Chinaplas: Optimism, consolidation, new plant start-ups and more

By Malini Hariharan

Chinaplas has just concluded and my colleagues have filed some great reports from Shanghai.

Worries about a margin squeeze in the second half of the year persist but polymer producers seem to be increasingly confident about long-term …

Continue Reading

Aramco-Dow project to be scaled down?

jubail-2-stage-4.jpg

By Malini Hariharan

If you are moving a project to a new location then why not take some time to re-examine its configuration?

That appears to be the thinking at Saudi Aramco and Dow Chemical for their proposed cracker and …

Continue Reading

Reliance eyes 2014 start for Jamnagar cracker

yourfile.jpgfilename=yourfile.jpg

By Malini Hariharan

Reliance Industries is moving ahead with its Jamnagar cracker project and is looking at completing it in 2014, reports ICIS news.

Preliminary activity on the project, which was put on hold after the 2008 economic crisis, has …

Continue Reading

Indonesia is back on the projects scene

By Malini Hariharan

After a decade of inactivity since the Asian financial crisis, Indonesia is once again drawing attention. Two news reports indicate that companies are evaluating major investments in refining and petrochemicals.

Taiwan’s Chinese Petroleum Corp (CPC) is said …

Continue Reading

Good Chance Of Polyolefin Trough Delay

By John Richardson

THE betting remains on trough conditions arriving for polyolefins at some point later this year with new supply expected to begin to severely lengthen markets towards the end of Q2.

A temporary buying strike in China that …

Continue Reading

Co-Monomer Shortage Provides LLDPE Respite

Polymers_market_dynamics_Dubai_Mar_10_day_2_Taffe.jpg

By John Richardson

AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010.

But …

Continue Reading

China’s GDP Growth Out Of Official Comfort Zone

By John Richardson

China’s first-quarter GDP (gross domestic product) growth of 11.9% – the number released yesterday by the National Bureau of Statistics – is way above the 9.5% that the chairman of a major local bank has reportedly said …

Continue Reading

Yantai Wanhua looks to jump to the top

15228846_2008121011280819514200.jpg

By Malini Hariharan

While looking at China it is easy to get distracted by the activities of the majors – Sinopec and PetroChina. But there is a strong second tier that is steadily becoming more visible.

Yantai Wanhua, a major …

Continue Reading

China Polyolefins Growth Forecast To Slump

FutureTrendsLondonApril2010JR.gif

Follow us on Twitter

By John Richardson

CHINA’s polyethylene (PE) and polypropylene (PP) demand growth is set for a dramatic decline in 2010-12, according to the latest estimates from Shanghai-based commodities information service CBI (see table at the end of …

Continue Reading

Follow Your ACC Blog On Twitter

twitter-bird-wallpaper.gif

 

Source of picture: www.hongkiat.com/blog/twitter-wa…ue-bird/

Dear Reader

You can now follow all our entries on the Asian Chemicals Connection Twitter and pick up valuable content from our Twitter community.

Best RegardsJohn Richardson and Malini Hariharan …

Continue Reading