Europe’s gasoline exports have increasingly begun to shift toward Asia in recent weeks as the crude supply shock in the Middle East is tightening Asian fuel supplies. Europe typically sends most of the gasoline it exports to the United States, West Africa and South America. But in these unusual times of the biggest ever disruption…
As the day wore on in the United States, stock markets had a mixed ending. This happened because people were feeling less confident about spending and there were also concerns about problems in the Middle East, even though the big US banks had some good news about their profits. US Stock Market Overview The big…
England bounced back to secure their place in the World Cup semi-finals, while India’s defeat jeopardizes their chances of qualifying for the quarter-finals. England cruised to a four-run victory over India to book a place in the semi-finals of the ICC Women’s Cricket World Cup on Sunday, leaving the tournament co-hosts in a five-way contest…
Asia is set to lead the global capacity expansion of purified terephthalic acid (PTA) by 2030, mainly due to growing demand from the textile and packaging industries. The region maintains its status as a global manufacturing hub, driven by high consumer demand for PTA-based products such as polyester fibers and PET packaging. Asia is expected…
Asia is prepared to head the additions of global polyethylene terephthalaate (PET) for 2030, mainly due to its growing PET demand of several segments of final use applications, such as packaging, fabrics and textile industries. In addition, the region benefits from the favorable availability of raw materials and low labor costs, which makes it profitable…
