Tag Archives | US petrochemicals

Costly Oil Hurts US Industry

 

By John Richardson 

THE higher that oil prices go the more the US petrochemical industry’s margins have expanded.

Petrochemical prices are oil-driven and, therefore, have to go higher as crude becomes more expensive, whereas the cost of shale gas-based ethane …

Continue Reading

US Euphoria

By John Richardson

THE shale gas advantage, along with the revival of the US economy, made for a euphoric atmosphere at last week’s International Petrochemicals Conference (IPC)* in San Antonio, Texas.

China was only a blip on the corner of …

Continue Reading

Confidence And Petrochemicals

By John Richardson

CONFIDENCE is a strange thing. It can be derived from solid reasons for optimism over the future or from temporary factors that can rapidly disappear.

And what is the value of publicly-expressed confidence? Is it often politically …

Continue Reading
BrazilPEImportsQ12012.jpg

A Tough Q2 For The US

 

By John Richardson

THE hard numbers, in the chart above, support anecdotal evidence we have been picking up for over a month of increased Asian polyethylene (PE) exports to Brazil and other Latin American countries.

It also confirms reports …

Continue Reading

Turning The US Story On Its Head

By John Richardson

THE big US petrochemicals story at the moment is, of course, shale gas and the potential it offers for the local industry to substantially expand capacity.

This would, in theory, give producers a strong position to export to …

Continue Reading

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 …

Continue Reading

Pricing To Struggle For The Rest of 2012

By John Richardson

Further confirmation of the themes we raised yesterday emerged from an interview with a senior polyolefin industry source, with some important new analysis.

Profitability in Asia is the worst of any of the three regions, he told …

Continue Reading

US Cooks The Golden Goose

By John Richardson

THE blog would sincerely like to find evidence that it has been wrong and report a strong, sustainable recovery in China’s polyethylene (PE) market.

Alas, however, the rise in pricing of around $100/tonne over the last four …

Continue Reading
Presentation4.bmp

Petchems And The Non-Profit Motive

By John Richardson

AS 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 …

Continue Reading
GTISJan2012.jpg

Five Essentials For Planners

By John Richardson

POLYETHYLENE (PE) industry planners need to factor in the following as they prepare for 2012:

1.) Oil prices are causing demand destruction in the global economy. They could go higher due to the Iranian nuclear crisis. In …

Continue Reading