Tag Archives | Saudi Arabia

Saudi gas shortage and Iran gas price hikes

By Malini Hariharan

The gas shortage in the Middle East, especially Saudi Arabia, has been well documented with the situation expected to ease in the longer term once investments in new processing plants have been completed.

But in a recent …

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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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Dow-Aramco Set To Start Al Jubail JV

By Malini Hariharan

Dow Chemical appears to be ready to take a final decision on its huge cracker and derivatives joint venture with Saudi Aramco in Al Jubail, Saudi Arabia.

Media reports in the last two days indicate that the …

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Saudi Petchem Production Threatens Recovery

By John Richardson

RISING oil production in Saudi Arabia has resulted in bigger volumes of polyethylene (PE) being delivered into Asia-Pacific markets, a source with a major plastics processor told the blog late last week.

“Saudi Arabia has definitely, in …

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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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European PE, PP below Euros1,000/tonne

By John Richardson

JOURNALISTS are often accused of exaggeration for the sake a good story, but it is genuinely no exaggeration to say that markets are in free-fall.

Last week we reported on how European polyolefin pricing was on a …

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European Markets Weaken Further

By John Richardson

THE dreadful state of European polyolefin markets became even more evident late last week as prices continued their declines.

Discussions on further reductions in European olefin contract prices were also set to begin today.

High density polyethylene …

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Chemicals Buying & The IEA Decision

 

By John Richardson

CHEMICALS and polymer demand looks even less likely to be supported by “buying forward” following yesterday’s decision by the International Energy Agency (IEA) to release 60m barrels of crude into the market.

Here is a bit …

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Saudi Arabia’s energy challenge

By Malini Hariharan

Saudi Arabia’s growing oil demand is rapidly becoming a matter of concern for the country’s planners. A new report forecasts that the Kingdom could fail to meet domestic demand in 2030 if current consumption trends are maintained. …

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Saudi Petchem Output Increase

By John Richardson

YESTERDAY’S fractious OPEC meeting – where members were unable to agree on a proposal by the four biggest members to raise output – may not necessarily be good news for petrochemicals.

For a long time the industry …

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