Disneyland Economics And Planning For 2011

xin_570503012043958088264.jpg

Please stop taking the Mickey..

Source of picture: China Daily

 

By John Richardson

ECONOMIC bubbles have been given their name for a good reason: They behave exactly the same as the soap bubbles that were prevalent at Hong Kong’s …

Continue Reading

South Korea To Raise C2 Capacity By 9.2 Percent

nightviewofSeoul.jpg

By John Richardson

SOUTH Korea is set to raise its ethylene and propylene capacities by 700,000 tonne/year and 740,000 tonne/year by 2013, Seo Kyung Sun, executive director of the consulting business of Seoul-based Chemical Market Research Inc (CMRI) told the …

Continue Reading

The LPG Cracking Myth Debunked

normal_dunces_hat.jpg

We are deeply ashamed of ourselves….

 

 

By John Richardson

AT the risk of boring you completely senseless let us once again return to the subject of liquefied petroleum gas (LPG) and its likely usefulness as a cracker feedstock over …

Continue Reading

Letting supply lead the way

Screen shot 2010-11-03 at 6.13.25 PM.png

By Malini Hariharan

Conventional wisdom suggests that it is best to build a plant where the market is. But can ready availability of material develop markets.

Take the case of India. In an interesting presentation at India Chem last week, …

Continue Reading

Polyolefins Supply Surge Warning – Yet Again

economists-wrong.jpg

By John Richardson

A GREAT deal more polyolefins supply is expected to hit the Asian markets over the next few months resulting in what two chemicals analysts tell the blog will be depressed margins up until March next year.

After …

Continue Reading

Make hay while the sun shines

china garment.jpg

By Malini Hariharan

The petrochemical industry is all about making the most of unexpected developments and that is what we are seeing in paraxylene (PX) and purified terephthalic acid (PTA) markets.

Led by polyester, PX and PTA prices have risen …

Continue Reading

Flood Of LPG Supply On The Way

Lpg_Gas_Tank.jpg

Here is another article on the liquefied petroleum gas (LPG) market, a subject we have covererd several times on the blog over the last few months.

Below we discuss how the temporary supply constraints that have kept LPG tight this …

Continue Reading

Supercycle Claims Dismissed

By John Richardson

THE Morgan Stanley Supercycle report, which we first blogged on last Friday, has created a big stir among the blog’s contacts.

 Click herefor a copy of the report RI_PETROCHEM_BLUEPAPER2010.pdf   

As we said in this ICIS news article on …

Continue Reading

Reliance’s polyester play

g.jpg

By Malini Hariharan

With Indian polyester demand growing steadily at 10%/year Reliance Industries has renewed its focus on expansions along the chain.

Projects that were put on hold after the 2008 economic crisis have been revived and deadlines set.

The …

Continue Reading

Capitalising on the cotton crisis

jpg

 

By Malini Hariharan

Cotton prices have hit a 140-year high on the ICE futures in the US creating room for further price hikes across the polyester chain.

Prices of paraxylene (PX), purified terephthalic acid (PTA), monoethylene glycol (MEG) and …

Continue Reading