Sao Paulo 09:00 - Buenos Aires 9:00 - Mexico City 05:00
 
 
Stock Market
 11/20/2008
4:47 PM
IBOV
  
33404 
0%

 
4:48 PM
Merval
  
877 
5.19%

 
4:47 PM
IPC
  
18665 
0.47%

 
 

Dated Brent (06:08 EST) $48.07 -1.23%                       WTI Cushing (09:00 EST) $53.62 -1.42%                       Nymex Henry Hub (05:25 EST) $6.70 -0.64%                       



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Thursday, November 20, 2008 BASF TAKES DRASTIC ACTION AND SHUTS 80 PLANTS - BASF is shutting 80 plants worldwide and reducing production at 100 more facilities in a huge effort to address the decline in demand for its polymer and chemical products. The German giant announced that 20,000 of its 95,000 employees would be affected by the production cuts. full story
Thursday, November 20, 2008 PRICES OF PP EDGE HIGHER IN ASIA AS DEMAND LIFTS IN CHINA - PP prices were assessed firm in Asia this week. Prices climbed on the back of gains recorded in propylene feedstock values coupled with reports of renewed demand in Asia’s key region of China. full story
Wednesday, November 19, 2008 INEOS TO COMBINE OLEFINS & POLYMERS IN EUROPE - Ineos has announced that on December 1, it is to bring together the management of its European Olefins and Polyolefins businesses into a new combined business, to be known as Ineos Olefins & Polymers Europe. full story

 

  
 
 
 
Top-10 mentioned companies in the QuiMax Monitor in the last 12 months
1
Dow
10.0%
2
Basf
5.1%
3
Braskem
4.1%
4
Petrobras
3.2%
5
SABIC
3.1%