UPDATE - PETCHEM INDUSTRY ASIA

South Korean government demands country's largest petchem producers restructure operations / Crisis result of overcapacity, outdated manufacturing methods

POLYMER PRICES

China Standard Thermoplastics February 2018: Domestic market subdued / Announcement of anti-dumping duties on styrene imports from US, South Korea and Taiwan creates price pressure / Notations of PE and PP decrease slightly / Uptrend for PVC, PS and PET

STYRENE

China considers anti-dumping duties on styrene monomer / US, South Korea and Taiwan affected

POLYMER PRICES

China Standard Thermoplastics February 2016: Feedstock costs rise on back of tight supply and post-holiday demand / Processors resume activity in mid-February / Demand in line with expectations / Domestic polymer prices mostly firm / Import quotes rising

SAMSUNG

Majority share in Chemicals to be sold to Hanwha / Proposed transaction also includes stake in Samsung Total joint venture