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ICIS Pricing Launches Acrylonitrile Butadiene Rubber (Asia Pacific) Report
SINGAPORE, October 8 /PRNewswire/ -- ICIS pricing, http://www.icispricing.com/, the world's leading price reporting service for the global chemical industry, has launched a new weekly Acrylonitrile Butadiene Rubber (NBR) report, in response to demand for news and pricing information on NBR in the region. The weekly NBR (Asia) report will offer spot CFR China, spot CFR South East Asia price assessments and spot CFR India (USD/MT). It will also feature vital insights and critical market commentary as well as operating and production news within the industry. NBR is resistant to oils over a wide temperature range and is also noted for high strength and excellent resistance to abrasion, water, alcohols and heat. NBR is therefore the perfect material for disposable lab, cleaning, and examination gloves. In the automotive industry, it is used to make fuel and oil handling hoses, seals and other components. NBR's ability to withstand a range of temperatures from -40degreesC to +120degreesC makes it an ideal material for extreme automotive applications. NBR's future is closely linked to China's increasing affluence and appetite for cars. Having overtaken Japan as the world's second-largest automotive market, Chinese car sales reached 5.7 million units in 2006 and are expected to double over the next seven years to more than 10.3 million units. The Indian market is developing rapidly as global companies outsource their manufacturing options to lower-cost locations other than China. A growing production centre for suppliers of automotive components, 1.4 million vehicles were manufactured in 2006 and the Indian market is set to double by 2008. "Asia is booming, with China and India leading the way in the rapid economic development of this region. China is the fastest-growing and second-largest car market in the world, with India not far behind and fast catching up in its industrialisation programme. It is therefore timely to launch the NBR report to provide concise, accurate and impartial pricing information on the burgeoning nitrile rubber trades in Asia," said Helen Yan, senior editor, ICIS pricing. Building on our knowledge of the feedstock acrylonitrile, butadiene and styrene markets, ICIS pricing is pleased to introduce the weekly Acrylonitrile Butadiene Rubber (NBR) report covering the Asia Pacific market. This latest addition consolidates ICIS pricing's benchmark position and provides additional price information and news in the Asian synthetic rubber market. Request for a free trial of the NBR (Asia Pacific) report here: http://www.icispricing.com/il_free/il_free_trial/free_trial.asp?comp=NBRpr&cp =OTC-CHPR-NBR_PressRelease (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.) or alternatively email sales.ap@icis.com. Notes to Editors: ICIS pricing ICIS pricing, http://www.icispricing.com, an independent pricing and market intelligence service from ICIS, provides chemical and oil markets with reports published daily, weekly or monthly on more than 120 products. The pricing information is gathered by teams of experienced reporters in London, Houston, Singapore and Shanghai to offer the most complete, authoritative and up-to-the minute independent market information available. For further information on ICIS pricing and ICIS, please visit http://www.icis.com. Reed Business Information ICIS is part of Reed Business Information, http://www.reedbusiness.co.uk/ , (RBI), a division of Reed Business and a member of Reed Elsevier plc (525), (UK:REL) (US:RUK) (NL:45443) the world's leading publisher and information provider. RBI publishes over 100 market leading publications, directories and online services, and organises many industry conferences and awards. The RBI portfolio includes Computer Weekly, Caterer & Hotelkeeper, Commercial Motor, Community Care, Estates Gazette, Farmers Weekly, Flight International, New Scientist, Travel Weekly, Totaljobs.com, Caterer.com, CWJobs, Estates Gazette Interactive (EGi), ATI (Air Transport Intelligence), ICIS, Kellysearch, Kompass UK, and Bankers' Almanac. For a full listing visit http://www.reedbusiness.co.uk For further information please contact: Sheldon Chee ICIS pricing tel: +65-6789-8828 email: sheldon.chee@icis.com






