Tag Archives | US petrochemicals

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US Chemicals Still Behind 2007

 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 …

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KPMG Warns Of US Overcapacity

 

By John Richardson

A management consultancy has gone on the record to warn about what the blog has been warning about for months: That the US petrochemicals industry is in danger of pushing itself into oversupply.

KPMG, in a …

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US Chemicals Slowdown

US PE contract pricesBy John Richardson

THE American Chemistry Council’s Mid-Year Situation and Outlook Report, which was released this week, helps explain the background to the weakness in demand seen in the US polyethylene (PE) market.

What goes for PE …

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China Jan-May PE Demand Declines

By John Richardson

THE chart above, from data provided by Global Trade Information Services, further confirms that all hope of any substantial growth in China’s commodity grade polyethylene (PE) market during 2012 needs to be given up. Companies, and chemicals investors, …

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Northeast Asia PE Weakest Margins

 

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 …

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US Polyethylene Targets China

 

By John Richardson

SIGNIFICANT volumes of US polyethylene (PE) are heading to China as the States attempts to compensate for weaker domestic sales, understands the blog.

Despite the fall in US prices, margins remain strong, creating arbitrage opportunities.

US …

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US-China Trade Disputes Threat

By John Richardson

CHINA’S 15.3 percent increase in exports in May, far greater than most analysts had expected, is being interpreted as a sign of the country’s enduring economic strength.

This is certainly good news for China amidst all the …

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China PE Demand Falls Six Percent

By John Richardson

The 6% decline in apparent polyethylene (PE) demand in China from January to April this year, compared with the same periods in 2011 and 2010, underlines what market participants have been telling the blog for many months.…

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Feedstock Assumptions A Risk

By John Richardson

THE feedstock landscape can change very rapidly as the shale-gas revolution amply demonstrates.

But the assumption, right now, is that the landscape will not undergo any further radical changes. As a result, as much as 7.65m tonne/year …

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APIC: US Feedstock and Asia Optimism

By John Richardson

FEEDSTOCK advantages in the US and the continued economic rise of Asia were some of the themes of last week’s Asia Petrochemical Industry Conference (APIC) in Kuala Lumpur, Malaysia.

Steam crackers are being planned in abundance in …

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