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BLOGS - PET NEWS

Monoethylene Glycol (MEG) prices edge higher in Asia

On 22 May 2018 at 09:00 IST

MEG prices in Asia inched up on Monday. The price rise was a result of a lift in buying interest in the region coupled with higher fellow polyester PTA feedstock values.
CFR China prices of MEG were assessed up at the USD 950/mt levels, a rise of USD 5/mt
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PET plant brought on-stream by TK Chemical

On 24 Mar 2018 at 09:00 IST

TK Chemical has restarted a purified terephthalate (PET) plant following a maintenance turnaround.
A Polymerupdate source in South Korea informed that the company has resumed operations at the plant on March 21, 2018. The unit was taken off-line for maint
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PET unit to be shut by Equipolymers

On 29 Jan 2018 at 09:00 IST

Equipolymers is in plans to take its polyethylene terephthalate (PET) unit off-stream for a maintenance turnaround.
A Polymeurpdate source in Germany informed that the company is likely to start turnaround at the unit in early-March 2018. The unit is slat
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Polyethylene terephthalate (PET) prices climb in parts of Asia

On 23 Nov 2017 at 09:00 IST

Bottle grade PET prices gained in some parts of Asia this week. The price rise was in line with higher upstream costs and strong regional demand trends.
FOB North East Asia prices of bottle grade PET were assessed up at the USD 1040/mt levels, a week on w
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MEG prices in Asia rise

On 08 Aug 2017 at 09:00 IST

MEG prices were assessed higher in Asia on Monday. The price rise was prompted by improved buying interest in the region coupled with bullish ethylene feedstock values.
Higher downstream PET rates further supported the price gain.
MEG prices were ass
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Changzhou PET units to be shut by CRC

On 15 Nov 2016 at 08:40 IST

China Resources Polyester Changzhou (CRC) is in plans to take its two bottle grade polyethylene terephthalate (PET) units off-stream.
A Polymerupdate source in China informed that the company is likely to halt operations at the units in second half Novemb
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New PTA plant to start up by JBF Petrochemical

On 14 Nov 2016 at 08:40 IST

JBF Petrochemical is in plans to start a new purified terephthalic acid (PTA) plant in India in next year.
A Polymerupdate source in India informed that the company is in plans to begin commissioning of the plant in the first quarter of 2017. The plant wa
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