Archive | Japan RSS feed for this section

tokyo7.jpg

Japan More Competitive Than You Might Think

 Tokyo at nightSource of picture: liveworldtours.com

 

 

 

By Malini Hariharan

it is easy to write off the Japanese petrochemicals industry which has for long struggled to find a solution to the dual pressure of rising global competition and …

Continue Reading
Asss.jpg

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 …

Continue Reading
lpg.jpg

Long-term Shift In LPG Cracking Economics

 

Source of picture: the truth about cars

 

By John Richardson

WHEN my fellow blogger Malini Hariharan once asked a particularly unhelpful individual who used to track polyethylene (PE) markets what was going on, his only response was “conditions are volatile”.…

Continue Reading
resting-bull.jpg

Fingers Crossed For No Double-Dip Recession

 

 

The Risk Of Exhausted Optimism

Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/

 

By John Richardson

Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with …

Continue Reading
petrorabigh.jpg

It helps to have the right partner

By Malini Hariharan

And Sumitomo Chemical has discovered this.

The company recently said that PetroRabigh, its joint venture with Saudi Aramco in Saudi Arabia, has managed to secure fresh ethane allocation of 30m scf of ethane for a second phase …

Continue Reading
tiger.jpg

Optimism as China returns

By Malini Hariharan

The China market appears to have started the year of the tiger on a strong note. We are not yet hearing a roar but at least it is not a whimper.

Pic source: Xinhua

A polyolefin market …

Continue Reading

Is China Targeting Polyolefin Re-export Market?

By John Richardson

MORE evidence that China will not remain as easy a sink for surplus polyolefin volumes – especially in the case of the higher-cost importers – is emerging.

“There are plans to open a bonded warehouse in Guangdong province …

Continue Reading
PVCCapacityadditions2.jpg

China PVC Capacity Binge Clobbers Northeast Asia

By John Richardson

CHINA’S capacity expansions in industries including steel, aluminium and petrochemicals continue to astound.

Take polyvinyl chloride (PVC) for example., where, according to a new report by ChemSystems, “capacity (in China) has expanded from 5m tonne/year in 2003 …

Continue Reading

Map Ta Phut work stops but no clarity on when crisis will be resolved.

By Malini Hariharan

Companies executing projects at Map Ta Phut in Thailand have finally received a notice from the government to stop construction work. The notice comes after the Thai Supreme court’s ruling in early December to suspend 65 projects …

Continue Reading
mitsubishi1.jpg

More action needed at Mitsubishi Chem

By Malini Hariharan

Japan’s largest chemical company Mitsubishi Chemical Holdings has been actively restructuring this year but more needs to be done to complete its transformation.

High on the list is reorganization of its cracker operations at Mizushima. Mitsubishi and …

Continue Reading