ICIS Pricing Launches the Spot PX Trades Premium/Discount Assessment in its Xylenes Reports

SINGAPORE, April 21, 2011 - ICIS pricing, the leading price reporting service for the global chemical
industry, has launched the premium/discount assessment for spot PX trades
executed on the 50% Asia Contract Price + 50% spot average of published CFR
Taiwan/ China Main Port prices.

The first-of-its-kind assessment will enhance transparency for this
formula that has grown increasingly popular among market players recently due
to high levels of volatility.

It will also provide a more complete as well as comprehensive view of new
and emerging trade dynamics in the Asian spot PX market. The new quote will
provide a reliable and up-to-date price marker for buyers, traders as well as
makers.

The assessment is available in ICIS daily Xylenes report and weekly
Para/Ortho Xylenes (APAC) report

Request a sample copy of the ICIS Xylenes report from ICIS pricing at
tinyurl.com/ICISPXPR0411 or by emailing csc@icis.com.

Notes to Editors:

ICIS pricing

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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 www.icis.com.

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    For further information please contact:

    Melvin Tang
    ICIS pricing
    tel: +65-6780-4352
    email: Melvin.tang@icis.com

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