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Some more surprises for polyolefins

By Malini Hariharan

The Wednesday post on this blog highlighted some of the unexpected turns that the Asian polyolefins market has been taking.

There have been more developments over the last two days that are likely to influence markets in …

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Polymers start the year on a robust note, but how long will it last?

By Malini Hariharan and John Richardson

Expect the unexpected and you probably stand a good chance of making money in the polymer market.

Defying expectations of a slowdown in demand ahead of the Chinese new year in February markets have …

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Cash Will Remain King in 2010

Still too crowded…

Source of picture:www.tripadvisor.com

 

By John Richardson

 

Dear Readers – Welcome Back.

Having spent the last two weeks lying on Western Australian beaches, drinking beer and reading books on European history – while also building sand …

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No option but to bet on China

By Malini Hariharan

Even as market players celebrate the finish of what has been an unexpectedly good year there are not many who expect a repeat performance.

A key concern is Chinese demand which saved the industry in 2009. A …

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Asian PE, PP face a weak start to 2010

Polyethylene (PE) and polypropylene (PP) producers expect trade to pick up only from the second quarter of 2010 when restocking activity will resume, writes our colleague Bee Lin.

Chinese importers are unlikely to build stocks before the Lunar New Year …

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Philippines cracker – revival of an epic saga

By Malini Hariharan

Some projects never die.

JG Summit has been planning a cracker since 1995 but has always had problems in securing funding. The project was revived in 2005 even as questions were raised about its viability.

It would …

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China PO demand will continue to expand but slower than capacity

By John Richardson

China’s capacity to produce polyethylene and polypropylene will expand at a double-digit pace next year, while demand growth is expected to ease, says Longston Li, analyst at Shanghai-based CBI.

CBI expects China’s polyethylene (PE) capacity would jump …

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Concerned about the Asean FTA? There’s not much you can do about it.

The implementation of a zero-tariff regime in Asean from 1 Jauary 2010 has raised concerns among polymer producers in Indonesia and the Philippines about intense competition from Singapore and Thailand leading to a erosion in market shares.

Producers from these …

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Qatar says there will be one more cracker

By Malini Hariharan

Qatar has reconfirmed its commitment to build more petrochemical plants including a new worldscale cracker.

At a ceremony to mark the start of construction of Qapco’s new ldPE project, the deputy premier and minister of energy and …

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Recycling Dip Boosts China By 8-10 Percentage Points

 

It can be a dirty business….

Source of picture: www.China-environmental-news-blogspot.com

 

By John Richardson

THE sharp drop in plastics recycling in China has added 8-10 percentage points to virgin polyolefin demand growth in 2009, estimates a major Asian producer.…

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