Tag Archives | OPEC


OPEC, China Inflation And Petchems

By John Richardson

OPEC’s decision to maintain crude quotas at current levels could give the banks further ammunition to manipulate opinion that the black stuff is genuinely in tight supply.

There is plenty of evidence that oil is, in fact, …

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Petchems And Tomorow’s OPEC Meeting

By John Richardson

THE next OPEC meeting – which takes place in Ecuador this Saturday (11 December) – is crucial for petrochemicals for two reasons.

Firstly, the crude market has turned bullish recently as a result of the early onset …

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Oversupply In Petchems Still On The Way

Perhaps not just yet….

By John Richardson

COULD it be that some chemicals industry players and observers, in the great galloping rush to join the supercycle stampede, have got ahead of themselves in predicting that we are already through the …

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US Petrochemicals A World Beater

Shell’s refinery and petchems complex in Deer Park, Texas

Source of picture http://www.msnbc.msn.com/


By John Richardson

THE excellent third-quarter financial results of the likes of Dow Chemical and LyondellBasell further confirm the extraordinary turnaround in the cost positions of …

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Facts, Fiction And Price-Rise Sustainability

Source of picture: tycoonreport.com



By John Richardson

This is a very dangerous time for petrochemicals producers as they attempt to separate real, sustainable demand from feedstock-cost related price rises and speculation.

A bubble – as we discussed yesterday …

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Supercycle Claims Dismissed

By John Richardson

THE Morgan Stanley Supercycle report, which we first blogged on last Friday, has created a big stir among the blog’s contacts.

 Click herefor a copy of the report RI_PETROCHEM_BLUEPAPER2010.pdf   

As we said in this ICIS news article on …

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Distorting The Outlook For 2011



Source of picture: http://www.intentblog.com

By John Richardson and Malini Hariharan

THE view from a particular geography, grade of polyolefin or end-use application might be distorting the outlook for 2011.

In China and India and other emerging markets demand …

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Ethylene Freight Rates Head For Collapse

“If I didn’t care what happens to you….”

Source of picture: www.sydbarrett.com


By John Richardson

AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the …

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Asian Ethylene Market Uncertainty Continues

By John Richardson

THE outlook for ethylene spot market availability remains muddled as a few weeks ago due to higher freight rates and uncertainties surrounding Middle East natural-gas feedstock supply.

Freight rates for all Middle East, Asia and West Mediterranean …

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Top 100 2010 logo.jpg

Picking The Winners And Losers


Source of picture: ICIS


By John Richardson

ICIS has just published its Top 100 listing for 2009, which, not surprisingly, reveals the nothing-short-of devastating impact of the global economic crisis on chemical company financial performances.

“Unprecedented operating and …

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