Saudi Gas Shortage Will Last A Long Time

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Goodbye to all of that

Source of picture: www.gas2.org

 

 

By John Richardson in Mumbai for the Asia Petrochemical Industry Conference (APIC)

EXISTING Saudi Arabian crackers will continue to run at less than 100% until the Kingdom’s oil …

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Qatar eyes cracker capacity hike and propane cracking

By Malini Hariharan

Ras Laffan Olefins Co (RLOC) is studying an expansion of its new cracker by using propane as a feedstock.

At a recent news conference, Mohammed Yousef Al Mulla, general manager of Qatofin, the Qatar Petroleum-Total joint venture …

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All mixed up in the West

By Malini Hariharan

The blog has been writing about the softening in olefin and polyolefin prices in the US. But the European market presents an interesting contrast offering arbitrage opportunities for those willing to take the risk.

Operating rate reductions …

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US-Asia PP Arbirtrage Remains Uncertain

By John Richardson

THE jury is out over whether the recent decline in US propylene prices will re-open arbitrage to Asia for polypropylene (PP).

Arbitrage for ethylene has remained strong with Dow Chemical disclosing that 20% of its US production …

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China Muddle And Confusion Continues

By John Richardson

The muddle and confusion that has characterises forecasts for Chinese chemicals demand continues – and with all this persistent uncertainty comes a great deal of nervousness about volumes in the second half of 2010.

So far so …

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China Chems Liquidity Boost To Continue?

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Lots more empty ones like these?

Source of picture: http://www.chrismartenson.com

 

By John Richardson

THE dramatic increase in China’s money supply during 2009 – the result of an estimated 10 trillion Yuan increase in lending over the previous year – might …

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UK General Election: Charisma Bypass

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David Cameron

Source picture: right up north

 

 

By John Richardson

Nothing to do with chemicals, but indulge me – this is a once-in-five-years event.

I really miss, in some ways, the pantomime politics of the 1980s and early …

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Greek Bonds And Chemicals

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Gillian Tett: Worth Listening To

 

Source of picture: afponline.org

 

By John Richardson

The excellent journalist Gillian Tett, whose book on the financial crisis – Fool’s Gold is well worth a read – again hits the nail on the …

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Singapore Value-add Chem Announcements Expected Soon

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Ben van Beurden of Shell Chemicals

 

Source of picture: Shell.com

 

By John Richardson

SINGAPORE looks set to soon make some further announcements on high-value investments downstream of the new Shell Eastern Petrochemical Co (SEPC) cracker.

The complex – …

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China: Yet More Record Imports

By John Richardson

The extraordinary China import story continues, raising yet more questions about where all these volumes are going at a time when the government is trying to cool the economy down.

Does this mean that speculation continues apace …

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