Operating problems strike Asian polyolefins

By Malini Hariharan

Just when polyolefin markets have started recovering operating issues are cropping up at plants in Asia.

ExxonMobil was forced to shut its 600,000 tonnes/year polyethylene (PE) plant in Singapore on Tuesday for two weeks due to undisclosed …

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Asia awash with aromatics

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By Malini Hariharan

Excess availability of product continues to trouble Asian aromatics markets. Commissioning of new plants and reluctance to cut operating rates has resulted in a steady build up of stocks over the last few months.

Take the case …

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Taiwan’s tough talk

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By Malini Hariharan

Formosa Petrochemical Corp’s problems are mounting after two accidents in less than a month at its refinery and petrochemical site in Mailiao, Taiwan.

Wu Den-yih, the country’s premier was at the site last week and ordered an …

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China PE Price Rebound Driven By Futures Market

By John Richardson

CHINA’S domestic linear-low density polyethylene (LLDPE) prices have rebounded by as much as Yuan 1,000/tonne ($147.5./tonne) or 8% over the last two weeks, according to this ICIS news article from my colleague Rainy Ma.

As these graphs …

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ChemaWEyaat shifting to a new site?

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By Malini Hariharan

One more Middle East project appears to be on the move.

Abu Dhabi’s ChemaWEyaat is reportedly shifting its 1.5m tonnes/year cracker and derivatives project from the Khalifa Port and Industrial Zone in Taweelah, to Ruwais in the …

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Singapore’s New Petrochemicals Strategy

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Singapore’s Marina Bay Sands complex

 

Source of picture: Washington Pos

 

 

By John Richardson

“SUCCESS in this business, whether you are tracking price direction or planning new investments, is 95% about feedstock,” says a senior European-based sales manager …

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Saudi PP producers risk more dumping claims

By Malini Hariharan and John Richardson

Saudi polypropylene (PP) producers could potentially be hit by anti-dumping duties (ADD) and other duties from more countries if an Indian ruling on an ADD petition sets a legal precedent, said a senior trade …

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Asian Polyolefins – A Dead Cat Bounce

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Source of picture: anirudhsethireport.com

By John Richardson

WE reported earlier this week that cautious confidence is being expressed that the worst might be over in polyolefin markets with prices having reached the bottom.

“The market seems to be …

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Singapore Confirms Plans For 6-8m tonne/year Ethylene

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Jurong Island

Source of picture: www.pcs.com.sg

 

By John Richardson

SINGAPORE plans to eventually raise its ethylene capacity to 6-8m tonne/year from the 4m tonne/year which will be reached when ExxonMobil’s second cracker complex at Jurong Island is on-stream, Liang …

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Advantage US?

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By Malini Hariharan

The advent of shale gas and a fall in natural gas prices has already altered the fortunes of US ethane-based petrochemical producers. And now a new report says that the advantage is here to stay.

The Energy …

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