Tag Archives | ethane

Bio-based Local Ethylene Plants A Good Alternative

By John Richardson

THE proven approach for success in petrochemicals is, of course, to find cheap feedstocks somewhere and build a world-scale cracker complex.

That “somewhere” doesn’t necessarily have to be close to the final customers in emerging markets. For …

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Life After The “Sugar High”: Oil Prices And Petrochemicals

By John Richardson

WHY is it that even though demand in the US for petrochemicals is still well below the 2007 peak, as indicated by the latest American Chemistry Council capacity utilisation chart, the November ICIS Petrochemical (IPEX) for the …

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Uncertainties Over US Gas Pricing

By John Richardson

NOBODY saw the shale gas technological breakthroughs coming and thus the revival of the US petrochemicals industry took everybody by surprise.

Today the accepted wisdom is that the US industry will remain a license to print money …

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Northeast Asia PE Weakest Margins

 

Source: ICIS pricing Weekly Asian PE Margin Report

 

By John Richardson

The slide above shows how Northeast Asian naphtha-based polyethylene (PE) producers are struggling as a result of the weak China market (dark blue bars).

And it confirms …

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US Polyethylene Targets China

 

By John Richardson

SIGNIFICANT volumes of US polyethylene (PE) are heading to China as the States attempts to compensate for weaker domestic sales, understands the blog.

Despite the fall in US prices, margins remain strong, creating arbitrage opportunities.

US …

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China coal-based MEG moves ahead

By Malini Hariharan

China’s second coal-based monoethylene glycol (MEG) plant is due to start in the second half of 2012, reports ICIS news.

The plant, located in Hebi, Henan province, will have a capacity of 250,000 tonnes/year and will be …

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Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

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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 …

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Middle East builds downstream

By Malini Hariharan

After years of making money in basic petrochemicals the Middle East focus has firmly shifted to downstream chemicals, a topic that is being discussed in great detail at this year’s GPCA forum being held in Dubai on …

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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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