Tag Archives | cracker

Operating rate cuts the only option

By Malini Hariharan

News of operating rate cuts is pouring in. Crackers in Japan, Taiwan and parts of southeast Asia have been running at reduced rates of 80-90% in October. But now there is also talk of rate cuts at …

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Saudi gas shortage and Iran gas price hikes

By Malini Hariharan

The gas shortage in the Middle East, especially Saudi Arabia, has been well documented with the situation expected to ease in the longer term once investments in new processing plants have been completed.

But in a recent …

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Last chance for Taiwan petchems

By Malini Hariharan

The Taiwanese government is once again talking of removing a ban on cracker investments by Taiwanese companies on the mainland.

The country’s minister of economic affairs said late last week that the government is willing to consider …

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Formosa up but not out of the woods yet

By Malini Hariharan

Operations at the Formosa group of companies in Mailiao, Taiwan, are slowly resuming but the group faces an uphill task in regaining public and government confidence in its ability to run plants safely.

There have been seven …

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Chandra Asri stake up for sale?

By Malini Hariharan

Indonesia’s sole cracker operator Chandra Asri faces yet another ownership change with Singapore’s Temasek Holding reported to be looking at divesting its stake in the company.

The news report in the Wall Street Journal said several companies …

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India petchem projects update

By Malini Hariharan

India’s major petrochemical projects are inching forward very slowly and the blog will not be surprised if there are more delays along the way.

Reliance has yet to kick start its 1.4-1.6m tonnes/year cracker project adjacent to …

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Formosa’s troubles deepen, markets rally on supply concerns

By Malini Hariharan

The latest accident at Formosa Petrochemical Corp’s (FPCC) refinery at Mailiao, Taiwan, on Sunday is adding to the bullish sentiment in markets for key petrochemicals. A fire in the propylene recovery unit has forced the company to …

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Dow-Aramco Set To Start Al Jubail JV

By Malini Hariharan

Dow Chemical appears to be ready to take a final decision on its huge cracker and derivatives joint venture with Saudi Aramco in Al Jubail, Saudi Arabia.

Media reports in the last two days indicate that the …

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Petro Rabigh phase 2 and Aramco’s ambition

By Malini Hariharan

Petro Rabigh, the Saudi Aramco and Sumitomo Chemical joint venture, has moved to the next round of its ambitious phase 2 expansion which includes a new aromatics facility and a number of value-added derivatives.

Construction tenders for …

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Shell Firms-up Interest in New US Capacity

By Malini Hariharan

Shell Chemicals has become the latest entrant to a steadily growing list of companies looking at new cracker investments in the US.

As we wrote about last week, Shell Chemicals told us in an interview at the …

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