Tag Archives | China coal industry

China: The Cost of Shutting Down

By John Richardson

ONCE a petrochemicals plant is built it is pretty hard to shut it down.

This might well apply to Europe, which is why we think talk of widespread cracker and derivatives closures to make way for highly …

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China Will Do What Suits China

By John Richardson

CHINA might well be in the midst of deflation caused by overcapacity in some chemicals, and in many other industries as well, but the longer-term strategic direction of reducing dependence on imports doesn’t appear to have changed.…

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Reassessing China Petchem Projects


John Richardson

Methanol-to-olefins (MTO) projects in China are subject to more disagreement over viability than any other group of petrochemicals investments, said HSBC in a report released last month.

HSBC, for example, takes a pretty negative view of the …

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China Coal-To-Olefins Storm In A Teacup?


: Source: NRELC, China Coal Research Institute, HSBC estimates


By John Richardson

THERE has been a lot of interest in China’s coals-to-olefins (CTO) industry, with arguments that it is a very economically viable method of production.

On paper, there …

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China Coal-to-Olefins Strong Economics

By John Richardson

THE economics of China’s coal-based olefins industry are favourable when measured on a cash cost basis in a high oil-price environment, as the slide above from the Singapore-based consultancy Methanol Market Services Asia (MMSA) illustrates.

But even …

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Total Petrochemicals Makes Big MTO Progress

A Chinese coalminer


Source: www.guardian.co.uk


Over the next week, as well as keeping track of more immediat events, we will be reviewing and analysing what was said in and around last week’s Asia Petrochemical Industry Conference (APIC) in Mumbai.…

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Methanol Enjoys Oversupply Respite

By John Richardson

SINGAPORE (ICIS news)–Multiple production issues are likely to keep Asian methanol markets tight until at least May after which new supply might give struggling buyers more leverage, said Mark Berggren, managing director of Singapore-based consultancy, Methanol Market …

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