Tag Archives | polyester

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The Purified Terephthalic Acid Sweet Spot

By John Richardson

WHEN is a recovery a sustainable recovery? This a key question for chemicals companies as they prepare their budgets for 2014.

What has happened this year in both polyethylene (PE) and the polyester chain has surprised some …

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China’s Polyester Industry And The New Big Picture

Source: ICIS supply and demand database

 

By John Richardson

THE polyester chain in China is a good example of the dangers of assuming that the big macroeconomic picture will remain more or less unchanged.

Large amounts of purified terepththalic …

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Polyester Another Victim Of Hype

By John Richardson

SEVERAL major petrochemical companies only have one scenario for China, which is that its economy will continue to grow at a rapid rate, the blog has been told by people working for these companies.

Similarly, as fellow blogger …

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Reliance Goes Boldly

Source: ICIS

 

By John Richardson

Reliance Industries is going boldly (no split infinitives here) where nobody has gone before: It is to build a cracker, which could eventually produce 1.6m tonne/year of ethylene, based entirely on off-gas feedstock supplied …

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Cotton In Uncharted Territory

 

 

By John Richardson

POLYESTER producers, and their raw-material suppliers, enjoyed a huge boost to their profitability between October 2008 and March 2011 when cotton prices increased by 468 percent from 40 cents/lb to $2.27/lb.

This led to polyester …

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China Polyester Chain Weakens

By Malini Hariharan

The polyester chain is feeling the strain of poor Chinese demand.

Weak export demand and Chinese government policy are also impacting this sector, as is the case in polyolefins.

A further factor behind the problems in the polyester …

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More PTA for India

By Malini Hariharan

India trails far behind China in the polyester business but there is growing interest in new investments that also extends upstream to purified terephthalic acid (PTA).

The latest entrant to the projects listing is Thai major Indorama …

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Weak margins hit earnings

By Malini Hariharan

It is the results season and numbers posted so far confirm that the last quarter has been rough with depressed demand, weak product prices and firm feedstock costs affecting earnings.

Siam Cement Group’s EBITDA for the chemicals …

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IOC Defers PX/PTA, Proceeds With Acetic Acid, Butene-1

By Malini Hariharan

The blog continues with a review of Indian projects.

State-owned refinery major Indian Oil Corp (IOC) has deferred its paraxylene (PX) and purified terephthalic acid (PTA) projects at Vadodara in Gujarat state, to post 2015.

“The project …

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Polyester still booming

By Malini Hariharan

The blog has been listening to some interesting presentations on the polyester chain at the Indian Petrochem – 2011 conference in Mumbai.

The global economic slowdown does not appear to have dampened prospects for polyester demand.

“Demand …

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