Archive | November, 2010

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US Petrochemicals A World Beater

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 …

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Iran Remains Optimistic On Exports

                                    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 …

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Facts, Fiction And Price-Rise Sustainability

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 …

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China fuels another price bubble

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, …

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LG Chem – Tried And Trusted Versus New Businesses

 

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 …

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Disneyland Economics And Planning For 2011

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 …

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South Korea To Raise C2 Capacity By 9.2 Percent

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 …

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The LPG Cracking Myth Debunked

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 …

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Letting supply lead the way

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, …

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Polyolefins Supply Surge Warning – Yet Again

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 …

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