Archive | January, 2011

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Polyolefin numbers look good

By Malini Hariharan

Pic source: www.brandft.co.uk

The blog is in undertaking the difficult task of collecting demand numbers for polyolefins across major Asian markets. Preliminary estimates show that demand growth has been quite healthy in the two major markets – …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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Looking West for support

By Malini Hariharan

As Asian markets head towards a quiet week, producers are probably hoping that developments in other regions will support their efforts to raise prices once trading resumes after the Chinese New Year holidays in the first week …

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A Toxic Combination: Sentiment And Oil Prices

By John Richardson

Yesterday we suggested that demographic challenges in the West, the strain on resources resulting from rising consumption in emerging markets and rising inflation should heavily feature in discussions at this week’s World Economic Forum in Davos.

Chemical …

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Edgy And Nervous CEOs In Deep Contemplation

Davos 2011 

Source of picture: eacci.net

 

 

By John Richardson

THE edginess and nervousness of Asian polyolefin markets we talked about last week is likely to be part of the mindset of any chemicals company CEO right now.

As …

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Petronas gets busy

By Malini Hariharan

How many projects is Petronas Chemical planning?

Last week the blog had covered an ICIS news report which referred to a study on 1m tonnes/year ethane cracker and derivative units at Kerteh.

Now a report from UBS …

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India’s OPaL inches forward

By Malini Hariharan

Regular readers of the blog will remember a November post that had highlighted delays at ONGC Petro-Additions Ltd’s (OPaL) 1.1m tonnes/year cracker project at Dahej on the west coast of India.

This time there is some progress …

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Polyolefin Producers Maintain Their Control

Source of picture: Dallhouse University, Canada

 

By John Richardson

THE incredibly smart way in which polyolefin producers have managed production since the great collapse of September 2008 continues to defy what appear to remain some very uncertain, and some …

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A Repeat Of The 2008 Collapse On The Cards

 

     “Only another thousand or so years to go…..”

      Source of picture: Atlantic Council

 

By John Richardson

HERE we go again, eh? Yes, as rising crude-oil prices and overall inflation pose a major threat to the petrochemicals …

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Crude firm but naphtha under pressure

By Malini Hariharan

Asian naphtha prices, which were expected to remain firm this quarter, have come under pressure as large volumes of European material are heading towards this region.

Naphtha was trading at around $885/tonne cfr Japan last evening supported …

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