Tag Archives | Iran

The Iran-West Nuclear Deal: An Update

By John Richardson

MANY thanks to a good friend of the blog, Mark Mark Mirosevic-Sorgo, managing director of the Singapore-headquartered shipbrokers Braemar Quincannon for what follows – some excellent analysis of what the Iran-West nuclear deal might mean for the …

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Asian LDPE Margins Reach New Low

                 

               LDPE margins in 2012     

By John Richardson

NORTHEAST Asian integrated low-density polyethylene (LDPE) margins keep plunging new depths.

The margins were at their most negative since ICIS records began in 2000, according to the ICIS Asian PE Margin Report for …

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Europe’s “Recovery” Falters

 

By John Richardson

THE mood in European ethylene and polyethylene (PE) markets has changed over the last two weeks, according to my ICIS pricing colleagues, Nel Weddle and Linda Naylor.

“A drop in crude oil and naphtha values saw speculation …

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Oil Prices And Demand Destruction

By John Richardson

THE danger that high oil prices pose to the global economy, and therefore, of course, petrochemicals demand, has been highlighted by a new report from HSBC.

It makes the point that quantitative easing, which has led to …

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Five Essentials For Planners

By John Richardson

POLYETHYLENE (PE) industry planners need to factor in the following as they prepare for 2012:

1.) Oil prices are causing demand destruction in the global economy. They could go higher due to the Iranian nuclear crisis. In …

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Methanol set for a strong year

By Malini Hariharan

Chinese methanol demand growth in 2011 has beaten expectations thanks to rising requirement from the gasoline blending and methanol-to-olefins (MTO)/methanol-to-propylene (MTP) segments.

Demand last year is estimated to have expanded by an impressive 30% to reach 26m …

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Saudi Gas Costs Head Higher

By John Richardson

SAUDI Arabia’s petrochemical producers could soon, or may already, be paying $1.50-2.00/mmBTU for their ethane supplies.

“We are not sure whether the proposed increase from $0.75/mmBTU will take place from 1 January this year or from early 2013, …

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Fresh US sanctions to target Iran petchems

By Malini Hariharan

The US is looking to introduce fresh measures targeted at the petrochemicals industry.

The specifics of the new sanctions are not yet available but the goal, says this report, is to bar foreign companies from doing business …

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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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Iran Remains Optimistic On Exports

                                    Dubai crucial for Iran

 

By Malini Hariharan

The blog recently had an opportunity to talk to a few Iranian companies and was impressed by their sanguine approach to the challenges posed by the new round of sanctions.

This too …

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