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4-Jul-2015
Rupee trades strong in evening trade [17:40 ]
Indian open market price table as of 3rd July 2015 [18:00 ]
By 2018, Transneft to double oil supplies to Kuban refineries [16:22 ]
By 2018, Transneft will almost double the supply of crude oil by pipeline to oil refineries of Kuban, the press centre of the company quotes head of its strategic development Rasim Mingazetdinov. According to him, in 2015. 7.3 million tons of oil will be delivered of the regional refineries. In particular, 1.3 million tons to the Krasnodar refinery, 6 million tons to the Afipsky refinery. 3.3 million tons more will be got by these plants by rail. In the long term, in 2018, the supply of oil by pipeline to the regional refineries are planned to reach 13.8 million tons. 1.3 million tons of them to the Krasnodar refinery (and 0.7 million tons by rail), 3 million tons to the Ilsky plant and 9 million tons to the Afipsky one. At the same time funding for construction of the necessary facilities to increase the oil pumping via the pipeline to the plants will be made on account of owners of the refineries, said Mingazetdinov. According to Transneft, after 2020, the Ilsky refinery plans to increase the processing to 6 million tons, Afipsky plant expects to receive 3 million tons more by pipeline. However, as noted Mingazetdinov, this is the prospect after 2020, this is the second stage of reconstruction, for which no documents are signed. Within the first phase, Transneft will also increase the supply of diesel fuel of Euro 5 standard to Novorossiysk to 6 million tons per year. This fuel will be exported through the port. In addition, at the end of 2019, it is planned to build a main oil pipeline from Samara to Volgograd and concurrent expanding of capacity of the main oil pipeline from Volgograd to Novorossiysk. Thus, by the beginning of 2020, it is planned to deliver up to 11 million tons of diesel fuel per year. Transneft also studies the possibility to connect the Novoshakhtinsk refinery to the South pipeline. "It is possible to connect the Novoshakhtinsk refinery, which plans to produce diesel fuel in the amount of 3.5-4 million tons, we will be able to add this volume," - said Mingazetdinov. In this case, the total capacity of the South project after 2020 can reach 15 million tons of oil products. [16:22 ]
PX prices in Europe gain [17:15 ]
Asian prices of PTA inch higher [17:12 ]
DOP prices decline in Asia [17:00 ]
LDPE export prices fall in the US [16:45 ]
US Market prices of PS as of 2nd July 2015 [17:55 ]
US Market prices of ABS as of 2nd July 2015 [17:50 ]
US Market prices of PVC as of 2nd July 2015 [17:45 ]
US Market prices of VCM as of 2nd July 2015 [17:40 ]
US Market prices of EDC as of 2nd July 2015 [17:35 ]
US Market prices of Methanol as of 2nd July 2015 [17:25 ]
US Market prices of Styrene as of 2nd July 2015 [17:20 ]
US Market prices of MX as of 2nd July 2015 [17:10 ]
US Market prices of PX as of 2nd July 2015 [17:05 ]
US Market prices of Toluene as of 2nd July 2015 [16:55 ]
US Market prices of Benzene as of 2nd July 2015 [16:50 ]
US Market prices of PE as of 2nd July 2015 [16:40 ]
US Market prices of PP as of 2nd July 2015 [16:35 ]
EDC and VCM prices assessed flat in the US [16:30 ]
US Market prices of refinery grade Propylene as of 2nd July 2015 [16:25 ]
PP export prices assessed flat in the US [16:15 ]
SM prices in Europe journey north [15:40 ]
SM prices in Asia slip [15:35 ]
Middle East Market prices of PP as of 2nd July 2015 [16:10 ]
US Market prices of Ethylene as of 2nd July 2015 [16:20 ]
Middle East Market prices of PE as of 2nd July 2015 [16:05 ]
Creative material solutions for future automotive concepts [17:02 ]
Shell takes final investment decision for the Appomattox deep-water development in Gulf of Mexico [17:17 ]
Technip Samsung Consortium awarded contracts for the Browse FLNG project [16:42 ]
Powerful partnerships: Sadara and SATORP [16:28 ]
DSM Engineering Plastics announces leadership change [16:02 ]
