Tag Archives | oil prices

Crude Oil Prices In 2018: Impact On Naphtha-Based Polyethylene

 

By John Richardson

I WILL explain the full significance of the above charts for the Asian and global polyethylene (PE) industries later on this is post.

In short here, though, a great deal hinges on next year’s oil prices, …

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Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson

THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader …

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China To Now Raise Ethylene Capacity By 84% As Self-Sufficiency Drive Accelerates

By John Richardson

SINCE my last update on 18 September, our ICIS China team have discovered a further 2.4m tonnes/year of ethylene capacity being planned in China via the steam cracker process (see the updated table above, with the changes …

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Peak Oil Demand Opportunities For Petchems Are Being Over-Hyped

By John Richardson

THERE is a lot of excitement about new petrochemicals feedstock opportunities resulting from the approaching end of the road for the internal combustion engine, the rise of the electricity battery car and the related arrival of Peak …

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China To Raise Ethylene Capacity By 71% In Major Self-Sufficiency Drive

By John Richardson

CHINA could raise its ethylene capacity by as much as 71% and its propylene capacity by at least 21%, according to my latest analysis of a major new wave of naphtha, ethane and LPG crackers. The above …

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China And Aramco IPO: Win, Wins From A Closer Relationship

By John Richardson

NO SMOKE without fire? Perhaps, as there more and more reports that China will buy into next year’s Saudi Aramco IPO.. This would further cement already strong economic and geopolitical ties between China and Saudi Arabia. It …

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China To Drive 55% Of Global Polyethylene Growth In 2007-2017….

.…Major risks ahead from this over-dependence on China

 

By John Richardson

FOLLOWING on from my post on Friday, which showed almost exactly the same story for polypropylene (PP), see the above chart detailing the importance to the global polyethylene …

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China Drives 58% Of Global PP Growth, So What’s Your Plan B?

By John Richardson

THIS IS a great example of putting most of your eggs in one basket! Polypropylene (PP) shareholders are entitled to ask what Plan B is if China can no longer deliver as much as 58% of the …

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China Growth Slows On Collapse In Shadow Bank Financing

By John Richardson

YOU should print-off the above chart and stick it on your chemicals company boardroom wall. From fellow blogger Paul Hodges, it shows the collapse in credit issued via China’s shadow banking system.

It is the shadow banking …

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Stock Market Threats Far Wider Than Just North Korea

By John Richardson

LAST WEEK’S steep fall in global stock markets was of course the result of rising US-North Korea geopolitical tensions. Some $1 trillion was wiped off equity values. We obviously all hope that the geopolitical tensions will ease.…

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