Tag Archives | Saudi Arabia

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Diminishing Returns From Middle East Projects

Downtown Riyadh

 

 

By John Richardson

As my fellow blogger Malini Hariharan wrote last week “the projects environment in the Middle East has irrevocably changed” and with it the rather glib and outdated assumption still being frequently made that …

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Indian PP producers benefit from strong growth

By Malini Hariharan

Indian polypropylene (PP) demand continues to remain strong with most end-use sectors showing good growth and it is local producers who are catering to the additional requirement.

Polypropylene (PP) demand is estimated to have expanded by 13% …

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Polyethylene Price Recovery Built On House Of Cards

 

Source of picture: keplarllp.com

 

By John Richardson

It always seemed as if the Asian polyethylene (PE) price rebound was built on a house of cards.

The Chinese economy is slowing down, the country’s domestic production has greatly increased …

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Saudi PP producers react; put pressure on India

By Malini Hariharan

The Gulf Petrochemical and Chemicals Association (GPCA) is speaking up on behalf of Saudi producers who are worried about the Indian government’s recent ruling on dumping of polypropylene (PP).

The Indian position, outlined in a disclosure statement, …

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Saudi Feedstock Problems Worsen

SABIC headquarters in Riyadh

 

Source of picture: france24.com

 

By John Richardson

The days when the price of future ethane supply in Saudi Arabia – at the time called an advantaged feedstock because nobody knew what else to do …

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Port congestion hits Saudi shipments

By Malini Hariharan

The blog is hearing a number of reports about delays in polymer shipments from Saudi Arabia because of port congestion. This is being attributed to a shortage of containers and labour ahead of Ramadan.

“It is now …

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Kuwait plans another cracker

By Malini Hariharan

Despite doubts about availability of gas, its cost and viability of using naphtha or other feedstocks, companies from the Middle East are continuing to plan new petrochemical projects.

The latest is Kuwait’s Petrochemical Industries Co (PIC) which …

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Saudi PP producers risk more dumping claims

By Malini Hariharan and John Richardson

Saudi polypropylene (PP) producers could potentially be hit by anti-dumping duties (ADD) and other duties from more countries if an Indian ruling on an ADD petition sets a legal precedent, said a senior trade …

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Yansab results reflect Saudi gas problems

By Malini Hariharan

Yansab posted a net profit Saudi Riyal (SR)502.4m ($134.0m) in the second quarter, its first full quarter of commercial operations. However, results could have been better if its plants had run at full capacity.

Analysts at NCB …

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India set to announce final ADD on PP

By Malini Hariharan

India’s long-running investigation into dumping of polypropylene (PP) from Saudi Arabia, Singapore and Oman is inching to a close. Final anti-dumping duties (ADD) are expected to be announced soon, say industry sources.

Affected producers have made their …

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