Archive | July, 2010

Qatar Petroleum, ExxonMobil Delay Qatar Cracker

By John Richardson

Qatar Petroleum and ExxonMobil have delayed the start-up of their 1.6m tonne/year cracker and derivatives project in Qatar, my colleague Anna Jagger reported on ICIS news yesterday – quoting sources familiar with the project.

This confirms an …

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Asian Ethylene, PE Declines Continue

By John Richardson

ASIAN ethylene and polyethylene (PE) margins both fell last week – a further indication that the Chinese market remains weak.

Bonded warehouses are still full of PE as a result of high imports in March at a …

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Global Chems Outlook: Pockets Of Strength And Weakness

 

Spain saves the world economy

 

 

Source of picture: www.fifa.com

 

By John Richardson

GLOBAL chemicals sentiment seems to be muddled and confused as the constant flood of positive and negative macro economic data.

Take last week’s American Chemistry …

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Iran Petchems Hit By New Sanctions

 

Source of picture: irantrip1wordpress.com

 

 

By John Richardson

IRAN’S ability to further develop its oil, gas and petrochemicals sectors has received further major blows from new rounds of United Nations and US sanctions.

One June 9, the UN …

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China Property Sector Dangers Grow

 

Source of picture: www.chinadigitaltimes.net

 

 

By John Richardson

HOPES for strong China chemicals and polymer demand growth in H2 partly rest on government stimulus money for infrastructure projects compensating for a weakening real-estate sector.

Whether its direct consumption …

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Mood Becomes Gloomy On Macro Dangers

Dear Readers – here is, hopefully, a hand summary of some of the key themes that have emerged over the past two weeks with some important additional data on imports and inventory levels in China – plus a rather unscientific …

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Assessing Real Versus Sensationalised Risks

 

Source of picture: www.sierraclubgreenhome.com

 

By John Richardson

WHEN the bisphenol-A (BPA) health scare erupted a couple of years ago I rushed out and changed all my baby boy’s milk bottles to ones made from polypropylene (PP).

“Did you …

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German World Cup Win And A Double-Dip Recession?

            

                                                                 

                                 Please, please not again…

Source of picture: soccernet.espn.go.com

 

 

By John Richardson

The dreadful state of China’s polyethylene (PE) market will last for at least the next two months as a result of the overstocking we talked …

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Report: ExxonMobil Qatar Project In Doubt

Up In The Air?

Source of picture: www.marcdussault.com.blog

 

By John Richardson

QATAR Petroluem and ExxonMobil have started talks to dissolve their partnership for a 1.6m tonne/year cracker project in Qatar, according to an article published earlier this week by …

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