Petchem stocks attract buying interest

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By Malini Hariharan

Is this the right time to buy petrochemical stocks? Asian equity analysts are having a tough time answering this question being posed by portfolio managers across the region.

They are seeing a ‘mini downcycle’ emerging with a …

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Financial Sector Fear Looms Large

By John Richardson

WE will explore the following issues in a lot more detail over the coming days, assuming that the crude and financial market turmoil continues.

But for now here follows the interpretation of the crisis from a source with …

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Price slide intensifies

By Malini Hariharan

The weakness in Asian markets is spreading with steep drops also being reported in olefin prices.

Ethylene prices dropped by $160-170/tonnes last week while propylene declined $90-110/tonne, writes my colleague Soo Hwee, ICIS pricing editor for olefins.…

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Chemicals Face More Financial Sector Damage

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Greed definitely not good for chemicals….

Source of picture: reelmovienews.com

 

By John Richardson

THE chemicals industry is once again confronting the risk of being badly damaged by the ever-more interconnected oil, other hard commodity, currency and equity markets.

As …

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Ouch! China High Inventories At Worst Possible Time

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Is The China Party Over? Hope you’ve got plenty of aspirin..

Source: The Daily Telegraph

 

By John Richardson

Apologies to our readers for a fairly quiet week on the blog this week – my fellow blogger Malini and I …

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Project activity picks up

Despite the uncertainty surrounding markets prospects and the risk of another demand-led downturn, petrochemical producers are busy planning expansions and new investments.

At last week’s Apic conference in Mumbai, a source close to Total Petrochemicals revealed that the company was …

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Asia Resurgent On Refinery Integration

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Source of picture: omniglobal.com

 

 

By John Richardson

A FASCINATING theme to emerge from last week’s Asia Petrochemical Industry Conference (APIC) in Mumbai was a growing belief in refinery integration in Asia as a means of being able to …

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Bursting China’s real estate bubble…

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By Malini Hariharan

…is not going to be easy and the Chinese government’s attempts to control sky rocketing prices will not work unless there is a change in the local culture, a chemical industry executive confidently predicted at last week’s …

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Total Petrochemicals Makes Big MTO Progress

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A Chinese coalminer

 

Source: www.guardian.co.uk

 

Over the next week, as well as keeping track of more immediat events, we will be reviewing and analysing what was said in and around last week’s Asia Petrochemical Industry Conference (APIC) in Mumbai.…

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APIC Confidence A Dangerous Thing?

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Mumbai at night

 

Source of picture: travelygan.wordpress.com

 

 

By John Richardson in Mumbai

POLYOLEFINS will not see a margin collapse this year due to persistently strong demand growth and continued problems with new-capacity start-ups, said numerous industry sources …

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