Formosa awaits approval for big expansions in China

By Malini Hariharan

In a research note released today, UBS has highlighted plans by Formosa Chemical and Fibres (FCFC) for major expansions at Ningbo, China.

The Taiwanese petrochemicals major is in the process of getting Chinese government approval for a …

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China Polyolefins – A Bad Case Of Indigestion

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By John Richardson

IT IS always dangerous to assume that the future will be exactly the same as the past – a big lesson from the recent financial crisis.

But so seems to have been the assumption amongst China’s polyolefin …

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A view from the West

By Malini Hariharan

The Asian olefin and polyolefin markets have softened in recent weeks but the US market remains on a different track, as seen in these reports filed by my colleagues on ICIS news.

Ethylene prices are still firm …

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Aramco Confirms Ras Tanura Location Review

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Here’s a post from a guest blogger, my good colleague Prema Viswanathan – Deputy Managing Editor of ICIS pricing in Asia.

Ras Tanura and Al-Jubail

Source of picture: www.absoluteastastronomy.com

 

By Prema Viswanathan

A Saudi Aramco official has confirmed a …

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Dealing With The Middle East Logistics Challenge

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Singapore’s container port

 

 

Source of picture: www.gcaptain.com

By Malini Hariharan and John Richardson

A big challenge facing many companies that have built large polymer plants that are located far from key markets is how to move product most efficiently.…

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Bright Future Predicted for Saudi Private Cos

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           Riyadh

Source of picture: help.berberber.com

 

By John Richardson

PRIVATE Saudi Arabian petrochemical companies need not fret about the ethane-gas shortage that two sources had last week told us would hold up their development, according a third industry source we …

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Polymer trading – a great investment opportunity?

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By Malini Hariharan

I recently met a businessman at a dinner party. After exchanging the usual greetings he eagerly disclosed his plans for a new business venture – trading in polymers.

“There will be three of us in this business; …

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Europe Faces More Middle East Pressure

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A high chance of more showers

Source of picture: www.stuff.co.zn

 

By John Richardson

A closer look at last year’s polyolefin trade flows illustrates just how vulnerable European producers will be over the next few years to rising pressure from …

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No More Gas For Saudi Private Cos – Industry Source

Ras Tanura in Saudi – private companies bunkered by feedstock shortage?

By John Richardson

The gas feedstock shortages in Saudi Arabia – which we have commented on before – are such that no private company will receive any allocations in …

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China Polyolefin Buyers Smell Blood……

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…..but time to party for some thanks to re-exports to Brazil

Source of picture: edgsgonesouth.com

 

By John Richardson

It’s a funny old world – or so it seems in poylolefins at the moment as traders re-export resin from China …

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