Tag Archives | Middle East petrochemicals

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A Tough Q2 For The US

 

By John Richardson

THE hard numbers, in the chart above, support anecdotal evidence we have been picking up for over a month of increased Asian polyethylene (PE) exports to Brazil and other Latin American countries.

It also confirms reports …

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Investors Predict Strong Petchems Rebound

By John Richardson

POLYETHYLENE (PE) inventory levels are thought to be so low at the converter end of the business in China that a case is being made for a strong recovery in demand and pricing post-Lunar New Year.

A …

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Don’t Underestimate The Middle East

 

Source of picture: Wikimedia Commons

 

By John Richardson

THE theme of last week’s Gulf Petrochemicals and Chemicals Association (GPCA) conference in Dubai was “Moving Downstream, Creating Added Value and Sustainable Growth”.

There is a huge effort underway in …

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Middle East Still Confident For Now

By John Richardson

Confidence among Middle Eastern petrochemical producers remains high because they obviously now that as long as oil prices do not collapse they will continue to make excellent money, said a chemicals analyst.

The blog believes that there …

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European PE, PP below Euros1,000/tonne

By John Richardson

JOURNALISTS are often accused of exaggeration for the sake a good story, but it is genuinely no exaggeration to say that markets are in free-fall.

Last week we reported on how European polyolefin pricing was on a …

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The False Promise Of US Petrochemicals?

By John Richardson

THE remarkable shift in the competitive landscape of petrochemicals resulting from shale gas was highlighted yesterday in an excellent post by our fellow blogger, Paul Hodges.

Drawing on data from the NPRA, with analysis from the ICIS data …

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US Petchems Overconfident On Shale Gas

By John Richardson

THE soaring confidence of the US petrochemicals industry over abundant ethane feedstock from shale gas could end up being colossally misplaced, as we have discussed before on the blog.

America is the most NIMBY (not in my …

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China Quiet Market Persists

By John Richardson

LACK of credit and inflation are becoming even greater problems in China, which is reflected in polyolefin markets that remain very quiet indeed.

“It is ice cold out there with very little activity. Importers are waiting and …

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Gaping Chasm Between Effective, Real Op Rates

By John Richardson

A gaping chasm has opened up over the past 18 months between nameplate capacities and effective operating rates, resulting in much greater focus on the latter.

It isn’t easy and it is getting ever-more complicated to assess …

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Overconfidence The Bisk Risk For 2011

 

By John Richardson

OVERCONFIDENCE is perhaps the biggest risk for 2011 as a result of sales volumes that have this year exceeded even the most wildly optimistic forecasts.

The danger is that we have yet to see the worst …

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