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TECNON ORBICHEM

Your Source of Expert Chemical Industry Knowledge

Tecnon OrbiChem has been a leader in providing data and analysis to the petrochemical industry since 1976. We are now one of the world's foremost marketing consultancies to the bulk chemicals, petrochemicals and plastics industries. We specialise in Chemical Intermediates, Synthetic Fibres and Resins.

Tecnon OrbiChem provides independent, expert assistance on projects and strategic issues. We offer a unique combination of up-to-date market information and in-depth analysis through monthly business reports and proprietary databases.

Market Highlights

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Phenol ยท Acetone & Derivatives
21 February 2020 Issue Number 302
  • Ineos’s force majeure on phenol/acetone at its Antwerp site continues
  • Turnaround season in all regions will keep phenol supply snug
  • Acetone spot prices significantly increase in the US and Europe
  • US acetone 2020 contract discounts to be settled on a monthly/quarterly basis
  • Bisphenol A values in Europe climbing rapidly due to short supply
  • Methyl methacrylate values see further reductions amidst soft demand

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PET Packaging Resin
20 February 2020 Issue Number 280
  • Coronavirus causes demand to evaporate and Chinese PTA inventories to soar
  • Removal of Indian ADD on PTA is well received by polyester fibre producers
  • Ethylene falls $135/ton in China, stable in Europe, down 1.25 c/lb in the USA
  • China announces procedure for exemption of trade-war tariffs on US MEG
  • First February MEG deal at €608/ton in Europe.  January ECP fixed at €625/ton ddp
  • The Indian PET resin industry continues to operate at an average rate of 85-90%

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Polyester & Intermediates
20 February 2020 Issue Number 478
  • Coronavirus causes demand to evaporate and Chinese PTA inventories to soar
  • Removal of Indian ADD on PTA is well received by polyester fibre producers
  • China announces procedure for exemption of trade-war tariffs on US MEG
  • US polyester filament supply remains low with business investment sluggish
  • The polyester staple market in China is seriously impacted by the coronavirus
  • The Indian PET resin industry continues to operate at an average rate of 85-90

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