China Power Woes Hit Chem Output

By Malini Hariharan and John Richardson

The power crisis in China, highlighted in this post last month and yesterday, has worsened and is likely to affect economic output in the second quarter.

More than 10 provinces, including Zhejiang, Hunan, Anhui, …

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Supply Constraints Should Mean A Healthy China

By John Richardson

THE extent of the weakness in China ‘s polyolefins market has become more apparent as a result of reports that a much-anticipated increase in Middle East production hasn’t happened.

Back in February, oil production in Saudi Arabia …

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Middle East Petchem Producers Feel China Slowdown

By John Richardson

MORE evidence has emerged of a slowdown in demand for polyolefins in China following the sharp decline in March imports.

The Middle East is now feeling the pinch as a result of the impact of inflation and the reduced availability of …

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Tough times start for India polyolefins

By Malini Hariharan

Tension is building up in the Indian polyolefin market with buying activity slowing down in recent weeks.

“The market is really dull; trading activity is very flat and end-users are taking minimum quantities. We are worried that …

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Petronas set to unveil new refinery and petchem venture

By Malini Hariharan

Malaysia’s Petronas is expected to soon announce plans for a new refinery and petrochemical complex Pengerang, Johor, a project that the blog had discussed a few months back.

A report in the Malaysian newspaper Star says the …

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The False Promise Of US Petrochemicals?

By John Richardson

THE remarkable shift in the competitive landscape of petrochemicals resulting from shale gas was highlighted yesterday in an excellent post by our fellow blogger, Paul Hodges.

Drawing on data from the NPRA, with analysis from the ICIS data …

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Old Growth Model Needs To Be Challenged

By John Richardson

Calling all chemicals investors: If you hear any presentation from any company out there that talks about an uninterrupted boom in growth in China, please, please start asking some searching questions. Please…..

We have so far yet …

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Broad Commodities Retreat Hurts Chemicals

By John Richardson

WE hate to say we told you so but the 15 per cent fall in oil prices last week – the steepest one-week decline in two-and-a-half years – was evidence of growing concern over the health of …

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SBR under pressure on China slowdown

By Malini Hariharan

Styrene butadiene rubber (SBR) prices, which have nearly doubled over the last year, may be heading for a much needed correction.

The strength in feedstock butadiene markets and strong demand from the automotive sector have so far …

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Korea escapes from China slowdown

By Malini Hariharan

The blog has been scanning equity analyst reports of South Korean companies and has noticed that earnings expectations for the year are being revised upwards despite market uncertainties.

Companies such as S-Oil are expected to benefit from …

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