Trusted market intelligence for the global chemical, energy and fertilizer industries
By John Richardson
ONE of Sinopec’s subsidiaries, Shanghai Petrochemical, has weighed-in to the debate over US shale gas by warning that cheap petrochemicals imports from the States could erode the whole of China’s competitiveness.
“We can’t tell how severe the …
By John Richardson
CHINA’s new leaders are under increasing pressure to do something about the dreadful pollution that blights the lives of hundreds of millions of people.
One Shanghai resident told the blog, “The air quality is so bad here …
A woman wearing a mask looks across the Pudong on 16 January this year
Source of picure: Zuma/Rex Features
By John Richardson
A DISPUTE between state-owned refiners Sinopec and PetroChina and environmental regulators serves as a good example of …
……..Significant Commercial Production “At least Ten Years Away”
By John Richardson
A US-China Shale Gas Training Programme has been launched by the independent White House agency, the US Trade & Development Agency (USTDA).
An initial $378,000 will be invested to …
“The state advances as the private sector retreats…” The table below shows the size of China state-owned enterprises versus some other corporate giants.
Source of table: The Economist. ICBC is the Industrial and Commercial Bank of China.
By John …
Source of table: The Economist
By John Richardson
WHEN you are an energy giant such as Shell you can afford to explore multiple avenues in an effort to profit from China’s long-term energy needs.
Thus Shell re-affirmed last week …
By John Richardson
US chemicals production remains way below its pre-crisis 2007 level but production in Asia-Pacific, after a brief blip in 2009, continues to soar, according to these charts from the American Chemistry Council.
Whereas US producers have carried …
Source: ICIS pricing Weekly Asian PE Margin Report
By John Richardson
The slide above shows how Northeast Asian naphtha-based polyethylene (PE) producers are struggling as a result of the weak China market (dark blue bars).
And it confirms …
By Malini Hariharan
The drama continues in the Asian butadiene market. Bids this week are about $100/tonne lower than sellers’ price ideas, writes Helen Yan in an ICIS news report. Buying indications have dropped to $3,350-3,400/tonne CFR Northeast Asia.
Butadiene prices …
By John Richardson
CHINA’s coal reserves will last only another 38 years at their present rate of extraction, according to Kai Pflug, CEO of Shanghai-based consultancy, Management Consulting – Chemicals, in this article from ICIS Chemical Business.
This suggests that …
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