A sleeping giant awakens

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By Malini Hariharan

It’s a question that has puzzled many – why has Petronas, the state-owned Malaysian oil and gas major, not made any effort to scale up its petrochemicals business in the last five years.

But there are signs …

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Middle East Study Casts Doubt On Downstream Strategy

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Petro Rabigh

Source of picture: arabianoilandgas.com

 

By John Richardson

Petro Rabigh’s attempt to move further down the value chain raises interesting questions over exactly how successful the Saudi joint venture will be in attracting the necessary investment.

As my …

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Map Ta Phut concerns refuse to fade away

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By Malini Hariharan

Companies with projects at Thailand’s Map Ta Phut must have heaved a sigh of relief last week after the Administrative court ruled that 74 out of 76 suspended projects could move ahead after completing health impact assessment …

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Moving down the value chain

By Malini Hariharan

More details have emerged on Petro Rabigh’s second phase which conforms to Saudi Arabia’s product diversification strategy.

The Kingdom is steadily expanding its presence in the aromatics chain and Petro Rabigh’s plans include 800,000-850,000 tonnes/year of paraxylene …

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Singapore’s aromatics binge

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By Malini Hariharan

Jurong Aromatics Corp (JAC), part of a rare breed of standalone aromatics projects, is finally seeing some progress.

At a time when most new aromatic projects are integrated with refinery operations, JAC plans to build a condensate …

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A Downturn With Areas Of Persistent Strength

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Tougher sanctions set to reduce Iranian exports

Source of picture: amix.dk/blog/post/19116

 

By John Richardson

I met a hedge-fund manager yesterday who wanted a straight answer as to why he felt that ethylene, propylene and polyolefin margins are holding-up relatively well, …

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Long-term Shift In LPG Cracking Economics

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Source of picture: the truth about cars

 

By John Richardson

WHEN my fellow blogger Malini Hariharan once asked a particularly unhelpful individual who used to track polyethylene (PE) markets what was going on, his only response was “conditions are volatile”.…

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China to invest in Iran petrochemical projects?

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By Malini Hariharan

The recent sanctions are making business operations difficult for Iranian petrochemical producers. And just when questions were being raised about the prospects of the country’s numerous projects, news has emerged that Iran and China are on the …

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Diminishing Returns From Middle East Projects

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Downtown Riyadh

 

 

By John Richardson

As my fellow blogger Malini Hariharan wrote last week “the projects environment in the Middle East has irrevocably changed” and with it the rather glib and outdated assumption still being frequently made that …

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The Unexpected Bonus For Polyolefins – In Summary

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Every dark cloud has a silver lining…

By John Richardson

GLOBAL polyolefins markets are being kept very tight be a collection of what might seem like only temporary factors.

But in the case of the butene-1 shortage, for example, (see …

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