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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Asian Polyolefin Trade Slows on Free-Trade Muddle

By John Richardson

Polyolefin shipments have been held up in ports by lack of awareness among customs officers at some ports in Southeast Asia over how to implement new free-trade deals, an industry source told us.

It seems highly likely …

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Douple-dip Appears To Have Begun

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By John Richardson

The start of the next dip in what this blog has long thought would be a double-dip economic crisis looks as if it could have begun.

If not now, it’s going to happen at some point because …

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Benzene: What Lies Beneath

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A Ring of Truth?

Source of picture: http://web.pdx.edu/~nathanh/benzene/benzene2.gif

 

By John Richardson

TUMBLING Asian benzene prices are being blamed on weaker crude, itself a reflection of macro-economic worries over higher-than-expected US jobless figures, government debt problems in the Euro zone and …

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

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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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The Dangers Of A Three-Year-Old’s Attention Span

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“Hello everybody – welcome to the island of Sodor. Time to flip your positions’

Source of picture: www.dragoart.com

By John Richardson

MY three-year-old son has, quite rightly, an incredibly short attention span. A child of that age should be overwhelmed …

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Braskem makes its first US move; acquires Sunoco PP assets

By Malini Hariharan

Less then a week after the blog had highlighted Braskem’s plans for global growth through acquisitions the company has announced that it will buy the polypropylene (PP) assets of US-based Sunoco.

The $350m deal, still subject to …

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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

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“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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