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Asian Aromatics Crawl Towards Post-Chinese New Year

A roar or a whimper?

Source of picture: http://break4fun.zarke.net

 

By John Richardson

THE ASIAN aromatics market has had “both its legs chopped off below the knees, and has also had its proverbial hands broken,” said an Asian-based petrochemicals consultant …

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China Polyolefin Inventories Surge

A post-Chinese New Year dream….

Source of picture: http://www.scsa.net.au/

 

 

By John Richardson

The large amount of polyolefins delivered to China over the past few months is causing further head-scratching and anxiety among producers and traders.

One view, well …

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Map Ta Phut pressure mounts

By Malini Hariharan

PTT Chem is likely to miss its revenue growth target of 20% this year because of the Map Ta Phut crisis.

The company had set a 2010 revenue target of about Baht100bn (US$3bn), up from Baht80bn in …

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India growth story – Part 3

By Malini Hariharan

Some numbers today on Indian polyolefin and polyvinyl chloride (PVC) demand growth during April-December 2009.

The strong growth trend noticed in the early part of last year continued and belied earlier expectations of a slowdown because of …

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The Indian growth story – part 2

By Malini Hariharan

A few weeks back I had written about robust demand growth figures emerging from the Indian polymer market. I will be posting some numbers over the next few days but ahead of that I would like to …

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What’s behind the delays and operating troubles?

By Malini Hariharan

With start-up delays, commissioning issues and operating troubles becoming increasingly common across the Middle East and many parts of Asia, I have been asking industry players on what they think are the major issues that companies are …

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Dear Mr Ambani – or can I call you Mukesh?…..

 

 

Source of picture: http://www.twelveatthetop.uku.co.uk/page18.htm

 

 

…I see from this news report – – that you have denied claims of your interest in buying Liverpool Football Club.

If, perhaps, you do have any interest in buying an English …

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Liveris on the chemical cycle, Dow’s asset-light strategy and Ras Tanura

By Malini Hariharan

I have been reading a transcript of Dow Chemical’s Q4 2009 earnings call and here are some interesting comments made by Andrew Liveris, the company’s ceo.

Despite recording revenue and volume growth in 2009 Liveris was cautious …

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Corrected:Asian Naphtha-Ethylene Spreads Touch 2007 Levels

We should have originally written ‘integrated low-density polyethylene (LDPE) in paragraphsix, but instead wrote linear-low density PE (LLDPE). It’s now been corrected and apologies for the error – we will be buying some better glasses (less of this “we” – it’s actually “me”!)…

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Refinery Profit Squeeze Threat To Petchems

“Any Old Iron?”

Source of picture: http://www.investorfsbo.com/refinery.html

 

By John Richardson

A LONG-TERM shift in refinery economics is posing a major threat to petrochemical margins – along with the delayed supply crisis that’s likely to hit the industry at some …

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