Reliance decision on LyondellBasell after court hearing

By Malini Hariharan

Yesterday’s media report about Reliance Industries on the verge of taking a final decision on LyondellBasell appears to have been a little premature. My sources say that a decision will be made only after the US bankruptcy …

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Will Reliance decide today on LyondellBasell?

By Malini Hariharan

Reliance Industries will take a call today on submitting a final bid for LyondellBasell, says this report from CNBC TV18.

The report, quoting unnamed sources, adds that Reliance may be having second thoughts about the acquisition. Key …

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More action needed at Mitsubishi Chem

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By Malini Hariharan

Japan’s largest chemical company Mitsubishi Chemical Holdings has been actively restructuring this year but more needs to be done to complete its transformation.

High on the list is reorganization of its cracker operations at Mizushima. Mitsubishi and …

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Shell would like to build two MEG plants in Qatar

 

By John Richardson

An ethane shortage is slowing Shell Chemicals’ ambitions for building at least one cracker complex in Qatar, Ben van Beurden, executive vice-president of the company said last week.

“Ideally, we’d like to build two crackers and …

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Crude, Equities & Polyolefin Pricing

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This is a huge subject, one that this blog will need to keep revisiting – and if you tell us we’ve got it wrong, we’ll always listen and respond.

For what it’s worth, the article below might give you some …

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Reliance moving fast on LyondellBasell bid

By Malini Hariharan

Reliance Industries’ bid to acquire LyondellBasell is progressing quite rapidly. I am told that a team of top executives from the company is in the US holding discussions with LyondellBasell.

And according to this report in the …

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Has Shell Made The Right Choices on MEG?

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Looking pretty – the new Shell plant at night:

Sourceof picture: Shell Chemicals

 

By John Richardson

WHEN Shell Chemicals officially opened its OMEGA process 750,000 tonne/year monoethylene glycol (MEG) plant in Singapore today, it mentioned how its global production …

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China’s Growth In 2010: Two Theories

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More buying of junk in H1 next year that nobody really needs?

Source: www.blogcleveland.com

 

 

By John Richardson

TWO theories about growth in China next year revolve around either an appreciation or devaluation of the Yuan.

The appreciation theory …

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China takes care of 2010

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By Malini Hariharan

After sorting out 2009 with a huge stimulus package the Chinese government is busy ensuring that there will be no slowdown next year.

A number of measures have been announced to sustain growth in the domestic market. …

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Map Ta Phut projects – work has not stopped

By Malini Hariharan

I have been trying to get some clarity on what is happening at Map Ta Phut and what companies are planning to do.

Construction activity has not yet stopped despite the Supreme Court ruling last week which …

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