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Total Petrochemicals Makes Big MTO Progress

A Chinese coalminer

 

Source: www.guardian.co.uk

 

Over the next week, as well as keeping track of more immediat events, we will be reviewing and analysing what was said in and around last week’s Asia Petrochemical Industry Conference (APIC) in Mumbai.…

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APIC Confidence A Dangerous Thing?

Mumbai at night

 

Source of picture: travelygan.wordpress.com

 

 

By John Richardson in Mumbai

POLYOLEFINS will not see a margin collapse this year due to persistently strong demand growth and continued problems with new-capacity start-ups, said numerous industry sources …

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Qatar eyes cracker capacity hike and propane cracking

By Malini Hariharan

Ras Laffan Olefins Co (RLOC) is studying an expansion of its new cracker by using propane as a feedstock.

At a recent news conference, Mohammed Yousef Al Mulla, general manager of Qatofin, the Qatar Petroleum-Total joint venture …

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All mixed up in the West

By Malini Hariharan

The blog has been writing about the softening in olefin and polyolefin prices in the US. But the European market presents an interesting contrast offering arbitrage opportunities for those willing to take the risk.

Operating rate reductions …

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China: Yet More Record Imports

By John Richardson

The extraordinary China import story continues, raising yet more questions about where all these volumes are going at a time when the government is trying to cool the economy down.

Does this mean that speculation continues apace …

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US Olefins Price Falls Could Be Turning Point

Flagging-up the dangers…

Source of picture: http://www.illusionsofdander.com/2007/08/car-dealerships-and-flag-companies-may.html

 

By John Richardson

THE recent 22% and 18% falls in US spot ethylene and propylene prices might be a sign that this yeat’s price rallies have been more the result of stronger crude and petrochemicals re-stocking …

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Tide is turning

By Malini Hariharan

After seeing very strong pricing for the last few months US propylene and polypropylene (PP) buyers have started talking of imminent correction.

PP buyers expect a 7-10cent/lb ($154-200/tonne) drop in May prices, reports ICIS news.

The prediction …

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Chinaplas: Optimism, consolidation, new plant start-ups and more

By Malini Hariharan

Chinaplas has just concluded and my colleagues have filed some great reports from Shanghai.

Worries about a margin squeeze in the second half of the year persist but polymer producers seem to be increasingly confident about long-term …

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Aramco-Dow project to be scaled down?

By Malini Hariharan

If you are moving a project to a new location then why not take some time to re-examine its configuration?

That appears to be the thinking at Saudi Aramco and Dow Chemical for their proposed cracker and …

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Reliance eyes 2014 start for Jamnagar cracker

By Malini Hariharan

Reliance Industries is moving ahead with its Jamnagar cracker project and is looking at completing it in 2014, reports ICIS news.

Preliminary activity on the project, which was put on hold after the 2008 economic crisis, has …

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