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Asian Chemical Connections

US Chemicals Slowdown

US PE contract pricesBy John Richardson THE American Chemistry Council’s Mid-Year Situation and Outlook Report, which was released this week, helps explain the background to the weakness in demand seen in the US polyethylene (PE) market. What goes for PE will, of course, apply to the rest of the US petrochemicals business. In the case […]

Saudi Worries About China Netbacks

    By John Richardson Here is the first of a three blog posts on what is happening in China’s polyolefins markets. Today, we look at the Middle East and tomorrow and Thursday we present the perspective of traders and Western-headquartered polyolefin producers. The series is in response to what we believe is a turning […]

Qapco studies expansion and Echem looks to Sabic

By Malini Hariharan Investment activity is picking up in Qatar. After Total, Shell and ExxonMobil confirmed their interest in new projects, Qatar Petrochemical Co (QAPCO) is talking on expanding its cracker. The company is working on expanding its 720,000 tonne/year cracker to 900,000 tonnes/year by the first quarter of 2014, said QAPCO’s board director and […]

Qatar says there will be one more cracker

By Malini Hariharan Qatar has reconfirmed its commitment to build more petrochemical plants including a new worldscale cracker. At a ceremony to mark the start of construction of Qapco’s new ldPE project, the deputy premier and minister of energy and industry said Qatar was launching an aggressive plan to achieve optimal utilization of the country’s […]

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