By Malini Hariharan More details have emerged on Petro Rabigh’s second phase which conforms to Saudi Arabia’s product diversification strategy. The Kingdom is steadily expanding its presence in the aromatics chain and Petro Rabigh’s plans include 800,000-850,000 tonnes/year of paraxylene (PX) and 200,000-400,000 tonnes/year of benzene. The PX is likely to be consumed locally as […]
Asian Chemical Connections
It helps to have the right partner
By Malini Hariharan And Sumitomo Chemical has discovered this. The company recently said that PetroRabigh, its joint venture with Saudi Aramco in Saudi Arabia, has managed to secure fresh ethane allocation of 30m scf of ethane for a second phase of projects. Ethane is running short in Saudi Arabia and getting an allocation, even a […]
Disappointment in India…speculation on Rabigh
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) The 17 Nov public hearing arranged by the Indian government at Delhi to discuss provisional anti dumping duties levied on PP imports from Saudi Arabia, Singapore and Oman was postponed at the very last minute causing a great deal frustration among lawyers and […]
The more the merrier
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Sumitomo Chemical and Saudi Aramco appear to be in a generous mood. After successfully launching the first phase of their joint venture and starting work on the second phase the two are willing to welcome others to the Rabigh party. Pic source: Saudi […]
Caution is the name of the game
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Japanese chemical majors have raised their sales and profit forecasts for the second half of the fiscal year ending 31 March 2010, but the revisions are marginal and companies are still holding a conservative outlook. Earnings in the first half of this fiscal […]
A drowning man will clutch onto anything
Peak Oil, Deutsche Bank, gas pricing, coal-o-chemicals, coal gasification, PetroRabigh, Saudi Aramco, Sumitomo Chemical
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