Tag Archives | Sinopec

Butadiene Set To Decline Further

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 …

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China Coal-to-Chems Challenges

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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US Petchems: The Bigger Picture

By John Richardson

Access to cheap feedstock, access to cheap feedstock and access to cheap feedstock might seem like the three most-important elements to any petrochemicals strategy.

Thus, for many in the US, adding capacity based on abundant and therefore …

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Europe Markets Lure Asian Polyolefins

By John Richardson

EXACTLY the same scenario is playing out in European polyolefin markets, as in Latin America and possibly the US, my ICIS colleague Linda Naylor reported last Friday.

High polyethylene (PE) and polypropylene (PP) prices in Europe have …

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SABIC And Sinopec’s Trinidad Partnership

By Malini Hariharan

More news has emerged on the Trinidad methanol and methanol-to-olefins (MTO) project covered by the blog last week. Chinese major Sinopec is likely to be SABIC’s partner for the $5.3bn project. The two companies are in negotiations …

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Petchems And The Non-Profit Motive

By John RichardsonAS the US contemplates raising its ethylene capacity by up to 29 percent by 2017, we would be fascinated to know whether the companies involved in these proposed expansions, and the “cheer leader” chemical industry observers spurring them …

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The Fragility Of the Recovery Story

By John Richardson

A VERY illuminating discussion with a Shanghai-located sales and marketing manager for a major Asian polyolefin producer reveals how the post- Lunar New Year “recovery” story being sold by the investment community is on even more shaky ground …

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China Refining: Where Is It Heading?

By Malini Hariharan

Yesterday’s post talked about refining capacity additions in China and India over the next few of years and how this will contribute to weak refining margins across the region.

The blog obtained a preview of a presentation …

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Constant Search For Feedstock Advantage

By John Richardson

AROUND $6bn worth of proposed petrochemical investments in Kazakhstan – the giant central Asian country with abundant oil and gas reserves – once again confirms the three most important factors for success: Feedstock, feedstock and feedstock.

“The …

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Last chance for Taiwan petchems

By Malini Hariharan

The Taiwanese government is once again talking of removing a ban on cracker investments by Taiwanese companies on the mainland.

The country’s minister of economic affairs said late last week that the government is willing to consider …

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