Archive | August, 2010

Kuwait plans another cracker

By Malini Hariharan

Despite doubts about availability of gas, its cost and viability of using naphtha or other feedstocks, companies from the Middle East are continuing to plan new petrochemical projects.

The latest is Kuwait’s Petrochemical Industries Co (PIC) which …

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Operating problems strike Asian polyolefins

By Malini Hariharan

Just when polyolefin markets have started recovering operating issues are cropping up at plants in Asia.

ExxonMobil was forced to shut its 600,000 tonnes/year polyethylene (PE) plant in Singapore on Tuesday for two weeks due to undisclosed …

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Asia awash with aromatics

By Malini Hariharan

Excess availability of product continues to trouble Asian aromatics markets. Commissioning of new plants and reluctance to cut operating rates has resulted in a steady build up of stocks over the last few months.

Take the case …

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Taiwan’s tough talk

By Malini Hariharan

Formosa Petrochemical Corp’s problems are mounting after two accidents in less than a month at its refinery and petrochemical site in Mailiao, Taiwan.

Wu Den-yih, the country’s premier was at the site last week and ordered an …

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China PE Price Rebound Driven By Futures Market

By John Richardson

CHINA’S domestic linear-low density polyethylene (LLDPE) prices have rebounded by as much as Yuan 1,000/tonne ($147.5./tonne) or 8% over the last two weeks, according to this ICIS news article from my colleague Rainy Ma.

As these graphs …

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