BMS Plans New Asia Polycarbonate

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By John Richardson

Bayer Material Science (BMS) has announced plans for a new polycarbonate ((PC) plant in Asia in another sign of confidence that the chemicals industry, despite major macro-economic threats, is continuing to benefit from the continent’s soaring …

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Petronas Restructuring Details Emerge

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Petronas seeks to scale new heights

Source of picture: www.mir.com

By John Richardson

MORE details have emerged concerning the major restructuring taking place at Petronas, the Malaysian state-owned oil, gas, refining and petrochemicals major.

Vice-presidents have being appointed to head …

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Shale Gas Confronts BP Oil Disaster Threat

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Deepwater disaster expected to impact shale gas 

Source of picture: Minnpost.com

 

 

By John Richardson

THE booming shale-gas industry could either benefit or suffer from the BP Gulf of Mexico oil-well disaster, with the end-result determined by the effect …

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Being Miserable As A Profession

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Never look on the bright side of life…

Source of picture: thescratchingshed.com

By John Richardson – fresh back from a long break in Europe (more on this later).

“If you keep predicting a catastrophe, John, you will eventually be proved …

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GCC gas shortage expected to last till 2015

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By Malini Hariharan

After enjoying years of plentiful supplies the Gulf Cooperation Council (GCC) countries face a gas shortage that could last another five years, says consultancy Booz & Co.

And this is happening at a time when other countries …

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PTT merger delayed yet again and Map Ta Phut tops new minister’s agenda

By Malini Hariharan

A merger of PTT Aromatics and Refinery (PTTAR) and IRPC has once again been postponed to early next year due to concerns about legal issues and the business outlook, reports to Bangkok Post.

The legal concerns relate …

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Crisis of confidence

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By Malini Hariharan

Asian polyolefins (PO) producers are seeing no signs of an immediate recovery in demand and pricing as buyers in the key China market continue to remain on the sidelines.

There are just too many negative factors, says …

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Plans for one more cracker at Jubail

By Malini Hariharan

A few weeks back the blog had reported that Total was interested in producing more petrochemicals downstream of its refinery joint venture with Saudi Aramco at Al Jubail in Saudi Arabia.

And yesterday, Michel Govaerts, general manager …

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China’s rising labour costs – a blessing in disguise?

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By Malini Hariharan

With so much happening in petrochemical markets the blog has not had time to comment on the ongoing turmoil in China’s labour market.

But we had noted a few months back that factories in southern China were …

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Fall in futures leads physical markets

By Malini Hariharan

The weakness in Asian petrochemical markets is continuing with buyers taking cues from developments in the crude oil and stock markets.

In polymers, despite a slight rebound in polyethylene (PE) prices late last week the buying sentiment …

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