Tag Archives | US refineries

Dow To Sell PP to Braskem

DOW Chemical is to sell its polypropylene (PP) business to Brazil’s Braskem for $340m, according to our colleagues at ICIS news.

The blog is digging around for the implications for Dow in Asia.

For the time being, however, here are …

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China’s Unstoppable Consumption Juggernaut?

 

 

The major long-term shift in US refinery economics and C3s

 

Source of picture: blueplanetgreenliving.com

 

 

By John Richardson

CHINA will account for around one-third of global polypropylene (PP) consumption by the middle of this decade, up …

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US-Asia PP Arbirtrage Remains Uncertain

By John Richardson

THE jury is out over whether the recent decline in US propylene prices will re-open arbitrage to Asia for polypropylene (PP).

Arbitrage for ethylene has remained strong with Dow Chemical disclosing that 20% of its US production …

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China Polypropylene Market Tightens

By John Richardson

Polypropylene (PP) appears to have become very tight in China over the last week as a result of a reduction in import availability and a resurgence in buying activity.

“PP is incredibly tight right now because the …

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Refinery Profit Squeeze Threat To Petchems

“Any Old Iron?”

Source of picture: http://www.investorfsbo.com/refinery.html

 

By John Richardson

A LONG-TERM shift in refinery economics is posing a major threat to petrochemical margins – along with the delayed supply crisis that’s likely to hit the industry at some …

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