Tag Archives | polymers

Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson

THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader …

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Four Billion Tonnes of Plastic Waste And Counting: The Threat To Petchems Growth

By John Richardson

THE world will have produced a total of 6.9bn tonnes of the 11 synthetic polymers I’ve detailed in the above chart between 1978, when our data begins, and the end of 2017.

Using the assumptions behind an …

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China Compensation

By John Richardson

A MAJOR Southeast Asian polyethylene (PE) producer has reduced its percentage of exports to China from 30-40% in 2012 to just 10% so far this year, a source with the producer told the blog on the sidelines …

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As Oil Rises Demand Weakens

By John Richardson

A barrel of Brent crude oil cost $88.49 a barrel in June. Yesterday, it was trading at $116.55 a barrel.

In the intervening period the global economy has substantially weakened, most notably in the case of China, …

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Don’t shoot the messenger

By Malini Hariharan

There is a lot of free price information and advice available to Indian polymer buyers via emails and SMSs. The gist of the messages these days is that the Chinese market is weak, international and domestic prices …

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Iran Remains Optimistic On Exports

                                    Dubai crucial for Iran

 

By Malini Hariharan

The blog recently had an opportunity to talk to a few Iranian companies and was impressed by their sanguine approach to the challenges posed by the new round of sanctions.

This too …

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Petchem markets on a bull run

By Malini Hariharan

The Chinese are back from their holidays and they are buying. This coupled with supply constraints and firm crude prices is fuelling a surge in petrochemical prices.

Paraxylene (PX) prices hit a 2-year high this week on …

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Port congestion hits Saudi shipments

By Malini Hariharan

The blog is hearing a number of reports about delays in polymer shipments from Saudi Arabia because of port congestion. This is being attributed to a shortage of containers and labour ahead of Ramadan.

“It is now …

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Chinaplas: Optimism, consolidation, new plant start-ups and more

By Malini Hariharan

Chinaplas has just concluded and my colleagues have filed some great reports from Shanghai.

Worries about a margin squeeze in the second half of the year persist but polymer producers seem to be increasingly confident about long-term …

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Polymer trading – a great investment opportunity?

By Malini Hariharan

I recently met a businessman at a dinner party. After exchanging the usual greetings he eagerly disclosed his plans for a new business venture – trading in polymers.

“There will be three of us in this business; …

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