Supercycle Claims Dismissed

By John Richardson

THE Morgan Stanley Supercycle report, which we first blogged on last Friday, has created a big stir among the blog’s contacts.

 Click herefor a copy of the report RI_PETROCHEM_BLUEPAPER2010.pdf   

As we said in this ICIS news article on …

Continue Reading

Reliance’s polyester play

g.jpg

By Malini Hariharan

With Indian polyester demand growing steadily at 10%/year Reliance Industries has renewed its focus on expansions along the chain.

Projects that were put on hold after the 2008 economic crisis have been revived and deadlines set.

The …

Continue Reading

Capitalising on the cotton crisis

jpg

 

By Malini Hariharan

Cotton prices have hit a 140-year high on the ICE futures in the US creating room for further price hikes across the polyester chain.

Prices of paraxylene (PX), purified terephthalic acid (PTA), monoethylene glycol (MEG) and …

Continue Reading

Polyethylene And The Stories People Tell

lies.jpg

 

…..quite possibly, yes, but it matters not what you say, only how you tell it

 

Source of picture: freelancefolder.com

 

 

By John Richardson

THIS poor mug might well have been the victim of rumours designed to move …

Continue Reading

Making Everyone Feel A Little Bit Middle Class

Prostores.jpg

Far more choices now…

Source of picture: www.mhhe.com/business

 

 

By John Richardson

THE nature of demand growth in emerging markets is a subject the blog has paid some attention to over the last few weeks.

Taking advantage of this …

Continue Reading

Petrochemicals Supercycle On The Way – Morgan Stanley

Pamplona

Watch out for the charging bulls…

  

Source of picture: sbynewsblogspot.com

 

By John Richardson

A FEW senior industry executives told the blog as long as a year ago that a petrochemicals supercycle was on the way as a result …

Continue Reading

Howling At the Moon And PE Price Discussions

Wolf2.jpg

 

 

Source of piicture: worldofstock.com

 

 

 

By John Richardson

 

CHINA’S surprise decision earlier this week to raise interest rates – the first rate rises since December 2007 – has badly dented sentiment in the polyethylene (PE) …

Continue Reading

Finding a home for Marcellus ethane

marcellus.jpg

By Malini Hariharan

A few weeks back the blog had highlighted the problems related to the disposal of ethane at the Marcellus Shale in northeast US.

Shale gas producers in the region are in a fix as ethane needs to …

Continue Reading

More LPG For Petrochemicals – Eventually!

By John Richardson

In theory there should be an additional 20-30m tonne/year of liquefied petroleum gas (LPG) coming on-stream between 2008-2012, according to Petrochemical Corp of Singapore (PCS) – the Singapore Jurong Island-based cracker operator.

This could lead to 5-10m …

Continue Reading

The slow trek downstream

desert.jpg

By Malini Hariharan

Nearly two years after SABIC and ExxonMobil signed an agreement for a multi-billion dollar 50:50 joint-venture elastomers complex iin Saudi Arabia, the two majors have yet to take a final decision on the project.

At last year’s GPCA …

Continue Reading