Ethylene Margin Feast On Borrowed Time

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By John Richardson

A remarkable feature of early 2010 has been the tremendous margins enjoyed by Asian ethylene producers.

Profitability in February, up until the end of the second week, had been the strongest since 2001, according to my colleagues …

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Asian Aromatics Crawl Towards Post-Chinese New Year

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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

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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 to investigate PP imports from Korea, Taiwan and the US

By Malini Hariharan

India will soon initiate an anti-dumping investigation into polypropylene (PP) imports from South Korea, Taiwan and the US. This follows an application made by Indian PP producers last year.

A couple of market sources have forwarded the …

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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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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 …

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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?…..

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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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