Tag Archives | naphtha

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Dalian offers hope …but naphtha continues to climb

By Malini Hariharan

The good news for polyolefin producers is that prices in China are inching up supported by an upward movement in the key linear low-density polyethylene (lldPE) futures contract on the Dalian Commodity Exchange (DCE).

The arbitrage window …

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Are you feeling the pinch?

By Malini Hariharan

With crude oil at around $88/bbl and naphtha hitting $890/tonne cfr Japan on Monday, the pressure is building up along the olefins chain.

Ethylene is trading at around $1200/tonne cfr NEA while propylene is at $1280/tonne cfr …

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Saudi ethane price revision to be delayed?

By Malini Hariharan

The much talked about revision in Saudi ethane prices may not take place in 2012. In a recent report on the Middle East petrochemical sector analysts from Nomura expected the current price of $0.75/mmbtu to continue until …

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Kuwait plans another cracker

By Malini Hariharan

Despite doubts about availability of gas, its cost and viability of using naphtha or other feedstocks, companies from the Middle East are continuing to plan new petrochemical projects.

The latest is Kuwait’s Petrochemical Industries Co (PIC) which …

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Asia awash with aromatics

By Malini Hariharan

Excess availability of product continues to trouble Asian aromatics markets. Commissioning of new plants and reluctance to cut operating rates has resulted in a steady build up of stocks over the last few months.

Take the case …

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Searching for balance

By John Richardson and Malini Hariharan

Cautious optimism first gave way to mounting anxiety over the prospects for the second half of this year, but now the mood surrounding China’s polyolefins market is downright pessimistic.

“It is going to take …

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Price slide intensifies

By Malini Hariharan

The weakness in Asian markets is spreading with steep drops also being reported in olefin prices.

Ethylene prices dropped by $160-170/tonnes last week while propylene declined $90-110/tonne, writes my colleague Soo Hwee, ICIS pricing editor for olefins.…

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Indonesia is back on the projects scene

By Malini Hariharan

After a decade of inactivity since the Asian financial crisis, Indonesia is once again drawing attention. Two news reports indicate that companies are evaluating major investments in refining and petrochemicals.

Taiwan’s Chinese Petroleum Corp (CPC) is said …

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No More Gas For Saudi Private Cos – Industry Source

Ras Tanura in Saudi – private companies bunkered by feedstock shortage?

By John Richardson

The gas feedstock shortages in Saudi Arabia – which we have commented on before – are such that no private company will receive any allocations in …

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India’s petchem projects dilemma

By Malini Hariharan

I have been doing my annual exercise of compiling major petrochemicals projects in India and as usual there not too many.

Making a case for investing in a cracker in India has never been easy and the …

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