Saudi Kayan commercial production delayed to end-2011?

28062006 Large_tcm22-4604.jpg

By Malini Hariharan

Sabic’s Saudi Kayan appears to be heading down the same road as other recent Saudi petrochemical projects.

After starting up a 1m tonnes/year cracker and a mono ethylene glycol (MEG) facility, a local media report states that …

Continue Reading

Saudi Arabia: The Implications Of Going Downstream

Asss.jpg

An example of how Lexan solar control IR sheets (made by SABIC Innovative Plastics) can be put to use

Source of picture: SABIC

 

By John Richardson

SAUDI ARABIA is busy reshaping its petrochemical industry to reflect a drastic shift …

Continue Reading

China, Russia To Boost Iranian Ethylene Trade?

SouthPars.jpg

Iran’s South Pars gas field

Source of picture: www.petropars.com

 

By John Richardson

THE ability of Iran to further exploit its huge natural gas reserves – and in so doing maintain ethylene exports at constant levels throughout the year – …

Continue Reading

European Polyolefins: The Luxury of Unintended Consequences

ABob.jpg

Another excuse for a Dylan picture – ref “Shelter From The Storm”

Source of picture: www.israbox.com

By John Richardson

WEST EUROPEAN polyolefin markets remain tight thanks to the lingering effects of lack of spending on maintenance, several market sources have …

Continue Reading

Typhoon triggers shutdowns in Taiwan

r.jpeg

By Malini Hariharan

More news of plant shutdowns emerged today with Chinese Petroleum Corp (CPC) forced to stop production at its 500,000 tonnes/year No 5 cracker in Kaohsiung, Taiwan, after typhoon Fanapi resulted in extensive flooding.

Operations were suspended to …

Continue Reading

Saudi ethane price revision to be delayed?

By Malini Hariharan

The much talked about revision in Saudi ethane prices may not take place in 2012. In a recent report on the Middle East petrochemical sector analysts from Nomura expected the current price of $0.75/mmbtu to continue until …

Continue Reading

Asian Ethylene Market Uncertainty Continues

By John Richardson

THE outlook for ethylene spot market availability remains muddled as a few weeks ago due to higher freight rates and uncertainties surrounding Middle East natural-gas feedstock supply.

Freight rates for all Middle East, Asia and West Mediterranean …

Continue Reading

Saudi Private Petchem Cos To Consolidate

2-al-jubail.jpg

A-Jubail in Saudi Arabia

Source of picture: www.chemicals-technology.com

 

By John Richardson

SOME of the privately-owned Saudi Arabian petrochemical producers could well be forced to consolidate as a result of lack of feedstock for expansions, an industry source told the …

Continue Reading

PO demand slows, will prices slide?

prices.jpg

By Malini Hariharan

After a fairly steady climb Asian polyolefin markets have hit the pause button.

Demand for polyethylene (PE) and polypropylene (PP) in China and Southeast Asia has weakened but this development has so far been balanced out by …

Continue Reading

Picking The Winners And Losers

Top 100 2010 logo.jpg

 

Source of picture: ICIS

 

By John Richardson

ICIS has just published its Top 100 listing for 2009, which, not surprisingly, reveals the nothing-short-of devastating impact of the global economic crisis on chemical company financial performances.

“Unprecedented operating and …

Continue Reading