Archive | January, 2008

Life gets more complicated for methanol

In the good or maybe the bad old days depending on your standpoint, methanol was a fairly straightforward product.

You had chemicals demand and that was more or less it. But as the extended analysis below explains, chemical producers who …

Continue Reading

Here we go again – 1997 is back…..

I sincerely hope not, but all the signs are there because of:

*A financial crisis which nobody again saw coming, this time with global implications

*What could prove to be too much spending on new equipment and capacity. This time …

Continue Reading

China coal to benzene threatens

With naphtha prices so high, heavy aromatics and pygas feedstock for producing benzene are not only expensive but are also in tight supply due to operating rate cutbacks.

Longer term also, as we’ve already discussed here, there are major doubts …

Continue Reading

Will Dow ever crack India?

The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China.

China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a …

Continue Reading

How dependent is Chinese growth on the US?

According to this article from The Economist, total China exports account for less than 10% of China’s GDP when “value add” is stripped out – much less than the headline 40% figure for 2007, which includes imported and domestic inputs. …

Continue Reading