Archive | Naphtha & other feedstocks RSS feed for this section

What A “Low Growth World” Really Looks Like

By John Richardson

ONLY six new  US crackers would be built over the next five years because of rising construction and labour costs, said Dow Chemical’s CEO, Andrew Liveris, in an earnings conference call last week. This would be out …

Continue Reading

European Political Suicide Seems Unlikely

By John Richardson

For once, we are not going to talking about demand but will instead focus only on supply.

“In all scenarios, the US captures market share away from Europe,” the American Chemistry Council’s (ACC) chief economist, Kevin Swift, …

Continue Reading

US To Lose Out To China In Energy Race

By John Richardson

ARE you either a “tree hugger” or a “climate science denier”? If you fall into one of these two categories, you will be one of the dwindling minority of people who support a multi-faceted approach to US …

Continue Reading

China’s Methanol Industry: Through The Looking Glass

By John Richardson

AT first glance, some of the facts relating to China’s methanol sector sound like Jabberwocky  sounded to Alice when she firs discovered the language of that name in the marvellous Lewis Carroll novel, Alice Through The Looking …

Continue Reading

China To Keep Polyolefins Imports Out

By John Richardson

THERE has been a lot of talk about how fully integrated coal-to-polyolefins plants in China will compete exceptionally well with naphtha crackers on a variable cost basis.

OK, in terms of capital costs, the whole coal-to-polyolefins chain …

Continue Reading

China Reforms: The Global Implications

By John Richardson

IT can feel logical to assume that the fundamentals of the petrochemicals business in Asia haven’t really changed.

When you think about it, apart from a brief interruption in the region’s success story during the Asian Financial …

Continue Reading

The “Why” Behind Sinopec’s Investment Freeze

By John Richardson

SINOPEC has announced that it will halt some of its new petrochemicals investments. This could involve the postponement of up to three cracker projects with a combined ethylene capacity of 2.8m tonnes/year, according to this excellent story …

Continue Reading

The “Logic” Of US Ethane Exports

By John Richardson

THE search for feedstock advantage is constant, given that some 80-90% of variable costs for any petrochemicals producer consists of the cost of acquiring raw materials.

Hence, my colleague Nigel Davis, in this excellent Insight article, writes:…

Continue Reading

The Petronas Decision And Singapore

By John Richardson

THE blog continues to ponder the significance of the Petronas announcement that it is to go ahead with its $27bn refinery-petrochemicals project – the Pengerang Integrated Complex (PIC) at Johor in Malaysia.

“It means that Singapore faces …

Continue Reading

China Turns A Corner On Shale Gas

By John Richardson

CHINA has more shale gas reserves than the US, and, like the US six years ago, confronts a dangerous reliance on imported energy.

But the development of the shale industry in China is being hampered by water …

Continue Reading