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Asian Chemical Connections

South Korea To Raise C2 Capacity By 9.2 Percent

By John Richardson SOUTH Korea is set to raise its ethylene and propylene capacities by 700,000 tonne/year and 740,000 tonne/year by 2013, Seo Kyung Sun, executive director of the consulting business of Seoul-based Chemical Market Research Inc (CMRI) told the blog last week. Downstream expansions in polyethylene (PE), polypropylene (PP) and ethylene vinyl acetate (EVA) […]

The LPG Cracking Myth Debunked

We are deeply ashamed of ourselves….     By John Richardson AT the risk of boring you completely senseless let us once again return to the subject of liquefied petroleum gas (LPG) and its likely usefulness as a cracker feedstock over the coming years. The reason why we keep going on and on about this subject […]

Polyolefins Supply Surge Warning – Yet Again

By John Richardson A GREAT deal more polyolefins supply is expected to hit the Asian markets over the next few months resulting in what two chemicals analysts tell the blog will be depressed margins up until March next year. After that the analysts – one in Singapore and the other in South Korea – predict […]

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 both the Morgan Stanley report, and one from Merrill Lynch which is in a similar […]

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