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Pilipinas Shell Announces Permanent Closure of its Tabangao Refinery
  • 14-Aug-2020 05:00 PM
  • Journalist: Timothy Greene

Phillippine oil giant Pilipinas Shell Petroleum Corp. has decided to permanently shut operations at its 110,000 bpd Tabangao refinery. The decision has been taken considering the impact of COVID... Read More

NBR Sentiments Surge in India, Demand Rise and Feedstock Lend Support to the Pricing Curve
  • 14-Aug-2020 11:00 AM
  • Journalist: Timothy Greene

Price of Nitrile Butadiene Rubber (NBR) in India jumped in the month of August tracing the feedstock Butadiene (BD) and strengthening demand from the agricultural sector. Sources attributed that... Read More

Weak Demand Outlook Followed by Several Capacity Additions to Pressurise Asian PTA Prices in the Next Quarter
  • 13-Aug-2020 05:00 PM
  • Journalist: Timothy Greene

Asia PTA market has witnessed an overall ease in the supply overhang majorly due to couple of turnarounds in PTA facilities in China in the last quarter. The situation was exacerbated when two l... Read More

RIL, HPCL Revise PP Price Downwards
  • 13-Aug-2020 01:00 PM
  • Journalist: Timothy Greene

India's Polypropylene is trending downwards as producers are under the pressure of clearing stocks to avoid inventory pileups. Daily bulk prices were heard to be lower by INR 1-1.5 per kg, a... Read More

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