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Asian Chemical Connections

APIC Delegates Focus On Capacity

By John Richardson THE article of faith publicly expressed at last week’s Asia Petrochemical Industry Conference (APIC) in Fukuoka, Japan, was that the current problems with demand in China and India were only temporary. Discussions the blog held were packed with the conventional wisdom that not enough capacity would be built over the next few […]

Middle East Social Pressures & Gas Supply

By John Richardson THE blog held a fascinating discussion with a very well-placed industry observer last week, further underlining some of the key challenges facing the Middle East.. These include the well-documented feedstock shortages that will result in a dearth of new capacity post 2012 – and the difficulty in executing the few projects that […]

China and M-E Delays To Offer More Market Support

  As this updated table from my colleagues at CBI in China illustrates, cracker-complex delays in China have the potential to further stagger the arrival of new volumes into the market. Chinanewcapacitytable.doc This follows the widespread problems in starting up new capacity in the Middle East. The 800,000 tonne/year Fujian Petrochemical/ExxonMobil/Saudi Aramco cracker is on-stream, […]

GCC mood lifts despite worsening gas crisis

THE MOOD seems to have become a little more upbeat in the Gulf Co-operation Council (GCC) region of the Middle East thanks to the economic recovery. “The flow of foreign funds into the GCC came to a complete standstill in Q4 and the first quarter of this year, but in Q2-Q3 it reached all-time highs,” […]

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