SABIC Q2-2011 profits surge 61%

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• Spot naphtha premiums in NWE supported by buoyant blending demand

• Higher costs, limited availability push up PP prices in SE Asia

• Asian naphtha prices rebound from a three-session low to reach week highs

• Honam Petrochem buys 50,000 tons naphtha for H2-August at a lower price

• Crude price reacts to news of European banks passing stress tests

• German chemical industry heading for a record year

• Yunlin County Government rejects applications by Nan Ya to resume production at two plants

• Formosa’s phase-four expansion plans at naphtha cracker in Mailiao Township fail to pass EIA review

• Fluor Corp. chosen to serve as BASF's engineering partner in Asia and Europe

• Spot NWE benzene strengthen as August naphtha spread touches US$200/mt

• Saudi Arabia's Ministry of Energy announces return of supplies to normal levels by month end

• Haldia Petro operating naphtha cracker at full capacity after fire

• Petro Rabigh sees cuts in ethane gas and crude oil supplies

• SABIC incapable of meeting polymer orders of APAC and Middle Eastern customers

• Rare move sees Saudi Aramco book at least 120,000 tons of naphtha for Sept loading from Europe

• Attack on Saudi Aramco raises feedstock supply concerns in Asia olefins-polymers market

• Borealis holds groundbreaking ceremony for PDH plant in Kallo, Belgium

• Driven by APAC demand, global EPDM market to register CAGR of 6.5% from 2019 to 2025

• Carbon Fiber Reinforced Thermoplastic (CFRTP) Composites Market

• Driven by ethylene, global petrochemicals market to cross US$1203 bln by 2026