Archive | Business RSS feed for this section

Misplaced Euphoria Threatens Industry

By John Richardson

THE euphoria sweeping through the US petrochemicals industry seems to indicate strong support for the “supercycle” theory.

Some of the comments made during the first-quarter results season certainly point that way, as does the upbeat mood of …

Continue Reading
untitled.bmp

Boom, Gloom and the New Normal

 

The blog is delighted to announce the title of its new eBook, jointly authored with fellow blogger, Paul Hodges.

It explains how Western BabyBoomers are changing chemical demand patterns, again. We believe it will become vital reading for all …

Continue Reading

Metallocene action from Chinaplas

By Malini Hariharan

The fight for the metallocene market is heating up with South Korean producers increasingly looking at getting a share of this attractive market.

SK Corp confirmed plans to build a new metallocene linear-low density polyethylene (MLLDPE) plant …

Continue Reading

PTA Set To Suffer in 2011-14

By John Richardson

THE last 18 months has been stellar for the polyester chain thanks to tight supply upstream in paraxylene (PX) and purified terephthalic acid (PTA), record-high cotton prices and a booming economy in China.

But all good times must …

Continue Reading

China Power Woes Hit Chem Output

By Malini Hariharan and John Richardson

The power crisis in China, highlighted in this post last month and yesterday, has worsened and is likely to affect economic output in the second quarter.

More than 10 provinces, including Zhejiang, Hunan, Anhui, …

Continue Reading

Supply Constraints Should Mean A Healthy China

By John Richardson

THE extent of the weakness in China ‘s polyolefins market has become more apparent as a result of reports that a much-anticipated increase in Middle East production hasn’t happened.

Back in February, oil production in Saudi Arabia …

Continue Reading

Middle East Petchem Producers Feel China Slowdown

By John Richardson

MORE evidence has emerged of a slowdown in demand for polyolefins in China following the sharp decline in March imports.

The Middle East is now feeling the pinch as a result of the impact of inflation and the reduced availability of …

Continue Reading

Tough times start for India polyolefins

By Malini Hariharan

Tension is building up in the Indian polyolefin market with buying activity slowing down in recent weeks.

“The market is really dull; trading activity is very flat and end-users are taking minimum quantities. We are worried that …

Continue Reading

Petronas set to unveil new refinery and petchem venture

By Malini Hariharan

Malaysia’s Petronas is expected to soon announce plans for a new refinery and petrochemical complex Pengerang, Johor, a project that the blog had discussed a few months back.

A report in the Malaysian newspaper Star says the …

Continue Reading

The False Promise Of US Petrochemicals?

By John Richardson

THE remarkable shift in the competitive landscape of petrochemicals resulting from shale gas was highlighted yesterday in an excellent post by our fellow blogger, Paul Hodges.

Drawing on data from the NPRA, with analysis from the ICIS data …

Continue Reading