Tag Archives | Sinopec

Sleepless in Riyadh

By Malini Hariharan

CEOs of Asian petrochemical companies worried about rising feedstock costs, a weak economic outlook and profitability should have been reassured to read over the weekend that even Mohammed Al-Mady, vice-chairman and CEO of Sabic is having sleepless …

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Scenarios For China Refining & Petchem Output

By John Richardson

IF exploration and production (E&P) is the dog and refining the tail on the dog, poor old petrochemicals is merely a flee on the tail of the dog, goes the old saying.

Hence last November we reported …

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December Polyolefin Price Rises Flounder

“I am so happy to be supporting polyethylene film pricing”….

Source of picture: Canada-China Agriculture and Food Development Exchange

 

By John Richardson

IT looks as if attempts by polyolefin producers to raise prices for December deliveries have, as we …

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The Strange Story of China Rate Cuts & Emissions

By John Richardson

A rumour emerged a few weeks ago that Sinopec would be required by the government to cut its operating rates in order to either or both help China achieve its 11th Five-Year Plan emissions targets and/or increase …

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China, Russia To Boost Iranian Ethylene Trade?

Iran’s South Pars gas field

Source of picture: www.petropars.com

 

By John Richardson

THE ability of Iran to further exploit its huge natural gas reserves – and in so doing maintain ethylene exports at constant levels throughout the year – …

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PO demand slows, will prices slide?

By Malini Hariharan

After a fairly steady climb Asian polyolefin markets have hit the pause button.

Demand for polyethylene (PE) and polypropylene (PP) in China and Southeast Asia has weakened but this development has so far been balanced out by …

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When Does Consolidation Become A Strategic Problem?

All our yesterdays… the ICI Runcorn site in its heyday

Source of picture: Chesterchronicle.co.uk

 

 

By John Richardson

Yesterday’s blog post on Petronas illustrates once again how the state-owned giants, albeit in this case one that is about to …

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China PE, PP Weakness Set To Continue

Europe and China: A two-tier market is hard to bear…

Source of picture: blog.pinkcakebox

 

By John Richardson

CHINA’S polyolefin pricing is likely to remain under downward pressure over the next few months as a result of a persistent inventory …

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Aromatics get complicated

By Malini Hariharan

Asian aromatics markets are getting increasingly hard to read not merely because of volatile crude prices.

Demand, usually strong at this time of the year, has so far failed to materialise. The US gasoline season has started …

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Sinopec and Iran’s NPC Sign Investment MOU

Out of the investment deep-freeze?

Source: tehrandaily.wordpress.com

 

By John Richardson

A VERY interesting story from my colleague Bee Lin Chow on ICIS news today reports the signing of a memorandum of understanding (MOU) between Sinopec and Iran’s National Petrochemical …

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