Tag Archives | petrochemicals

PEMay82012.png

Polyolefins And China Real Estate

 

By John Richardson

SOME polyolefin companies continue to present an optimistic picture of markets to investors.

They point to positive factors such as renewed economic stimulus in China and a recovery in auto production in Thailand following last year’s …

Continue Reading

Costly Oil Hurts US Industry

 

By John Richardson 

THE higher that oil prices go the more the US petrochemical industry’s margins have expanded.

Petrochemical prices are oil-driven and, therefore, have to go higher as crude becomes more expensive, whereas the cost of shale gas-based ethane …

Continue Reading

Europe Markets Lure Asian Polyolefins

By John Richardson

EXACTLY the same scenario is playing out in European polyolefin markets, as in Latin America and possibly the US, my ICIS colleague Linda Naylor reported last Friday.

High polyethylene (PE) and polypropylene (PP) prices in Europe have …

Continue Reading

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 …

Continue Reading

The Risks Of Being An Outlier

By John Richardson

THE blog has been mystified throughout this year over why senior industry executives appear to remain “in denial” over the weakness of global petrochemicals markets.

Time and again we have heard the comment that the falls in …

Continue Reading

The Murkiest Of Outlooks

By John Richardson

LACK OF visibility over what the New Year will bring for the global chemicals industry is a key feature of just about every conversation held with industry executives at the moment.

Perfect forecasting is, of course, always impossible, but …

Continue Reading

Fresh US sanctions to target Iran petchems

By Malini Hariharan

The US is looking to introduce fresh measures targeted at the petrochemicals industry.

The specifics of the new sanctions are not yet available but the goal, says this report, is to bar foreign companies from doing business …

Continue Reading

US PE Exports To Flood China

By John Richardson

SPENDING time with your customers is always a good idea, but doing so seems to have become even more important during a very difficult year for China’s polyolefins business.

The reason is a split between the fortunes …

Continue Reading

Oil demand set to slip, will prices follow?

By Malini Hariharan

The International Energy Agency (IEA) has once again trimmed its oil demand forecast for 2011. And rising fears of a sustained global economic slowdown have also prompted the agency to cut the forecast for 2012.

The IEA …

Continue Reading

Cosy Platitudes Are Not Enough

By John Richardson

DO you trust your government to always get it right?

The answer in the case of the West is “of course not”, but in China’s case the publicly-expressed assumption still holds that the economy is being effectively …

Continue Reading