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Asian Chemical Connections

Ethylene Freight Rates Head For Collapse

“If I didn’t care what happens to you….” Source of picture: www.sydbarrett.com   By John Richardson AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the blog was “irresponsible shipping brokers and consultants talking up the market”. He predicted that the […]

Asian Polyolefins Face Two-Year Freight Squeeze

Container Freight Rates: Luck Before Brains Source of picture: blogs.princeton.edu   By John Richardson ASIA’S polyolefin industry is facing additional pressure from new Middle East capacity due to higher freight rates from the Middle East to Europe, the blog has been told. This is also contributing to tighness in European polyolefin markets, we also understand. Increased freight rates in […]

Turkish Polyolefins Confront Tight Credit, China Uncertainty

Source of picture: www.turkeytravel.com   By John Richardson THE economic crisis continues to force the global chemicals industry to think on its feet due to, among many other things, persistently tight credit in some regions. China has also become even more of an important market with every rumour and counter-rumour about levels of demand there […]

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