Archive | March, 2010

xin_5805022814176852701015.jpg

China Labour Shortage Threat To Chem Demand Grows

“Sorry, but there’s more to life – I really don’t want to do this anymore…”

Source of picture: China Daily

 

By John Richardson

The labour shortage crisis in southern China – which one trader had claimed would last exactly …

Continue Reading

India’s petchem projects dilemma

By Malini Hariharan

I have been doing my annual exercise of compiling major petrochemicals projects in India and as usual there not too many.

Making a case for investing in a cracker in India has never been easy and the …

Continue Reading
maptaphutgarbagedumped.jpg

Thailand’s Map Ta Phut crisis – the NGO side of the story

By Malini Hariharan

Penchom Saetang of Ecological Alert and Recovery – Thailand (Earth) is not a typical activist vociferously denouncing companies for their environmental misdeeds. She is soft spoken and rational in her criticism of the state of affairs at …

Continue Reading
camTrafficJam_wideweb__470x314,0.jpg

Good Manners More Important Than Financial Results

Source of picture: www.theage.com.au

By John Richardson

A good friend of mine, working for a Singapore-based chemical company, recently had a discussion about a new office seating plan with her company’s human (????) resources manager.

“I have decided not to …

Continue Reading
stock_refinery_getty.jpg

Saudi Feedstock Pricing May Change Next Year

What’s the gas?

Source of picture: wwww.arabianoilandgas.com

 

 

By John Richardson

SAUDI Arabian feedstock pricing arrangements for ethane, liquefied natural gas (LPG) and naphtha could change in 2011 – affecting the competitiveness of existing and future investments, two well-placed …

Continue Reading
iran pipeline.jpg

Iran’s many problems

By Malini Hariharan

A new problem is brewing for Iranian petrochemical producers. It appears that the government is quite keen on raising feedstock ethane prices and this issue is now under ‘hot negotiations’.

“The National Iranian Oil Co (NIOC) and …

Continue Reading
xin_100103021119578114712.jpg

Western Chems: Exporting Into More Domestic Trouble?

China’s migrant workers – a risky game…

 

Source of picture: China Daily

 

 

By John Richardson

THIS very disturbing Op-Ed piece by Paul Krugman in the New York Times argues that the US needs to impose a 25% …

Continue Reading
Rio_de_Janeiro-Ipanema_Beach.jpg

China Re-exports Large Volumes Of PE To Latin America

Heading for the high jump

 

Source of picture: www.commons.wikemedia.,org

 

By John Richardson

CHINA’S polyethylene (PE) market looks as if it has gone a little pear-shaped as a result of high inventory levels and buyers anticipating the long-awaited flood …

Continue Reading
PP-PropyleneAsiaMarch2010.jpg

Asian propylene pricing heading for “a crash”

By John Richardson

PROPYLENE pricing is heading for “a crash” in Asia as a result of spot supply increasing by around 20,000 tonne/month, a senior industry source has told the blog.

Shell Chemicals will have a surplus 440,000 tonne/year of …

Continue Reading

Refinery closures – how many and how fast?

By Malini Hariharan

Many Asian aromatics producers are optimistic that the worst is over and a gradual improvement in global demand coupled with firm Chinese demand will help them through 2009.

There is also the expectation that a pressure on …

Continue Reading