US Cooks The Golden Goose

By John Richardson

THE blog would sincerely like to find evidence that it has been wrong and report a strong, sustainable recovery in China’s polyethylene (PE) market.

Alas, however, the rise in pricing of around $100/tonne over the last four …

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It All Depends On Your Time Frame

By John Richardson

HOW long a recovery lasts is always relative to your investment horizons.

For example, if you are a day trader in the Dalian Commodity Exchange’s futures contract in linear low-density polyethylene (LLDPE), a rebound might only need …

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Honam’s next expansion

By Malini Hariharan

Honam Petrochemical’s plans for Indonesia appear to be progressing.

Company sources told ICIS news yesterday that a feasibility study is underway for a $4-5bn petrochemical complex in Southeast Asia with Indonesia the most likely location. The study …

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Methanol moves

By Malini Hariharan

Recent moves by methanol majors to boost their capacities have caught the blog’s attention.

Sabic’s chief financial officer Mutlaq al-Morished disclosed at a press conference yesterday in Dubai that the company is in talks for a methanol …

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Quick recovery forecast for South Korea

By Malini Hariharan

Analysts are predicting a quick recovery for South Korean petrochemical companies after a dismal performance in the last quarter.

Honam Petrochemical’s Q4 2011 sales were down 14.7% quarter on quarter at Won3,488 bn. Operating profit declined 59.8% …

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India polymer exports to Pakistan set to rise

By Malini Hariharan

After years of waiting truck movement of petrochemicals from India to Pakistan has started paving the way for Indian companies to boost their exports.

Indian Oil Corp (IOC), which regularly exports polyethylene (PE) and polypropylene (PP) by …

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India demand slides for PVC and PS

By Malini Hariharan

The last year has been rough for Indian polyvinyl chloride (PVC) and polystyrene (PS) producers with demand for their products showing almost no growth.

PVC consumption is likely to increase by only 1-2% year on year in …

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“Known Unknowns” And China

By John Richardson

IF the blog had a dollar for every time we had read reports about Chinese growth being constantly buoyed by rising domestic income levels and increasing urbanisation, we would probably be as rich as a mid-level executive …

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Petchems And The Non-Profit Motive

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By John Richardson

AS the US contemplates raising its ethylene capacity by up to 29 percent by 2017, we would be fascinated to know whether the companies involved in these proposed expansions, and the “cheer leader” chemical industry observers spurring …

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An All Mighty Dalian Muddle

Dalianslide

By John Richardson

UNDERSTANDING the Dalian Commodity Exchange’s futures contract in RMB-priced linear low-density polyethylene ((LLDPE) requires an understanding of what the traders are up to at any particular point in time, as this is almost entirely a speculators’ market.

So, …

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