Archive | March, 2011

NPRA highlights: Chevron Philips, Nova, Sabic and MEG

By Malini Hariharan

The blog has been reading some more interesting reports filed by ICIS colleagues from the International Petrochemical Conference at San Antonio, US. The conference, hosted by the National Petrochemical and Refiners Association (NPRA) concluded yesterday.

* Chevron …

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China Quiet Market Persists

By John Richardson

LACK of credit and inflation are becoming even greater problems in China, which is reflected in polyolefin markets that remain very quiet indeed.

“It is ice cold out there with very little activity. Importers are waiting and …

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Shale gas spurs optimism but questions remain

By Malini Hariharan

The mood at this year’s International Petrochemical Conference, hosted by the National Petrochemical and Refiners Association (NPRA) in San Antonio,US, is quite bullish and is evident in the reports being filed by the blog’s colleagues on ICIS …

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Middle East Social Pressures & Gas Supply

By John Richardson

THE blog held a fascinating discussion with a very well-placed industry observer last week, further underlining some of the key challenges facing the Middle East..

These include the well-documented feedstock shortages that will result in a dearth …

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Japan Disaster: Plants and markets update

By Malini Hariharan

Japan’s benzene supply is expected to drop by 10% following plant shutdowns and diversion of product for gasoline blending, reports my colleague Mahua Chakravarty.

This works out to about 40,000 tonnes/month, which is lower than the initial …

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China PE Re-exported To Europe

By John Richardson

CHINA’S polyethylene (PE) market is in such a bad state that re-exports are now being considered to Europe.

The wide disparity between a flat China market and strong pricing in European has created this exceptionally rare arbitrage …

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US shale gas and petchems

By Malini Hariharan

The blog would like to share an interesting analysis in the latest issue of ICIS Chemical Business on the impact of US shale gas on petrochemical producers in the region.

Profitability has of course improved as seen …

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Japan Disaster – Update On Lost Production

By John Richardson and Nigel Davis

THE humanitarian side of this disaster is foremost in everyone’s minds with more than 18,000 people now estimated to have died in the Japanese earthquake and tsunami.

Of equal concern is the crisis at …

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PX/PTA prices spike as supply dries up

By Malini Hariharan

The paraxylene (PX)-purified terephthalic acid (PTA) market appears to be bearing the brunt of the Japanese earthquake and tsunami. Spot supplies of PX have dried up following the shutdown of three Japanese plants with a total capacity …

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European Petchems & Future Competitiveness

By John Richardson

Dear Reader

We hope and pray that the nuclear crisis in Japan will be resolved and that the rebuilding process following the earthquake and tsunami can be begin.

My colleagues at ICIS news are doing a comprehensive …

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