Singapore: Total starts up its world’s largest lubricants oil blending plant to accelerate growth in Asia [15:48 ]
PVC export prices quote steady in the US [16:00 ]
NBA prices in Asia quote stable [15:20 ]
Asian Methanol monthly synopsis for June 2015 [15:18 ]
Asian Benzene monthly synopsis for June 2015 [15:05 ]
European Market prices of Methanol as of 2nd July 2015 [15:50 ]
European Market prices of Styrene as of 2nd July 2015 [15:45 ]
European Market prices of PX as of 2nd July 2015 [15:55 ]
European Market prices of Toluene as of 2nd July 2015 [15:30 ]
European Market prices of Benzene as of 2nd July 2015 [15:25 ]
European Market prices of PE as of 2nd July 2015 [15:15 ]
European Market prices of PP as of 2nd July 2015 [15:10 ]
European Market prices of Propylene as of 2nd July 2015 [15:00 ]
European Market prices of Ethylene as of 2nd July 2015 [14:55 ]
EDC and VCM prices in Europe quote steady [14:50 ]
Benzene prices decline in Asia [14:35 ]
HDPE export prices quoted mixed in the US [14:15 ]
OPEC Daily Basket Price - July 2, 2015 [14:00 ]
PX prices inch higher in Asia [13:45 ]
Toluene prices in Europe rise [13:30 ]
LLDPE prices assessed flat in the US [13:15 ]
International Market prices of ABS as of 2nd July 2015 [14:45 ]
International Market prices of PS as of 2nd July 2015 [14:40 ]
International Market prices of PVC as of 2nd July 2015 [14:30 ]
International Market prices of VCM as of 2nd July 2015 [14:25 ]
International Market prices of EDC as of 2nd July 2015 [14:20 ]
International Market prices of Methanol as of 2nd July 2015 [14:10 ]
International Market prices of Styrene as of 2nd July 2015 [14:05 ]
International Market prices of MEG as of 2nd July 2015 [13:55 ]
International Market prices of PTA as of 2nd July 2015 [13:50 ]
International Market prices of PX as of 2nd July 2015 [13:40 ]
International Market prices of Isomer MX as of 2nd July 2015 [13:35 ]
International Market prices of Toluene as of 2nd July 2015 [13:25 ]
International Market prices of Benzene as of 2nd July 2015 [13:20 ]
International Market prices of PE as of 2nd July 2015 [13:05 ]
International Market prices of PP as of 2nd July 2015 [13:10 ]
PA prices in Asia down adjust [13:00 ]
Far East Market prices of Propylene as of 2nd July 2015 [12:55 ]
International Market prices of Ethylene as of 2nd July 2015 [12:50 ]
Asian Market prices of Ethylene as of 2nd July 2015 [12:45 ]
PS prices surge in the US [12:40 ]
GOI: Rate of exchange of conversion of the foreign currency with effect from 03rd July, 2015 [12:00 ]
2EH prices edge lower in Asia [12:20 ]
Rupee gains in morning trade [11:55 ]
BP to offer compensation to Gulf of Mexico oil spill victims [11:50 ]
Mumbai Traded Chemical Prices (Drum) as on 03-07-2015 [11:55 ]
Mumbai Traded Chemical Prices (Bulk) as on 03-07-2015 [11:50 ]
Toluene prices in Asia edge lower [11:30 ]
EDC and VCM prices continue to fall in Asia [11:15 ]
Market Synopsis as of July 02, 2015 [10:25 ]
Open spec naphtha prices decline in Asia [11:00 ]
Crude oil prices end mixed on Thursday [10:15 ]
SNAPSHOT: Kenya market as of July 2, 2015 [12:35 ]
SNAPSHOT: Nigeria market as of July 2, 2015 [12:30 ]
SNAPSHOT: Sri Lanka market as of July 2, 2015 [12:25 ]
SNAPSHOT: Bangladesh market as of July 2, 2015 [12:15 ]
SNAPSHOT: Pakistan (Lahore) market as of July 2, 2015 [12:10 ]
India studies possibilities of oil purchase in Kazakhstan [10:45 ]
SNAPSHOT: Pakistan (Karachi) market as of July 2, 2015 [12:05 ]
SNAPSHOT: Nepal market as of July 2, 2015 [11:45 ]
Domestic market prices of EVA as of July 2, 2015 [11:40 ]
SNAPSHOT: Tirupati market as of July 2, 2015 [11:35 ]
SNAPSHOT: Kerala market as of July 2, 2015 [11:25 ]
SNAPSHOT: Punjab market as of July 2, 2015 [11:20 ]
SNAPSHOT: Hyderabad market as of July 2, 2015 [11:10 ]
SNAPSHOT: Kanpur market as of July 2, 2015 [11:05 ]
SNAPSHOT: Rajasthan market as of July 2, 2015 [10:55 ]
SNAPSHOT: Ahmedabad market as of July 2, 2015 [10:50 ]
SNAPSHOT: Chennai market as of July 2, 2015 [10:40 ]
SNAPSHOT: Indore market as of July 2, 2015 [10:35 ]
