar-2011 Polyolefins POLYPROPYLENE FILM SOUTH EAST ASIA 1640  
01-Mar-2011 Polyolefins POLYPROPYLENE INJECTON CFR FAR EAST 1575  
01-Mar-2011 Polyolefins POLYPROPYLENE INJECTON SOUTH EAST ASIA 1620  
01-Mar-2011 Polyolefins POLYSTYRENE GPPS CFR FAR EAST 1490  
01-Mar-2011 Polyolefins POLYSTYRENE GPPS CFR SOUTH EAST ASIA 1495  
01-Mar-2011 Polyolefins POLYSTYRENE HIPS CFR FAR EAST 1600  
01-Mar-2011 Polyolefins POLYSTYRENE HIPS CFR SOUTH EAST ASIA 1605  
01-Mar-2011 Polyolefins PVC SUSPENSION CFR FAR EAST 1095  
01-Mar-2011 Polyolefins PVC SUSPENSION CFR SOUTH EAST ASIA 1095  
Denotes no change in Prices Denotes a decline in Prices Denotes an increase in Prices

PP HDPE LDPE LLDPE PS ABS PVC PET Crude Oil Naphtha Ethylene EDC VCM Benzene Methanol Toluene Styrene Xylene Polyolefins 2EH DOP PTA MEG PA ACN Butadiene Propylene

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