Tag Archives | polyolefins

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Some more surprises for polyolefins

By Malini Hariharan

The Wednesday post on this blog highlighted some of the unexpected turns that the Asian polyolefins market has been taking.

There have been more developments over the last two days that are likely to influence markets in …

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Polyolefins And Football: An Historic Parallel?

Is history about to repeat itself?

 

 

Source of picture: www.vietbao.vn

The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd …

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Update 1: Reliance said to be offering $10-12bn

Reliance Industries – which is attempting to buy LyondellBasell – is offering $10-12bn, according to this report from Reuters quoting two sources with direct knowledge of the deal. 

This would be one of the biggest-ever acquisitions by an Indian company. In 2007, …

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Reliance Bid For LyondellBasell Confirmed

Reliance Industries has made an offer for LyondellBasell says an official statement released yesterday on the LyondellBasell website:

“LyondellBasell has received a preliminary non-binding offer from Reliance Industries Limited to acquire for cash a controlling interest in the company contemporaneously …

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To Cut Rates Or Not To Cut…

A Famous Ditherer

Source of picture: sarafinewordpress.com

 

Chasing higher oil prices and/or a response to the now long-running recovery in Chinese demand that’s become sustainable?

Not wanting to sound too much like the start of a famous Shakespeare soliloquy, …

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Challenges for chemicals trading in Q4

The views of two Singapore-based chemicals traders explain some of the fundamental shifts in production, logistics and demand since the economic crisis began.

“I have done reasonable business this year and made quite good returns, but volumes are way down,” said …

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All At Stake And At Sea For October

A bit like the fund managers who are anxious to keep the equities rallies going until the end of the year in order to protect bonuses, there must be a lot of petrochemicals people hoping pricing in our sector will …

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How do Asian cracker operators compete?

Source of Picture: www.autospies.com

Not an easy answer and not one much suited to a few paragraphs of blogging.

But here’s one thought as the competitive environment becomes a great deal more difficult due to new Middle East capacity and …

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The Philippines: Left With the Crumbs

“Here’s your entire allocation for this month”

Source of Picture: Adammakwright.wordpress

In the words of a plastics converter from the Philippines: “Markets are so tight at the moment that we are left to pick up the crumbs. Suppliers are concentrating …

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Excessive Confidence A Risk

Confidence along all the chemicals value chains is always a key issue because of the ability to aggressively manage inventories, according to the London-based chemicals analyst Paul Satchell.

So there’s the ever-present risk of sudden and very disruptive de-stocking. The …

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