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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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Crude, Equities & Polyolefin Pricing

This is a huge subject, one that this blog will need to keep revisiting – and if you tell us we’ve got it wrong, we’ll always listen and respond.

For what it’s worth, the article below might give you some …

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Reliance moving fast on LyondellBasell bid

By Malini Hariharan

Reliance Industries’ bid to acquire LyondellBasell is progressing quite rapidly. I am told that a team of top executives from the company is in the US holding discussions with LyondellBasell.

And according to this report in the …

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China’s Growth In 2010: Two Theories

More buying of junk in H1 next year that nobody really needs?

Source: www.blogcleveland.com

 

 

By John Richardson

TWO theories about growth in China next year revolve around either an appreciation or devaluation of the Yuan.

The appreciation theory …

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Thai Start-ups: What A Muddle

 

A real head scratcher……

Source of picture: www/http://blogs.miaminewtimes.com

 

 

By John Richardson

Confused? Sorry, but so far we cannot be of much help bringing any precision to what the implications of Thailand’s Supreme Court ruling will mean for …

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China PE To Grow By 35% – Latest ’09 Forecast

 

Money to be made, or saved, again?…..

Source of picture: www.evworld.com

 

After last week’s estimates, a big producer (who wishes to remain anonymous) has given us his forecasts for the strength of 2009 growth in demand for polyolefins in …

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Polyolefins And Football: An Historic Parallel?

Is history about to repeat itself?

 

 

Source of picture: www.vietbao.vn

The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd …

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