Tag Archives | benzene

Global Growth Outlook: Sorting Out The Continuum

By John Richardson

WHAT do you do for a living? Are you a speculator in equity markets or do you make things for a living?

These, we think, are highly relevant questions as we head towards the New Year.

It …

Continue Reading
benzene global 2013 H1.JPG

The Complexities Of Benzene

By John Richardson

SOMETIMES petrochemicals markets defy reality, on the occasions when pricing moves out-of-synchronicity with the underlying nature of demand.

This is the case with benzene today (see the above pricing chart) as my ICIS colleague Truong Mellor describes, …

Continue Reading
PTA prices.jpg

Everywhere You Look

By John Richardson

EVERYWHERE you look across China’s petrochemical markets the story is the same as in polyethylene (PE): Exceptionally weak demand during a time of the year when demand should be good.

Take purified terephthalic acid (PTA) as an example.…

Continue Reading
SEAmargins.png

Beware Of Excessive Optimism

 

By John Richardson

CHEMICALS and polymer markets have enjoyed a very strong recovery in Asia since November/December, according to many of the traders we have spoken to.

“We are getting $150-200/tonne more for benzene and toluene in January compared …

Continue Reading

PX Goes Green

By Malini Hariharan

Work on commercialising a green route to paraxylene (PX) purified terphthalic acid (PTA) and other aromatics is speeding up.

US companies are at the forefront of recent developments. Virent is looking to produce a sugar-based ­aromatics stream …

Continue Reading

China set for aromatics expansion

By Malini Hariharan

China is preparing to bring onstream huge capacities for aromatics this year.

Nearly 1.7m tonnes/year of  toluene capacity is due to be added, writes Dolly Wu in the latest issue of ICIS Chemical Business.

The major projects …

Continue Reading

Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

Continue Reading

India to export more benzene

By Malini Hariharan

Indian exports of benzene are set to rise over the next few years as new plants start up.

“India will remain in a net surplus position over the next five years and exports will continue, with [benzene] …

Continue Reading

Yet another week of price corrections

By Malini Hariharan

Asian petrochemical markets continue to face downward pressure on concerns about the health of the global economy. Market sentiment for most products remains poor with buyers in no rush to resume purchases.

Polyolefin markets closed last week …

Continue Reading
D

High Frequency Trading dominates as markets crash

by Paul Hodges

The Chemicals and the Economy blog was almost alone at the end of April, when it launched the IeC Downturn Alert. Today, its fear that we are close to a global downturn has become mainstream.

As the …

Continue Reading