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Commodity Chemicals

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  • Race to the bottom: Cotton vs polyester prices Tuesday, 7 Apr 2015 | 6:15 AM ET

    By Henning Gloystein SINGAPORE, April 7- Bulging cotton inventories in China and slumping oil markets have triggered a race to the bottom between cotton and polyester prices. Futures prices in China, both the world's largest producer and importer, are also down a third. That significantly reduced U.S. exports to China, and added supply to a global cotton market...

  • *Brazil, US physical premiums: http://link.reuters.com/buv44w. LONDON, April 1- U.S. aluminium producer Alcoa has this week announced the full shuttering of the Alumar smelter in Brazil. This was a period of rapid expansion of primary aluminium capacity in Brazil.

  • *Oil imports from Iran at 220,000 bpd in year to March 31. *U.S. pressured India not to raise annual Iran oil imports. NEW DELHI, March 31- India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to U.S. pressure to keep its shipments from Tehran within sanction limits during the last month of negotiations on a preliminary...

  • RIO DE JANEIRO, Feb 27- Brazil's Braskem SA, Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras, staving off a threatened shutdown of its Brazilian plants. The contract with Petroleo Brasileiro SA, as Petrobras is formally known, extends the supply agreement until Aug. 31,...

  • JAKARTA, Feb 16- Indonesia has dropped its demand that Freeport-McMoran Inc build a $1.5 billion copper smelter in Papua province, saying a regionally owned enterprise would take on the project instead, website Detik.com reported, quoting the mining minister. The ministry in December said Arizona- based Freeport, which runs the world's fifth-largest copper...

  • DUBAI, Jan 18- Saudi Basic Industries Corp, one of the world's largest petrochemicals groups, reported a 29 percent plunge in fourth-quarter net income on Sunday, widely missing analysts' forecasts because of the tumble of global oil prices. The Gulf's largest listed company earned 4.36 billion riyals in the quarter to Dec. 31 compared to 6.16 billion riyals in...

  • DUBAI, Jan 18- Saudi Basic Industries Corp, one of the world's largest petrochemicals groups, reported a 29 percent plunge in fourth-quarter net income on Sunday, widely missing analysts' forecasts. The Gulf's largest listed company earned 4.36 billion riyals in the quarter to Dec. 31 compared to 6.16 billion riyals in the year-earlier period, SABIC said in a...

  • *Property stocks lead gains in Dubai. DUBAI, Jan 11- Most Gulf stock markets maintained their positive momentum on Sunday, supported by good corporate news, but major petrochemical producer Industries Qatar tumbled and dragged down the Doha bourse after announcing a dividend cut. Industries Qatar plunged its daily 10 percent limit as Qatar's index dropped 2.4...

  • *Process will enable Sasol to meet new environmental rules. *Sasol claims process is a world first. SECUNDA, South Africa, Nov 27- South African petrochemicals company Sasol said it opened an industrial plant that converts toxic waste sludge into fertiliser this week, in an effort to stay ahead of new and tighter environmental regulations.

  • DuPont profit jumps as margins improve Tuesday, 28 Oct 2014 | 6:01 AM ET

    DuPont reported a 52 percent jump in profit as operating margins rose in five of its seven businesses.

  • Cramer: Stock with Plenty of Room to Run Monday, 29 Apr 2013 | 6:16 PM ET

    Cramer said some companies are working despite their exposure overseas. Here's one.

  • Climate Change and its Impact on Food Prices Sunday, 22 Jan 2012 | 4:56 PM ET
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    Food prices and security, threatened by weather-caused production declines and relentless rising demand, will be a key issue at the conference of world business, political and social leaders.

  • Dow Chemical Q2 Results   Wednesday, 27 Jul 2011 | 8:04 AM ET
    Dow Chemical Q2 Results

    Emerging markets are a big part of Dow's growth. Discussing the chemical company's second quarter earnings, rising commodity prices, and stalled debt talks in Washington, with Andrew Liveris, Dow Chemical chairman/CEO, and Klaus Kleinfeld, Alcoa chairman/CEO.

  • Trading on Steel's Strength   Tuesday, 5 Jul 2011 | 10:15 AM ET
    Trading on Steel's Strength

    The outlook for the iron and steel industries and a discussion of how to profit there, with Mark Parr, KeyBanc Capital Markets.