Archive | September, 2010

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Wrong Assumptions Drive Shipping, C2 Investments

The goat has been got 

 

Source of picture: michaelscomments.wordpress.com

 

By John Richardson

EARLIER this week we blogged on the 25 or so ethylene carriers that could be delivered into the shipping market by 2013 and the risk this poses …

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The perils of forecasting

By Malini Hariharan

This is a tough time for those who are in the business of forecasting. Predictions of petrochemical margins hitting the bottom in 2009 have so far not materialised and volumes from new plants are being digested quite …

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Iran Sanctions Lead To Illegal Shipments Claim

Source of picture: http://www.westernesa.com/

 

By John Richardson

AN allegation has been made that traders could be changing bills of lading on cargoes of a certain liquids chemical being shipped out of Iran in an effort to get round tougher …

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Don’t worry, be happy

By Malini Hariharan

The blog was able to talk to a Korean polyolefins producer who was not perturbed by the recent weakness in Chinese demand and was fairly confident of selling October volumes.

“It’s the holiday season so converters do …

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Chandra Asri And TriPolyta To Merge

By John Richardson

The consolidation talked about in Indonesia for more than ten years – that between cracker operator and polyethylene (PE) producer Chandra Asri and polypropylene (PP) producer TriPolyta – is finally set to happen by January next year. …

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Ethylene Freight Rates Head For Collapse

“If I didn’t care what happens to you….”

Source of picture: www.sydbarrett.com

 

By John Richardson

AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the …

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Saudi Kayan commercial production delayed to end-2011?

By Malini Hariharan

Sabic’s Saudi Kayan appears to be heading down the same road as other recent Saudi petrochemical projects.

After starting up a 1m tonnes/year cracker and a mono ethylene glycol (MEG) facility, a local media report states that …

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Saudi Arabia: The Implications Of Going Downstream

An example of how Lexan solar control IR sheets (made by SABIC Innovative Plastics) can be put to use

Source of picture: SABIC

 

By John Richardson

SAUDI ARABIA is busy reshaping its petrochemical industry to reflect a drastic shift …

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China, Russia To Boost Iranian Ethylene Trade?

Iran’s South Pars gas field

Source of picture: www.petropars.com

 

By John Richardson

THE ability of Iran to further exploit its huge natural gas reserves – and in so doing maintain ethylene exports at constant levels throughout the year – …

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European Polyolefins: The Luxury of Unintended Consequences

Another excuse for a Dylan picture – ref “Shelter From The Storm”

Source of picture: www.israbox.com

By John Richardson

WEST EUROPEAN polyolefin markets remain tight thanks to the lingering effects of lack of spending on maintenance, several market sources have …

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