Media Release: Platts.

(From MediaNet Press Release Wire)

MEDIA RELEASE PR18831 Platts to Launch Asian Petrochemical Market Transparency Initiative NEW YORK, May 9 /PRNewswire-AsiaNet/ -- Platts is set on June 1 to roll out a major Transparency Initiative for the Asian aromatics markets. Under this initiative, Platts will refine its Asian aromatics assessment methodology with two new measures: (1) applying a more clearly defined "window" for carrying out Market On Close (MOC)assessments, and (2) identifying by name companies behind bids, offers, and transactions. Under the new system, starting from June 1, Platts will only accept bids and offers for inclusion in its daily Asian benzene, …