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Asian Chemical Connections

IOC Defers PX/PTA, Proceeds With Acetic Acid, Butene-1

By Malini Hariharan The blog continues with a review of Indian projects. State-owned refinery major Indian Oil Corp (IOC) has deferred its paraxylene (PX) and purified terephthalic acid (PTA) projects at Vadodara in Gujarat state, to post 2015. “The project is on hold because of commercial issues; we are looking at the total PX/PTA picture […]

HDPE-LLDPE spread expands

By Malini Hariharan and John Richardson The spread between high-density polyethylene (HDPE) film grade and linear-low density PE (LLDPE) prices in Asia has steadily widened over the last five months to hit a high of $110/tonne, raising questions on how long this can continue. LLDPE has been consistently cheaper than HDPE since May, a reversal […]

Co-Monomer Shortage Provides LLDPE Respite

By John Richardson AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010. But the big question is to what extent global production is being constrained by a shortage […]

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