Saudi Petchems Blighted By Logistics

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By John Richardson

ONE of the many factors behind petrochemicals supply being less than expected during 2010 has been logistics problems in Saudi Arabia.

One trader we spoke to on the sidelines of last month’s Gulf Petrochemicals and Chemicals Association …

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What’s next for PetroChina and Ineos?

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By Malini Hariharan

After months of talks, PetroChina finally signed a framework agreement with Ineos for partnerships in refining, trading and petrochemicals at Grangemouth in Scotland and Lavera in France. The companies will be working towards the formation of these …

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NEW EO-Derivative Investments Planned For Singapore

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Source of picture: chemindustry.org.sg

 

 

By John Richardson

NEW plants could be built in Singapore downstream of Shell Chemicals plans for optimising high-purity ethylene oxide (EO) production in the city state, the blog was told recently …

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Gaping Chasm Between Effective, Real Op Rates

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By John Richardson

A gaping chasm has opened up over the past 18 months between nameplate capacities and effective operating rates, resulting in much greater focus on the latter.

It isn’t easy and it is getting ever-more complicated to assess …

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Dalian offers hope …but naphtha continues to climb

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By Malini Hariharan

The good news for polyolefin producers is that prices in China are inching up supported by an upward movement in the key linear low-density polyethylene (lldPE) futures contract on the Dalian Commodity Exchange (DCE).

The arbitrage window …

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Are you feeling the pinch?

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By Malini Hariharan

With crude oil at around $88/bbl and naphtha hitting $890/tonne cfr Japan on Monday, the pressure is building up along the olefins chain.

Ethylene is trading at around $1200/tonne cfr NEA while propylene is at $1280/tonne cfr …

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Methanol: China key to upbeat forecasts

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By Malini Hariharan

When it comes to methanol its all about China. Producers are expecting another strong year if Chinese demand remains robust.

China’s appetite kept Asian spot prices in the $200-410/tonne range last year and the expectation is for …

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Strong predictions for fibre intermediates

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By Malini Hariharan

The blog is back in action and would like to wish its readers the very best for 2011.

The start of a new year is a time for forecasts. And ICIS pricing editors have been busy gauging …

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Overconfidence The Bisk Risk For 2011

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By John Richardson

OVERCONFIDENCE is perhaps the biggest risk for 2011 as a result of sales volumes that have this year exceeded even the most wildly optimistic forecasts.

The danger is that we have yet to see the worst …

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US Shale Gas: The Truth Versus Perception

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Source of picture: alfin2100blogspot.com

 

By John Richardson

SINCE when has the truth mattered in the battle between environmentalists and the oil, gas and chemicals industries?

This is a game of perception on both sides as estimates of risk are …

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