Archive | April, 2011

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China outlines shale gas ambitions

By Malini Hariharan

With all the buzz around shale gas in the US the blog is not surprised to read that China is also turning to this unconventional source of gas.

The country is looking to start shale gas production …

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US Petchems Overconfident On Shale Gas

By John Richardson

THE soaring confidence of the US petrochemicals industry over abundant ethane feedstock from shale gas could end up being colossally misplaced, as we have discussed before on the blog.

America is the most NIMBY (not in my …

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Broad Commodities Sell-off Beckons

By John Richardson

THE blog remains extremely worried that there is about to be a major sell-off of commodities in general, including petrochemicals, as conditions right now feel very similar to those in 2008.

Whether we will face a systemic …

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China market problems persist

By John Richardson

WHILE ethylene prices rose to a 14-month high last week on very expensive oil and the Shell Chemicals outage in Singapore, the ICIS pricing C2 margin report calculated a staggering $134/tonne fall in Northeast Asian margins. Rising …

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India PVC imports set to grow

By Malini Hariharan

The outlook for polyvinyl chloride (PVC) in India is bright was the conclusion at the end of last week’s Vinyls-India 2011 conference in Mumbai.

Plenty of indicators were put up to justify this conclusion. India’s per-capita consumption …

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Chinese PVC demand set to reach 13m

By Malini Hariharan

The blog was at the Vinyls India – 2011 conference in Mumbai which has attracted over 400 delegates interested in hearing about the Indian market.

The country has emerged as a major importer of polyvinyl chloride (PVC) …

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Huntsman to scale up India capacities

By Malini Hariharan

US chemical producer Huntsman plans to rapidly expand capacities and sales in India, a country that has caught the attention of global majors.

The blog caught up with the company’s President and CEO Peter Huntsman in Mumbai …

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One more US expansion

By Malini Hariharan

The shale gas based ethane rush in the US continues with Westlake Chemical the latest to announce big expansions at its two crackers in Lake Charles, Louisiana.

Each of Westlake’s two light feedstock crackers will be expanded …

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Chemicals And The Removal Of The Punch Bowl

By John Richardson

LUNCH with a chemicals analyst yesterday, during the blog’s latest trip to Singapore, gave an intriguing glimpse into the world of those who invest in the chemicals industry.

“The Morgan Stanely “Supercycle” report (which the blog wrote …

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Growing in confidence

By Malini Hariharan

After sorting out their merger, PTT Chem and PTT Aromatics and Refining (PTTAR) are looking at a major new investment to take care of their future.

In an interview with the blog’s colleague Tahir Ikram, PTT Chem’s …

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