Archive | June, 2010

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Ethylene Margins Plunge On PE Rate Cuts

By John Richardson

THE steep decline in Asian ethylene margins – detailed in the chart below from the ICIS pricing weekly margin report – seems to be largely the result of the worrying state of China’s polyethylene (PE) market, which …

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China PE Market Falls Prey To The Speculators…..

….again

By John Richardson

THE sharp fall in polyethylene (PE) pricing in China is being blamed on speculative acquisition of cargoes by traders in March and a rise in local production.

Apparent consumption (imports plus local production) is reported to …

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Chemicals Growth Story Gets More Complicated

A Velozzi plug-in hybrid

Source of picture: www.zerauto.nl.blog

 

By John Richardson

Doom-mongers are claiming the end is nigh with the world heading for a double-dip recession.

This is happening at the same as the optimists are talking of the …

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US Needs A Serious, Informed Energy Debate

Will he back raising fuel prices to European levels?

Source of picture: sociologycompass.wordpress.com

 

By John Richardson

IN the midst of the continuing BP oil-spill saga, here’s an important question for our American readers: Once the story is forgotten, meaning …

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China PE, PP Weakness Set To Continue

Europe and China: A two-tier market is hard to bear…

Source of picture: blog.pinkcakebox

 

By John Richardson

CHINA’S polyolefin pricing is likely to remain under downward pressure over the next few months as a result of a persistent inventory …

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BMS Plans New Asia Polycarbonate

 

By John Richardson

Bayer Material Science (BMS) has announced plans for a new polycarbonate ((PC) plant in Asia in another sign of confidence that the chemicals industry, despite major macro-economic threats, is continuing to benefit from the continent’s soaring …

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Petronas Restructuring Details Emerge

Petronas seeks to scale new heights

Source of picture: www.mir.com

By John Richardson

MORE details have emerged concerning the major restructuring taking place at Petronas, the Malaysian state-owned oil, gas, refining and petrochemicals major.

Vice-presidents have being appointed to head …

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Shale Gas Confronts BP Oil Disaster Threat

Deepwater disaster expected to impact shale gas 

Source of picture: Minnpost.com

 

 

By John Richardson

THE booming shale-gas industry could either benefit or suffer from the BP Gulf of Mexico oil-well disaster, with the end-result determined by the effect …

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Being Miserable As A Profession

Never look on the bright side of life…

Source of picture: thescratchingshed.com

By John Richardson – fresh back from a long break in Europe (more on this later).

“If you keep predicting a catastrophe, John, you will eventually be proved …

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GCC gas shortage expected to last till 2015

By Malini Hariharan

After enjoying years of plentiful supplies the Gulf Cooperation Council (GCC) countries face a gas shortage that could last another five years, says consultancy Booz & Co.

And this is happening at a time when other countries …

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