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Intuitively The Problems Are Building

By John Richardson

THE signs are ominous as they have been since the beginning of the crisis.

Intuitively, it still feels as if we are heading for some major macroeconomic problems. As Andrew Liveris, CEO of Dow Chemical, put it …

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Polyolefin numbers – Part 2

By Malini Hariharan

Its not just China and India that have posted healthy demand numbers for last year.

Vietnam maintained double-digit growth in polyethylene (PE) and polypropylene (PP) last year, driven mainly by the local food packaging sector, reports ICIS …

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Saudi Ethane Prices Set To Rise To $2/mBTU

 

Source of picture: robertsamsterdam

 

By John Richardson

IT will only be a question of making a large rather than a huge amount of money if you only take into account the relatively minor increases being forecast for Saudi …

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Polyolefin numbers look good

By Malini Hariharan

Pic source: www.brandft.co.uk

The blog is in undertaking the difficult task of collecting demand numbers for polyolefins across major Asian markets. Preliminary estimates show that demand growth has been quite healthy in the two major markets – …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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Looking West for support

By Malini Hariharan

As Asian markets head towards a quiet week, producers are probably hoping that developments in other regions will support their efforts to raise prices once trading resumes after the Chinese New Year holidays in the first week …

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A Toxic Combination: Sentiment And Oil Prices

By John Richardson

Yesterday we suggested that demographic challenges in the West, the strain on resources resulting from rising consumption in emerging markets and rising inflation should heavily feature in discussions at this week’s World Economic Forum in Davos.

Chemical …

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Edgy And Nervous CEOs In Deep Contemplation

Davos 2011 

Source of picture: eacci.net

 

 

By John Richardson

THE edginess and nervousness of Asian polyolefin markets we talked about last week is likely to be part of the mindset of any chemicals company CEO right now.

As …

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Petronas gets busy

By Malini Hariharan

How many projects is Petronas Chemical planning?

Last week the blog had covered an ICIS news report which referred to a study on 1m tonnes/year ethane cracker and derivative units at Kerteh.

Now a report from UBS …

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India’s OPaL inches forward

By Malini Hariharan

Regular readers of the blog will remember a November post that had highlighted delays at ONGC Petro-Additions Ltd’s (OPaL) 1.1m tonnes/year cracker project at Dahej on the west coast of India.

This time there is some progress …

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