IHS Chemical Week

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Taiwan (163)


BP's Capco JV to decommission five PTA plants in Taiwan, close site
China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at Kaohsiung, Taiwan, and close the Kaohsiung site. The five plants have...

Aromatics markets continue to sink in Asia as weak crude leads to offer cuts
Spot aromatics prices fell in Asia for a second day running today. Offers dropped below late yesterday's bids as crude futures stood at lows of more than five-and-a-half years. This afternoon in Asia, February Brent futures sank near $46/bbl compared with...

Asia aromatics prices threaten to outstrip 70-month lows as crude falls again
Spot prices for aromatics fell again in Asia today, threatening to dip below the 67–70-month weekly lows recorded last week, as volatile Brent crude futures fell below $49/bbl in late afternoon trading. Spot deals were concluded this morning for toluene...

Formosa Petrochemical plans mid-2015 turnaround at No. 1 cracker
Formosa Petrochemical Corp. (FPC) plans to shut its No. 1 cracker at Mailiao, Taiwan, over June and July to carry out a scheduled maintenance program, a source close to the company said today. FPC's No. 1 cracker is the smallest of three crackers that the...

Aromatics prices have fallen by half in Asia during 2014
Asian aromatics prices have lost much of their value in 2014, falling toward the end of December to about half of their levels one year ago, IHS Chemical data show. Prices have fallen from highs reached in July amid volatility in crude oil futures. The Brent...

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