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Ethylene Freight Rates Head For Collapse

“If I didn’t care what happens to you….”

Source of picture: www.sydbarrett.com

 

By John Richardson

AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the …

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Saudi Kayan commercial production delayed to end-2011?

By Malini Hariharan

Sabic’s Saudi Kayan appears to be heading down the same road as other recent Saudi petrochemical projects.

After starting up a 1m tonnes/year cracker and a mono ethylene glycol (MEG) facility, a local media report states that …

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Saudi Arabia: The Implications Of Going Downstream

An example of how Lexan solar control IR sheets (made by SABIC Innovative Plastics) can be put to use

Source of picture: SABIC

 

By John Richardson

SAUDI ARABIA is busy reshaping its petrochemical industry to reflect a drastic shift …

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China, Russia To Boost Iranian Ethylene Trade?

Iran’s South Pars gas field

Source of picture: www.petropars.com

 

By John Richardson

THE ability of Iran to further exploit its huge natural gas reserves – and in so doing maintain ethylene exports at constant levels throughout the year – …

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European Polyolefins: The Luxury of Unintended Consequences

Another excuse for a Dylan picture – ref “Shelter From The Storm”

Source of picture: www.israbox.com

By John Richardson

WEST EUROPEAN polyolefin markets remain tight thanks to the lingering effects of lack of spending on maintenance, several market sources have …

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Typhoon triggers shutdowns in Taiwan

By Malini Hariharan

More news of plant shutdowns emerged today with Chinese Petroleum Corp (CPC) forced to stop production at its 500,000 tonnes/year No 5 cracker in Kaohsiung, Taiwan, after typhoon Fanapi resulted in extensive flooding.

Operations were suspended to …

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Saudi ethane price revision to be delayed?

By Malini Hariharan

The much talked about revision in Saudi ethane prices may not take place in 2012. In a recent report on the Middle East petrochemical sector analysts from Nomura expected the current price of $0.75/mmbtu to continue until …

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Asian Ethylene Market Uncertainty Continues

By John Richardson

THE outlook for ethylene spot market availability remains muddled as a few weeks ago due to higher freight rates and uncertainties surrounding Middle East natural-gas feedstock supply.

Freight rates for all Middle East, Asia and West Mediterranean …

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Saudi Private Petchem Cos To Consolidate

A-Jubail in Saudi Arabia

Source of picture: www.chemicals-technology.com

 

By John Richardson

SOME of the privately-owned Saudi Arabian petrochemical producers could well be forced to consolidate as a result of lack of feedstock for expansions, an industry source told the …

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PO demand slows, will prices slide?

By Malini Hariharan

After a fairly steady climb Asian polyolefin markets have hit the pause button.

Demand for polyethylene (PE) and polypropylene (PP) in China and Southeast Asia has weakened but this development has so far been balanced out by …

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