Tag Archives | US petrochemicals

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 …

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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 …

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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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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 …

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Saudi Gas Costs Head Higher

By John Richardson

SAUDI Arabia’s petrochemical producers could soon, or may already, be paying $1.50-2.00/mmBTU for their ethane supplies.

“We are not sure whether the proposed increase from $0.75/mmBTU will take place from 1 January this year or from early 2013, …

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Conventional Thinking Revisited

By John Richardson

CONVENTIONAL thinking is that when you have a strong feedstock advantage, you should go ahead and build more petrochemicals capacity on the assumption that growth will eventually be sufficient to absorb volumes.

Hence, several more green-field crackers …

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The Risks For US Petchems

 

By John Richardson

THE US petrochemicals industry might be in danger of being lured into old thinking about the future direction of the global economy as a result of abundant shale gas.

Despite the short-term markets gloom which we …

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Chemicals Companies Sleepwalking Into 2012

By John Richardson

CHEMICALS companies appear to be sleepwalking into a crisis as bad as 2008 because they have sacked their in-house economists and take what they want to hear from official bodies such as the Federal Reserve, the International Monetary …

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US And Europe Polyolefins Raise Exports

By John Richardson in Houston, Texas

DESPERATELY weak polyolefin demand in both the US and Europe is resulting in an increased focus on export markets.

The US market appears to be in particularly severe distress with, as we discussed last …

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US PE Exports To Flood China

By John Richardson

SPENDING time with your customers is always a good idea, but doing so seems to have become even more important during a very difficult year for China’s polyolefins business.

The reason is a split between the fortunes …

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