Archive | December, 2011

America’s New Political Era

What follows is likely to be of little interest to those, like ourselves, who are obsessed by the week-by-week price of polyethylene (PE).

But a strong US economy is essential for a healthy global chemicals industry, and what is being …

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Conventional Thinking Revisited

By John Richardson

CONVENTIONAL thinking is that when you have a strong feedstock advantage, you should go ahead and build more petrochemicals capacity on the assumption that growth will eventually be sufficient to absorb volumes.

Hence, several more green-field crackers …

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The Great Opportunities Ahead

 

The blog is taking a break for the festive season (we will back on Thursday next week before, of course, closing-down again over the New Year period). 

We would like to wish all of our readers a very happy …

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Don’t Underestimate The Middle East

 

Source of picture: Wikimedia Commons

 

By John Richardson

THE theme of last week’s Gulf Petrochemicals and Chemicals Association (GPCA) conference in Dubai was “Moving Downstream, Creating Added Value and Sustainable Growth”.

There is a huge effort underway in …

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The Risks For US Petchems

 

By John Richardson

THE US petrochemicals industry might be in danger of being lured into old thinking about the future direction of the global economy as a result of abundant shale gas.

Despite the short-term markets gloom which we …

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Placing Faith In Politicians

By John Richardson

THE public mood of last week’s Gulf Petrochemicals and Chemicals Association (GPCA) conference in Dubai was resolutely optimistic.

But in the corridors, the dining rooms and the coffee bars of the conference hotel, the mood was radically …

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The Risks Of Being An Outlier

By John Richardson

THE blog has been mystified throughout this year over why senior industry executives appear to remain “in denial” over the weakness of global petrochemicals markets.

Time and again we have heard the comment that the falls in …

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China coal-based MEG moves ahead

By Malini Hariharan

China’s second coal-based monoethylene glycol (MEG) plant is due to start in the second half of 2012, reports ICIS news.

The plant, located in Hebi, Henan province, will have a capacity of 250,000 tonnes/year and will be …

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Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

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US shale gas buzz in the Middle East

By Malini Hariharan

The US shale gas advantage is a recurring theme at this year’s GPCA forum with companies giving more details about their expansion plans.

Chevron Philips Chemical confirmed that it will build a 1.5m tonnes/year cracker at its …

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