Shell’s refinery and petchems complex in Deer Park, Texas
Source of picture http://www.msnbc.msn.com/
By John Richardson
THE excellent third-quarter financial results of the likes of Dow Chemical and LyondellBasell further confirm the extraordinary turnaround in the cost positions of …
Dubai crucial for Iran
By Malini Hariharan
The blog recently had an opportunity to talk to a few Iranian companies and was impressed by their sanguine approach to the challenges posed by the new round of sanctions.
This too …
Source of picture: tycoonreport.com
By John Richardson
This is a very dangerous time for petrochemicals producers as they attempt to separate real, sustainable demand from feedstock-cost related price rises and speculation.
A bubble – as we discussed yesterday …
By Malini Hariharan
Speculative fever has struck the Chinese purified terephthalic acid (PTA) market with domestic prices soaring by 26% in just one week.
PTA futures trading on the Zhejiang Commodity Exchange (ZCE) was suspended for the whole day Tuesday, …
By John Richardson
THE potential returns from LG Chem’s electric battery and electronic materials are tremendous and are leading to some bullish forecasts from analysts as to future earnings.
What will be interesting, though, is what will be the …
Please stop taking the Mickey..
Source of picture: China Daily
By John Richardson
ECONOMIC bubbles have been given their name for a good reason: They behave exactly the same as the soap bubbles that were prevalent at Hong Kong’s …
By John Richardson
SOUTH Korea is set to raise its ethylene and propylene capacities by 700,000 tonne/year and 740,000 tonne/year by 2013, Seo Kyung Sun, executive director of the consulting business of Seoul-based Chemical Market Research Inc (CMRI) told the …
We are deeply ashamed of ourselves….
By John Richardson
AT the risk of boring you completely senseless let us once again return to the subject of liquefied petroleum gas (LPG) and its likely usefulness as a cracker feedstock over …
By Malini Hariharan
Conventional wisdom suggests that it is best to build a plant where the market is. But can ready availability of material develop markets.
Take the case of India. In an interesting presentation at India Chem last week, …
By John Richardson
A GREAT deal more polyolefins supply is expected to hit the Asian markets over the next few months resulting in what two chemicals analysts tell the blog will be depressed margins up until March next year.
After …