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Why bother?

By Malini Hariharan

After reading news reports about fresh protests against Kuokuang Petrochemical’s proposed refinery and cracker complex in Taiwan the blog is wondering whether the company should be spending time and money in pursuing this ill-fated project.

Kuokuang, a …

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Paraxylene ACP is controversial but necessary

By Malini Hariharan

Paraxylene (PX) is one of the few petrochemicals to have a contract price recognized all over Asia. However, the Asian contract price (ACP) mechanism which has been in use for over ten years continues to court controversy.…

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China’s latest craze – methanol-to-olefins

By Malini Hariharan

A methanol-to-olefins (MTO) wave is gripping China and projects are set to multiply even as questions persist on their economic viability.

Popularity of this technology has grown since the successful commissioning of Shenhua Baotou’s plant earlier this …

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OPEC, China Inflation And Petchems

By John Richardson

OPEC’s decision to maintain crude quotas at current levels could give the banks further ammunition to manipulate opinion that the black stuff is genuinely in tight supply.

There is plenty of evidence that oil is, in fact, …

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Petchems And Tomorow’s OPEC Meeting

By John Richardson

THE next OPEC meeting – which takes place in Ecuador this Saturday (11 December) – is crucial for petrochemicals for two reasons.

Firstly, the crude market has turned bullish recently as a result of the early onset …

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Chinese MEG Demand Up By 2m tonnes This Year

By Malini Hariharan

Global monoethylene glycol (MEG) markets are likely to remain robust in 2011, supported by strong demand from China and a lack of new capacity additions, a top executive from MEGlobal told the blog at the 5th Gulf …

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Lasting Damage To US Chemicals

By John Richardson

The huge and long-lasting impact of the economic crisis on the US chemicals industry is detailed in the excellent Year-End Situation and Outlook report from the American Chemistry Council (ACC), which was released late last week.

Light …

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India PE in a tight spot

By Malini Hariharan

It is not just China where polyethylene (PE) producers face problems.

Indian producers have been struggling to place volumes as huge imports during the last couple of months have saturated the domestic market.

PE import volumes were …

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December Polyolefin Price Rises Flounder

“I am so happy to be supporting polyethylene film pricing”….

Source of picture: Canada-China Agriculture and Food Development Exchange

 

By John Richardson

IT looks as if attempts by polyolefin producers to raise prices for December deliveries have, as we …

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A dose of caution

By Malini Hariharan

Predictions about a steady recovery in petrochemical margins from financial analysts have multiplied in recent weeks and producers too have turned bullish with many expecting to sail through 2011 without any major difficulties.

But in the midst …

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