SNAPSHOT: Bangalore market as of July 2, 2015 [10:25 ]
SNAPSHOT: Kolkata market as of July 2, 2015 [10:20 ]
SNAPSHOT: Delhi market as of July 2, 2015 [10:10 ]
SNAPSHOT: Mumbai market as of July 2, 2015 [10:05 ]
Explosion reported at Hanwha PVC plant [10:00 ]
Domestic Prices of Cyclohexanone China as of 2nd July 2015 [09:10 ]
Domestic Prices of Methylethyl Ketone China as of 2nd July 2015 [09:00 ]
Domestic Prices of Bisphenol-A China as of 2nd July 2015 [09:50 ]
Domestic Prices of Phenol China as of 2nd July 2015 [09:45 ]
Domestic Prices of Acetone China as of 2nd July 2015 [09:40 ]
Domestic Prices of Dioctyl Phthalate China as of 2nd July 2015 [09:30 ]
Domestic Prices of Phthalic Diamide (PA) China as of 2nd July 2015 [09:25 ]
Domestic China prices of Adipic Acid as of 2nd July 2015 [09:20 ]
Domestic Prices of Diethylene Glycol China as of 2nd July 2015 [09:05 ]
Domestic Prices of Monoethylene Glycol China as of 2nd July 2015 [08:50 ]
Domestic Prices of Isobutyl Alcohol & Isooctanol China as of 2nd July 2015 [08:45 ]
Domestic Prices of Methanol & N-Butanol China as of 2nd July 2015 [08:40 ]
Domestic Prices of Ortho Xylene China as of 2nd July 2015 [08:30 ]
Domestic Prices of Mixed Xylene China as of 2nd July 2015 [08:25 ]
Domestic Prices of Toluene China as of 2nd July 2015 [08:20 ]
Domestic Prices of Styrene China as of 2nd July 2015 [08:10 ]
Domestic Prices of Pure Benzene China as of 2nd July 2015 [08:05 ]
Domestic Prices of Caustic Soda China as of 2nd July 2015 [08:00 ]
Ethylene prices journey south in Asia [08:15 ]
MIBK plant operated by Kumho P&B at lower rates [04:20 ]
MDI plant operated by Shanghai BASF Polyurethanes at full rates [09:55 ]
PX plant restarted by JX Nippon Oil and Energy [09:35 ]
PP production from plant in Italy resumed by LyondellBasell [09:15 ]
VCM plant operated by Tosoh at curtailed rates [08:55 ]
SM plant planned to be shut by SCG-Dow [08:35 ]
LLDPE plant in Germany restarted by Sabic [07:50 ]
SM plant restarted by Idemitsu SM Malaysia [07:20 ]
On-spec production attained by Shandong Yangmei Hengtong Chemical at MTO plant [06:50 ]
Etac plant operated by Jiangsu Sopo at lower rates [06:20 ]
BD unit planned to be restarted by Wuhan Petrochemical [05:50 ]
Trial run to be undertaken at new etac/butac plant by Jiangmen Handsome [05:20 ]
Etac plant likely to be taken off-stream by Shanghai Huayi Group [04:00 ]
Zhongyuan Petrochemical Polymer Product Prices as of 2nd July 2015 [07:45 ]
Zhanjiang Dongxing Petrochemical Polymer Product Prices as of 2nd July 2015 [07:35 ]
Zhenhai Refinery Polymer Product Prices as of 2nd July 2015 [07:30 ]
Yanshan Petrochemical Polymer Product Prices as of 2nd July 2015 [07:15 ]
Yangzi BASF Petrochemical Polymer Product Prices as of 2nd July 2015 [07:05 ]
Yangzi Petrochemical Polymer Product Prices as of 2nd July 2015 [07:00 ]
Wuhan Phoenix Polymer Product Prices as of 2nd July 2015 [06:45 ]
Tianjin Petrochemical Polymer Product Prices as of 2nd July 2015 [06:35 ]
Sinopec Shanghai Petrochemical Polymer Product Prices as of 2nd July 2015 [06:30 ]
Shanghai SECCO Petrochemical Polymer Product Prices as of 2nd July 2015 [06:15 ]
Qingdao Refinery Polymer Product Prices as of 2nd July 2015 [06:05 ]
Qilu Petrochemical Polymer Product Prices as of 2nd July 2015 [06:00 ]
Panjin Ethylene Polymer Product Prices as of 2nd July 2015 [05:45 ]
Maoming Petrochemical Polymer Product Prices as of 2nd July 2015 [05:35 ]
Lanzhou Petrochemical Polymer Product Prices as of 2nd July 2015 [05:30 ]
Jiujiang Petrochemical Polymer Product Prices as of 2nd July 2015 [05:15 ]
Jingmen Petrochemical Polymer Product Prices as of 2nd July 2015 [05:05 ]
Jinan Refinery Polymer Product Prices as of 2nd July 2015 [05:00 ]
Hainan Refinery Polymer Product Prices as of 2nd July 2015 [04:35 ]
Guangzhou Petrochemical Polymer Product Prices as of 2nd July 2015 [04:45 ]
Fushun Petrochemical Polymer Product Prices as of 2nd July 2015 [04:30 ]
Daqing Petrochemical Polymer Product Prices as of 2nd July 2015 [04:15 ]
Dalian West Pacific Polymer Product Prices as of 2nd July 2015 [04:05 ]

