Tag Archives | Reliance

India projects see more delays

By Malini Hariharan

The blog has been updating the status of Indian petrochemical projects and has found that many are running behind schedule.

Reliance Industries’ mega cracker at Jamnagar has yet to get off the starting block. The company is …

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PO demand slows, will prices slide?

By Malini Hariharan

After a fairly steady climb Asian polyolefin markets have hit the pause button.

Demand for polyethylene (PE) and polypropylene (PP) in China and Southeast Asia has weakened but this development has so far been balanced out by …

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LyondellBasell court hearing deferred to 12 Jan

Yesterday’s crucial court hearing to determine whether LyondellBasell would have until 6 September 2010 to solicit votes for its reorganization plan has been adjourned to 12 January.
It means some more waiting for Reliance Industries which is said to be …

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Twists expected in the LyondellBasell-Reliance story

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

Reliance’s bid for LyondellBasell is likely to be a long drawn out affair with potential for complications from competitive bids.

I talked to some sources familiar with the …

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Dow fit with Reliance makes the most sense

Reliance is building the world’s first cracker that will be entirely fed by off-gas from its huge refinery expansion at Jamnagar. This technology has been used before, but never on this scale because nobody has had enough refinery capacity to …

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Oh my goodness, when will it end?

We heard about this rumour last year, but it’s emerged again – Reliance is now said to be in advanced discussions for acquiring Nova Chemicals. Nova’s Alberta-based cracker and PE production might be attractive because of pretty competitive, locked-in gas …

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Could Pride Come Before A Fall?

This article from Reuters highlights the danger of overpaying for assets in the current India M&A frenzy.Perhaps its point about the overall of over-confidence is valid, especially given that previous deals were small scale. Other Indian companies, following Tata Steel’s …

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I told you so – Reliance firms up Jamnagar cracker

I had a feeling in my bones that Reliance was laying the groundwork for a major project announcement with its endlessly bullish forecasts about the Indian market (see my earlier blog ‘Is India about to crash?’).
And low and behold, …

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