 | MOU for world's largest PX (Paraxylene) plant in Korea
Showa Shell Sekiyu K. K. (Chairman, Representative Director, Shigeya Kato), GS Caltex (Chairman & CEO, Dong-Soo Hur) and Taiyo Oil (President, Yutaka Oka) signed an MOU for new PX (Paraxylene) project at GS Caltex head office in Seoul, Korea.
In the MOU, the three companies agreed to cooperate in materializing the new PX project |
 | DSM Dyneema appoints distribution partner for USA
Atkins & Pearce, Inc., a US-based supplier catering to the textile industry, has been appointed by DSM Dyneema as its premium distribution partner for North and Central America and Mexico with immediate effect.
Atkins & Pearce would handle marketing and distribution of ultra-high molecular weight polyethylene (UHMWPE) fibre produced by |
 | BASF to invest $150mn for chemical plant in India
BASF India Limited will invest €150 million to set up a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located on the west coast of India in Gujarat.
The new site will be an integrated hub for polyurethane manufacturing and will also house production facilities for care chemicals and |
 | Chinese CPL spot market light on April 10
China's spot market of caprolactam (CPL) in terms of RMB was flat on April 10. Trading atmosphere was light in the market, actual turnover appeared rare.
Sporadic offers were in the range of * * * Yuan / ton, sporadic bids were * * * Yuan / ton and actually negotiated price was in the range of * * * Yuan / ton.
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