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Asian Chemical Connections

Iranian PE Seen As Threat To China Price Recovery

By John Richardson IRANIAN polyethylene (PE) exports to China could help to cap or even prevent a recovery in pricing during the second half of this year. Although in volume terms, Iranian material only accounts for a small percentage of the total market, in sentiment and therefore price-setting terms, it seems to be playing an […]

Iran Petchems Hit By New Sanctions

  Source of picture: irantrip1wordpress.com     By John Richardson IRAN’S ability to further develop its oil, gas and petrochemicals sectors has received further major blows from new rounds of United Nations and US sanctions. One June 9, the UN approved a fourth round of sanctions on the country, including restrictions on financial transactions, a […]

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