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Asian Chemical Connections

US shale gas buzz in the Middle East

By Malini Hariharan The US shale gas advantage is a recurring theme at this year’s GPCA forum with companies giving more details about their expansion plans. Chevron Philips Chemical confirmed that it will build a 1.5m tonnes/year cracker at its Cedar Bayou complex in Texas, reports ICIS news Permits for the project are being filed, […]

Misplaced Euphoria Threatens Industry

By John Richardson THE euphoria sweeping through the US petrochemicals industry seems to indicate strong support for the “supercycle” theory. Some of the comments made during the first-quarter results season certainly point that way, as does the upbeat mood of presentations made to investors over the past few months. A consensus view appears to have […]

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