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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LyondellBasell Plans US Capacity Additions

JimGallogly.jpg

                                Jim Gallogly

                               Source of picture: ICIS 

 

By John Richardson

LYONDELLBASELL has joined the list of US producers that have disclosed ethylene expansion plans as a result of low-cost ethane and the belief that we are heading towards an …

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Cotton Support For Fibre Intermediates Declines

By John Richardson

RISING cotton prices might well have been the single-biggest factor on the strength in the synthetic textiles chain for the last year.

Other major factors have obviously been the surge in crude and supply constraints in both …

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Dow’s Liveris On The Mark On China?

By John Richardson

Dow Chemical’s CEO, Andrew Liveris, was reassuringly upbeat about the state of demand in China last week when he described it as “quite robust” during an analysts’ call on the release of the company’s Q1 results

And …

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Power shortages strike China

By Malini Hariharan

The problems for Chinese manufacturers are multiplying. Besides having to worry about rising input costs, inflationary pressures and tightening of credit, companies now have to contend with unexpected power cuts.

This is usually the low season for …

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