Tag Archives | propylene

A quick recovery for butadiene

By Malini Hariharan

Asian butadiene prices are once again on their way up, rising over 20% in the last two weeks.

Prices last week were at $1,900/tonne cfr Northeast Asia, up from a low of $1,500-1,600/tonne cfr Northeast Asia in …

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Restocking lifts polyolefins prices

By Malini Hariharan

Polyolefins prices in the key China markets inched up last week thanks to an uptick in buying activity.

Prices of high-density polyethylene (HDPE) blow moulding and film grades moved up $20/tonne while linear-low density PE prices were …

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Propylene To Stay Expensive

By John Richardson

A DEBATE is taking place over whether the price of propylene will decline to its traditional discount versus ethylene.

In Europe, propylene prices went above ethylene for the first time ever during the second quarter of 2010. …

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China looks for LPG

By Malini Hariharan

The blog has been trying to get more information on what’s driving Chinese interest in liquefied petroleum gas (LPG)-based petrochemical projects.

Plans for eight propane dehydrogenation (PDH) plants have already been announced and more could be in …

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PDH spreads in China

By Malini Hariharan

After methanol-to-propylene (MTP), Chinese companies are racing to build propane dehydrogenation (PDH) plants with eight new projects announced over the last three months.

The blog estimates that PDH projects with a total propylene capacity of 4.6m tonnes/year …

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Formosa up but not out of the woods yet

By Malini Hariharan

Operations at the Formosa group of companies in Mailiao, Taiwan, are slowly resuming but the group faces an uphill task in regaining public and government confidence in its ability to run plants safely.

There have been seven …

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Rocky road ahead

By Malini Hariharan

Asian polyolefin producers confront yet another challenging week.

The macro environment suggests that implementing price hikes for September cargoes will be difficult. Stock markets around the world continue to be jittery with concerns about a US recession …

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Yet another week of price corrections

By Malini Hariharan

Asian petrochemical markets continue to face downward pressure on concerns about the health of the global economy. Market sentiment for most products remains poor with buyers in no rush to resume purchases.

Polyolefin markets closed last week …

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The False Promise Of US Petrochemicals?

By John Richardson

THE remarkable shift in the competitive landscape of petrochemicals resulting from shale gas was highlighted yesterday in an excellent post by our fellow blogger, Paul Hodges.

Drawing on data from the NPRA, with analysis from the ICIS data …

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Korea escapes from China slowdown

By Malini Hariharan

The blog has been scanning equity analyst reports of South Korean companies and has noticed that earnings expectations for the year are being revised upwards despite market uncertainties.

Companies such as S-Oil are expected to benefit from …

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