Ethylene Margins Plunge On PE Rate Cuts

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By John Richardson

THE steep decline in Asian ethylene margins – detailed in the chart below from the ICIS pricing weekly margin report – seems to be largely the result of the worrying state of China’s polyethylene (PE) market, which …

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China PE Market Falls Prey To The Speculators…..

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….again

By John Richardson

THE sharp fall in polyethylene (PE) pricing in China is being blamed on speculative acquisition of cargoes by traders in March and a rise in local production.

Apparent consumption (imports plus local production) is reported to …

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Chemicals Growth Story Gets More Complicated

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A Velozzi plug-in hybrid

Source of picture: www.zerauto.nl.blog

 

By John Richardson

Doom-mongers are claiming the end is nigh with the world heading for a double-dip recession.

This is happening at the same as the optimists are talking of the …

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US Needs A Serious, Informed Energy Debate

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Will he back raising fuel prices to European levels?

Source of picture: sociologycompass.wordpress.com

 

By John Richardson

IN the midst of the continuing BP oil-spill saga, here’s an important question for our American readers: Once the story is forgotten, meaning …

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China PE, PP Weakness Set To Continue

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Europe and China: A two-tier market is hard to bear…

Source of picture: blog.pinkcakebox

 

By John Richardson

CHINA’S polyolefin pricing is likely to remain under downward pressure over the next few months as a result of a persistent inventory …

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BMS Plans New Asia Polycarbonate

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By John Richardson

Bayer Material Science (BMS) has announced plans for a new polycarbonate ((PC) plant in Asia in another sign of confidence that the chemicals industry, despite major macro-economic threats, is continuing to benefit from the continent’s soaring …

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Petronas Restructuring Details Emerge

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Petronas seeks to scale new heights

Source of picture: www.mir.com

By John Richardson

MORE details have emerged concerning the major restructuring taking place at Petronas, the Malaysian state-owned oil, gas, refining and petrochemicals major.

Vice-presidents have being appointed to head …

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Shale Gas Confronts BP Oil Disaster Threat

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Deepwater disaster expected to impact shale gas 

Source of picture: Minnpost.com

 

 

By John Richardson

THE booming shale-gas industry could either benefit or suffer from the BP Gulf of Mexico oil-well disaster, with the end-result determined by the effect …

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Being Miserable As A Profession

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Never look on the bright side of life…

Source of picture: thescratchingshed.com

By John Richardson – fresh back from a long break in Europe (more on this later).

“If you keep predicting a catastrophe, John, you will eventually be proved …

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GCC gas shortage expected to last till 2015

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By Malini Hariharan

After enjoying years of plentiful supplies the Gulf Cooperation Council (GCC) countries face a gas shortage that could last another five years, says consultancy Booz & Co.

And this is happening at a time when other countries …

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