By Malini Hariharan The Indian government is being asked to give a fresh boost to the chemicals industry in the 12th Five Year Plan beginning from 1 April. A working group for the chemicals industry has detailed key measures that the government must take to ensure growth of 12% during the plan period (2012-2017). Top […]
Asian Chemical Connections
China Set To Gain The Most From Inland Boom
By John Richardson LAST week we discussed how inland markets in China – which are booming thanks to government efforts to raise rural income levels – offer huge opportunities for petrochemicals producers. Here are a few further reasons to believe that it will be local rather than overseas producers which benefit the most. Beijing […]
PE Margins Lowest On Record
By John Richardson ANOTHER week has gone by with no evidence of significantly stronger polyethylene (PE) volumes in China. Rising labour costs, because of mandated government increases in minimum wages, and the shortages of labour post-Lunar New Year, are still making it difficult for plastic converters to run at full capacity. The recovery in pricing […]
HDPE Premium Likely To Fade
By Malini Hariharan High density polyethylene’s (HDPE) premium over linear low density PE (LLDPE) is likely disappear in the second quarter reversing a trend that has lasted for nearly a year. LLDPE supply is getting tighter with few capacity additions due this year. Additionally plant turnarounds in Asia and the Middle East are also likely […]
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