US shale gas and petchems

By Malini Hariharan

The blog would like to share an interesting analysis in the latest issue of ICIS Chemical Business on the impact of US shale gas on petrochemical producers in the region.

Profitability has of course improved as seen …

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Japan Disaster – Update On Lost Production

By John Richardson and Nigel Davis

THE humanitarian side of this disaster is foremost in everyone’s minds with more than 18,000 people now estimated to have died in the Japanese earthquake and tsunami.

Of equal concern is the crisis at …

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PX/PTA prices spike as supply dries up

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By Malini Hariharan

The paraxylene (PX)-purified terephthalic acid (PTA) market appears to be bearing the brunt of the Japanese earthquake and tsunami. Spot supplies of PX have dried up following the shutdown of three Japanese plants with a total capacity …

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European Petchems & Future Competitiveness

By John Richardson

Dear Reader

We hope and pray that the nuclear crisis in Japan will be resolved and that the rebuilding process following the earthquake and tsunami can be begin.

My colleagues at ICIS news are doing a comprehensive …

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Japan Disaster – Plants update

By Malini Hariharan

More companies are reporting damages to facilities after last week’s earthquake and tsunami.

Mitsubishi Chemical said in a statement that berths, roads and infrastructure around the plant area at its Kashima site have been damaged and delivery …

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Japan Disaster – Lost Production Update

By Nigel Davis

For some, life goes on. For others, everything is lost.

An email to the BBC on Tuesday from a resident in Mie, Japan, 350 miles from the stricken nuclear power plants on the east coast of the …

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Japan Disaster 4 – The Impact On Paraxylene

By John Richardson

ASIAN paraxylene (PX) and styrene markets look set to be the most affected by the loss of Japanese exports as the slide below from Bob Townsend at the UK-based consultancy, International eChem (Iec) illustrates. 

Japanese Exports.ppt

My …

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Japan Disaster – Some petchem plants shut; markets stable

By Malini Hariharan

News is slowly trickling in on the status of Japanese petrochemical plants. Only four of the country’s 14 crackers have shut down while a few are running at reduced rates, reports ICIS news.

JX Nippon Oil & …

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Japan Disaster 2 – Refining, Petchems Update

By John Richardson

OUR sympathies again go to the people of Japan. The main focus should be on providing as much support as possible to the rescue efforts and let’s hope that petrochemical companies globally step forward.

But as we …

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Japan Disaster: Immediate Petchem, Refining Impact

By John Richardson

THE earthquake and tsunami that hit Japan on Friday afternoon is still hard to take in. We send our sympathy to everyone connected with this disaster and just hope and pray that the rescue efforts go exceptionally …

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