Iran Sanctions Lead To Illegal Shipments Claim

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Source of picture: http://www.westernesa.com/

 

By John Richardson

AN allegation has been made that traders could be changing bills of lading on cargoes of a certain liquids chemical being shipped out of Iran in an effort to get round tougher …

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Don’t worry, be happy

By Malini Hariharan

The blog was able to talk to a Korean polyolefins producer who was not perturbed by the recent weakness in Chinese demand and was fairly confident of selling October volumes.

“It’s the holiday season so converters do …

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Chandra Asri And TriPolyta To Merge

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By John Richardson

The consolidation talked about in Indonesia for more than ten years – that between cracker operator and polyethylene (PE) producer Chandra Asri and polypropylene (PP) producer TriPolyta – is finally set to happen by January next year. …

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Ethylene Freight Rates Head For Collapse

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“If I didn’t care what happens to you….”

Source of picture: www.sydbarrett.com

 

By John Richardson

AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the …

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Saudi Kayan commercial production delayed to end-2011?

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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 …

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Saudi Arabia: The Implications Of Going Downstream

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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 …

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China, Russia To Boost Iranian Ethylene Trade?

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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 – …

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European Polyolefins: The Luxury of Unintended Consequences

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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 …

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Typhoon triggers shutdowns in Taiwan

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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 …

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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 …

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