Engineering Plastics Industry


Growth of Engineering Plastics

Polymerupdate, a leading player in the energy business information vertical, aims to through this conference, focus its attention on the ever rising potential of the engineering plastics segment and bring business leaders on a common forum for tracking opportunities in this sector.

Building on the success of the inaugural conference, polymerupdate is proud to announce the launch of its next conference, The Polymerupdate Global Petrochemical Conference (PGPC) on “Engineering & High Performance Plastics”. This is due to be held on April 14th, 2011 at Hotel Hyatt Regency, Mumbai.

There is considerable growth potential in the engineering plastics industry worldwide since untapped opportunities still exist for metal replacement in cars and trucks, household appliances as well as other applications. Growth in Asia will be driven by increasing usage of engineering plastics in segments like electrical & electronics (E&E), construction and automotives in particular.

Engineering plastics demand is expected to rise globally, driven by the ongoing replacement of metal parts with high-performance plastic.

Engineering plastics in India has witnessed fast growth although the market size is not as large as some other Asian countries. However, this is likely to change as more OEMs, particularly in the automotive industry, plan to establish plants in India. With India becoming an automotive hub, and the electrical and electronics market witnessing a boom, the demand for engineering plastics in India is set to grow at a rapid pace.

It remains Polymerupdate’s vision hereon to offer through its conferences, market intelligence, educate new industry players and provide all in the plastics fraternity a strong networking platform. PGPC 2010 was the first step toward achieving all of these and more, as the delegates spent two days in a comfortable, invigorating and intellectually stimulating environment.

The focus, in the present time, is on engineering plastics for development of new chemical materials. Traditional material is no longer seen to be sufficient to cater to demands of current applications. In modern times, engineering plastics are perceived to be essential and they are being applied in a wider manner in each and every sector of the global economy.

The global market for engineering plastics is projected to grow at a compounded annual growth rate of around 9.5 percent over the next ten years. The consumption growth of engineering plastics on an average annual basis is likely to reach up to 3 million tonnes, 18 percent of the total demand in 2013.

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