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Asian Chemical Connections

PX – PTA market struggle intensifies

By Malini Hariharan Asian paraxylene (PX) and purified terephthalic acid (PTA) markets have started 2012 on a contentious note that is likely to be repeated for the rest of the year. The January Asian Contract Price (ACP) for PX is in disarray with major producers and buyers unable to agree on a number. Only ExxonMobil […]

Japan More Competitive Than You Might Think

 Tokyo at nightSource of picture: liveworldtours.com       By Malini Hariharan it is easy to write off the Japanese petrochemicals industry which has for long struggled to find a solution to the dual pressure of rising global competition and an anaemic home market. Japanese companies, once at the forefront of the Asian industry, have […]

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