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BMS Plans New Asia Polycarbonate

 

By John Richardson

Bayer Material Science (BMS) has announced plans for a new polycarbonate ((PC) plant in Asia in another sign of confidence that the chemicals industry, despite major macro-economic threats, is continuing to benefit from the continent’s soaring …

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Shale Gas Confronts BP Oil Disaster Threat

Deepwater disaster expected to impact shale gas 

Source of picture: Minnpost.com

 

 

By John Richardson

THE booming shale-gas industry could either benefit or suffer from the BP Gulf of Mexico oil-well disaster, with the end-result determined by the effect …

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Being Miserable As A Profession

Never look on the bright side of life…

Source of picture: thescratchingshed.com

By John Richardson – fresh back from a long break in Europe (more on this later).

“If you keep predicting a catastrophe, John, you will eventually be proved …

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Crisis of confidence

By Malini Hariharan

Asian polyolefins (PO) producers are seeing no signs of an immediate recovery in demand and pricing as buyers in the key China market continue to remain on the sidelines.

There are just too many negative factors, says …

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China’s rising labour costs – a blessing in disguise?

By Malini Hariharan

With so much happening in petrochemical markets the blog has not had time to comment on the ongoing turmoil in China’s labour market.

But we had noted a few months back that factories in southern China were …

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Fall in futures leads physical markets

By Malini Hariharan

The weakness in Asian petrochemical markets is continuing with buyers taking cues from developments in the crude oil and stock markets.

In polymers, despite a slight rebound in polyethylene (PE) prices late last week the buying sentiment …

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Aromatics get complicated

By Malini Hariharan

Asian aromatics markets are getting increasingly hard to read not merely because of volatile crude prices.

Demand, usually strong at this time of the year, has so far failed to materialise. The US gasoline season has started …

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China Chem Imports May Fall On Yuan Expectation

As cheap as chips 

 

Source of picture: europa.eu

 

 

By John Richardson

THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months.

Last week, Yuan …

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China flexes its muscles

By Malini Hariharan

If you are trying to find an explanation for the recent price movement in Asian polyolefin markets, a report in today’s Wall Street Journal offers some clues.

China, says the report, has been eating into some of …

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Old Assumptions Might Belatedly Change

 

Source of picture: http://www.andrewgriffithsblog.com/

 

 

By John Richardson

DOOM-MONGERS are scratching their heads as to why the global petrochemicals industry has remained in such a healthy state over the past 18 months.

Old assumptions are, as a result, …

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