Tag Archives | US

Methanol moves

By Malini Hariharan

Recent moves by methanol majors to boost their capacities have caught the blog’s attention.

Sabic’s chief financial officer Mutlaq al-Morished disclosed at a press conference yesterday in Dubai that the company is in talks for a methanol …

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Fresh US sanctions to target Iran petchems

By Malini Hariharan

The US is looking to introduce fresh measures targeted at the petrochemicals industry.

The specifics of the new sanctions are not yet available but the goal, says this report, is to bar foreign companies from doing business …

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Restocking lifts polyolefins prices

By Malini Hariharan

Polyolefins prices in the key China markets inched up last week thanks to an uptick in buying activity.

Prices of high-density polyethylene (HDPE) blow moulding and film grades moved up $20/tonne while linear-low density PE prices were …

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Marcellus shale cut down to size

By Malini Hariharan

The blog has been reading with interest a recent report about the Energy Information Administration (EIA) cutting its estimate of the Marcellus shale gas reserves by 80% following a recent study by the US Geological Survey (USGS).…

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Cotton corrects; will polyester follow?

By Malini Hariharan

After last year’s stunning rise, cotton prices have plunged 53% in the last four months from a 140-year peak of $2.15/lb on 4 March.

Prices have fallen 38% in July with cotton for December delivery quoted at …

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Banking on gas

By Malini Hariharan

Is the International Energy Agency (IEA) being extremely bullish in predicting a ‘golden age’ for natural gas over the next 25 years?

In a recently released report (available here) the IEA forecasts a 55% growth in global …

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To frack or not to frack…

By Malini Hariharan

…is a debate that has starting moving out of the US. A desire for energy independence has seen countries like Poland to embrace shale gas with the government welcoming US companies to quickly develop the country’s reserves, …

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Will the US lead the next olefins wave?

By Malini Hariharan

A few weeks back after a post on the rise of shale gas the blog was asked a question about new petrochemical investments in North Americas. Were they feasible? Would ethane prices remain attractive for the long …

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China outlines shale gas ambitions

By Malini Hariharan

With all the buzz around shale gas in the US the blog is not surprised to read that China is also turning to this unconventional source of gas.

The country is looking to start shale gas production …

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One more US expansion

By Malini Hariharan

The shale gas based ethane rush in the US continues with Westlake Chemical the latest to announce big expansions at its two crackers in Lake Charles, Louisiana.

Each of Westlake’s two light feedstock crackers will be expanded …

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