Tag Archives | SABIC

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The Risks For US Petchems

 

By John Richardson

THE US petrochemicals industry might be in danger of being lured into old thinking about the future direction of the global economy as a result of abundant shale gas.

Despite the short-term markets gloom which we …

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Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

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Chem Q3 Results Show Flat Growth

By John Richardson

CHEMICAL company third quarter financial results point to what has been apparent at ground level for some time now – a struggle to achieve volume growth over 2010.

My colleague Nigel Davis, who edits in the Insight …

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Middle East Still Confident For Now

By John Richardson

Confidence among Middle Eastern petrochemical producers remains high because they obviously now that as long as oil prices do not collapse they will continue to make excellent money, said a chemicals analyst.

The blog believes that there …

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Polyolefins At A Tipping Point

By John Richardson

EUROPEAN polyolefin markets are at one of those fascinating tipping points following the recent price recovery.

Ethylene spot prices rebounded late last week with July sales much better than those in June, wrote Nel Weddle, European ICIS pricing …

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Sleepless in Riyadh

By Malini Hariharan

CEOs of Asian petrochemical companies worried about rising feedstock costs, a weak economic outlook and profitability should have been reassured to read over the weekend that even Mohammed Al-Mady, vice-chairman and CEO of Sabic is having sleepless …

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India PP dumping: The story continues

By Malini Hariharan

The fight against anti-dumping duties (ADD) imposed by India on polypropylene (PP) exported by Saudi Arabia, Singapore and Oman is not yet over.

Some of the major companies that face ADD have taken the matter to the …

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Saudi Crackers Could Soon Be At 100%

By John Richardson

SAUDI ARABIA’S crackers could soon be running at operating rates of 100% again following widespread reports quoting the al-Hayat newspaper that the country’s crude production is set to rise to 10m barrels a day in July. Al-Hayat, a Saudi …

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APIC Delegates Focus On Capacity

By John Richardson

THE article of faith publicly expressed at last week’s Asia Petrochemical Industry Conference (APIC) in Fukuoka, Japan, was that the current problems with demand in China and India were only temporary.

Discussions the blog held were packed …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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