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US Petchems Overconfident On Shale Gas

By John Richardson

THE soaring confidence of the US petrochemicals industry over abundant ethane feedstock from shale gas could end up being colossally misplaced, as we have discussed before on the blog.

America is the most NIMBY (not in my …

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Broad Commodities Sell-off Beckons

By John Richardson

THE blog remains extremely worried that there is about to be a major sell-off of commodities in general, including petrochemicals, as conditions right now feel very similar to those in 2008.

Whether we will face a systemic …

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Huntsman to scale up India capacities

By Malini Hariharan

US chemical producer Huntsman plans to rapidly expand capacities and sales in India, a country that has caught the attention of global majors.

The blog caught up with the company’s President and CEO Peter Huntsman in Mumbai …

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One more US expansion

By Malini Hariharan

The shale gas based ethane rush in the US continues with Westlake Chemical the latest to announce big expansions at its two crackers in Lake Charles, Louisiana.

Each of Westlake’s two light feedstock crackers will be expanded …

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Chemicals And The Removal Of The Punch Bowl

By John Richardson

LUNCH with a chemicals analyst yesterday, during the blog’s latest trip to Singapore, gave an intriguing glimpse into the world of those who invest in the chemicals industry.

“The Morgan Stanely “Supercycle” report (which the blog wrote …

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Growing in confidence

By Malini Hariharan

After sorting out their merger, PTT Chem and PTT Aromatics and Refining (PTTAR) are looking at a major new investment to take care of their future.

In an interview with the blog’s colleague Tahir Ikram, PTT Chem’s …

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Growing Uncertainties Cloud Chemicals Outlook

By John Richardson

THE global growth outlook grows ever murkier as a result of credit tightening in China (or is the problem instead continued strong growth in lending?), inflation problems throughout Asia, possible monetary tightening in the West, the direction …

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Was NPRA Off The Mark On China?

By John Richardson

I HAVE been speaking to my colleagues who attended this week’s NPRA conference in San Antonio, Texas, and it didn’t appear from discussions during the event that a potential slowdown in China was high on anyone’s radar …

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NPRA highlights: Chevron Philips, Nova, Sabic and MEG

By Malini Hariharan

The blog has been reading some more interesting reports filed by ICIS colleagues from the International Petrochemical Conference at San Antonio, US. The conference, hosted by the National Petrochemical and Refiners Association (NPRA) concluded yesterday.

* Chevron …

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China Quiet Market Persists

By John Richardson

LACK of credit and inflation are becoming even greater problems in China, which is reflected in polyolefin markets that remain very quiet indeed.

“It is ice cold out there with very little activity. Importers are waiting and …

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