Coal chemicals wave sweeps China

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By Malini Hariharan

A few months back the blog had expressed sceptism on a Chinese company’s plans for a methanol-to-olefins (MTO) project based on imported methanol. The economics of such projects appear doubtful but many Chinese companies are looking to …

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Saudi Oil And Gas Supply – Anyone’s Guess

 

 

By John Richardson

 

SAUDI Arabia’s crude-oil reserves may have been overstated by as much as 40% or 300bn barrels, according to this article on February 8 in the Guardian, based on cables between Saudi and US diplomats …

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Accident spurs US ethylene; Asia holds steady

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By Malini Hariharan

Spot ethylene prices in the US have moved up following a fire at Enterprise Products natural gas liquids (NGL) complex at Mont Belvieu, Texas, on 8th February.

The complex is said to be among the world’s largest …

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The China Intellectual Property Right Dilemma

By John Richardson

INTELLECTUAL property right protection has long been a nightmare in China thanks to the ability of government research institutions to rapidly and very effectively copy technologies. Blueprints for these technologies have to be handed over to local …

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What an excellent boss

By John Richardson

VERY occasionally the blog deviates from its close coverage of petrochemical markets to focus on broader business issues. Today is one such occasion after a discussion with a manager of a major Asian chemicals trading operation.

The …

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Intuitively The Problems Are Building

By John Richardson

THE signs are ominous as they have been since the beginning of the crisis.

Intuitively, it still feels as if we are heading for some major macroeconomic problems. As Andrew Liveris, CEO of Dow Chemical, put it …

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Polyolefin numbers – Part 2

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By Malini Hariharan

Its not just China and India that have posted healthy demand numbers for last year.

Vietnam maintained double-digit growth in polyethylene (PE) and polypropylene (PP) last year, driven mainly by the local food packaging sector, reports ICIS …

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Saudi Ethane Prices Set To Rise To $2/mBTU

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Source of picture: robertsamsterdam

 

By John Richardson

IT will only be a question of making a large rather than a huge amount of money if you only take into account the relatively minor increases being forecast for Saudi …

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Polyolefin numbers look good

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By Malini Hariharan

Pic source: www.brandft.co.uk

The blog is in undertaking the difficult task of collecting demand numbers for polyolefins across major Asian markets. Preliminary estimates show that demand growth has been quite healthy in the two major markets – …

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How Can This Year Not Be A Let Down?

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Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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