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The search for more basic petrochemicals

Very interesting speech from Alan Kirkley, Vice President of Strategy and Portfolio for Shell Chemicals, which first of all goes over the predictable ground of where we are in the cycle and the threat from the Middle East.

However, he …

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History will surely repeat itself

The mood at the recent NPRA International Petrochemical Conference in San Antonio, Texas, was mixed, despite all the economic gloom.

Some producers said they were still making money – especially those selling into manufacturing sectors benefiting from a rise in …

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Is the last margin grab over?

Shortly after I wrote this article (see below) on the doom and gloom surrounding China polyolefins markets, hey presto, prices rallied and I was wondering whether I needed to be wiping egg off my face.

But shortly after the slight …

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Balancing economics with the environment

Recent comments by An Qiyuan, chairman of the Chinese People’s Political Consultative Committee for Shaanxi, warned of the environment and social catastrophe facing the northwestern province of China because of a shortage of water.
He was referring to the diversion …

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If I had a dollar for every time………

…….I had heard a company saying it was moving up the value chain (or rather a Euro or a British pound these days), I wouldn’t be writing this blog entry while smelling the wonderful aroma of pork sausages being cooked …

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China growth under severe threat

I could easily be accused of ceaseless pessimism, but growth in China is moderating – regardless of what your view is of the extended article below on the impact of the bad-weather crisis.

Slowing exports were already eating into estimates …

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Life gets more complicated for methanol

In the good or maybe the bad old days depending on your standpoint, methanol was a fairly straightforward product.

You had chemicals demand and that was more or less it. But as the extended analysis below explains, chemical producers who …

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Here we go again – 1997 is back…..

I sincerely hope not, but all the signs are there because of:

*A financial crisis which nobody again saw coming, this time with global implications

*What could prove to be too much spending on new equipment and capacity. This time …

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China coal to benzene threatens

With naphtha prices so high, heavy aromatics and pygas feedstock for producing benzene are not only expensive but are also in tight supply due to operating rate cutbacks.

Longer term also, as we’ve already discussed here, there are major doubts …

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Will Dow ever crack India?

The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China.

China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a …

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