Jurong Island Source of picture: www.pcs.com.sg By John Richardson SINGAPORE plans to eventually raise its ethylene capacity to 6-8m tonne/year from the 4m tonne/year which will be reached when ExxonMobil’s second cracker complex at Jurong Island is on-stream, Liang Ting Wee, Director of Energy and Chemicals at the Economic Development Board (EDB), has told […]
Asian Chemical Connections
Qatar Petroleum, ExxonMobil Delay Qatar Cracker
By John Richardson Qatar Petroleum and ExxonMobil have delayed the start-up of their 1.6m tonne/year cracker and derivatives project in Qatar, my colleague Anna Jagger reported on ICIS news yesterday – quoting sources familiar with the project. This confirms an earlier media report to this effect – and adds the extra details that start-up of […]
Report: ExxonMobil Qatar Project In Doubt
Up In The Air? Source of picture: www.marcdussault.com.blog By John Richardson QATAR Petroluem and ExxonMobil have started talks to dissolve their partnership for a 1.6m tonne/year cracker project in Qatar, according to an article published earlier this week by the Middle East Economic Digest (MEED). The project, due for start-up in 2015, would have […]
Asia Resurgent On Refinery Integration
Source of picture: omniglobal.com By John Richardson A FASCINATING theme to emerge from last week’s Asia Petrochemical Industry Conference (APIC) in Mumbai was a growing belief in refinery integration in Asia as a means of being able to compete with the Middle East. Reliance Industries is planning a giant cracker complex based largely, […]
Ethylene Margin Feast On Borrowed Time
By John Richardson A remarkable feature of early 2010 has been the tremendous margins enjoyed by Asian ethylene producers. Profitability in February, up until the end of the second week, had been the strongest since 2001, according to my colleagues who produce the weekly Asian Ethylene and Polyethylene (PE) Margin Reports. We will provide some […]
Shell would like to build two MEG plants in Qatar
By John Richardson An ethane shortage is slowing Shell Chemicals’ ambitions for building at least one cracker complex in Qatar, Ben van Beurden, executive vice-president of the company said last week. “Ideally, we’d like to build two crackers and two OMEGA process plants on the scale of this one here in Singapore, but at […]
Has Shell Made The Right Choices on MEG?
Looking pretty – the new Shell plant at night: Sourceof picture: Shell Chemicals By John Richardson WHEN Shell Chemicals officially opened its OMEGA process 750,000 tonne/year monoethylene glycol (MEG) plant in Singapore today, it mentioned how its global production share of the fibre intermediate was only 7%. One might wonder how effective this is […]
Qatar-Shell Sing Deal Feedstock, Investment Options
Singapore’s Jurong Island Source of picture: www.pcs.com Qatar Petroleum International (QPI) sees Singapore as a good base for expanding in to the Far East, said CEO Nasser Al-Jaidah yesterday after the announcement of the new partnership with Shell. QPI and Shell signed a series of agreements on Wednesday to jointly own 50% of Petrochemical Corporation of […]
Qatar Petroleum buys into Singapore petchems
Just picked up on the interesting news (not sure how big a deal this is) after attending one of those long interminably-long internal planning meetings. But on this occasion we at least were discussing something useful – not just the new colour for the carpet in reception. So why has Qatar Petroluem bought into Petrochemical […]
Uncle Sam back from the dead?
Shell Chemicals, oil price, McKinsey, shipping costs,
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