Tag Archives | ethane

Middle East set to increase ethane feedstock prices

The era of massive feedstock cost advantage for the chemical industry may be coming to an end. According to a report out today from bank HSBC, a review is expected to gradually push natural gas prices up from $0.75/mmbtu up to $2/mmbtu by 2015.  With US natural gas prices falling to around $4mmbtu thanks to […]

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Could chemicals benefit from European shale gas?

Shale gas has helped push the price of US natural gas and ethane to historically low levels, increasing the competitiveness of the chemical industry there. Until now it has seemed that European chemical producers have developed a structural feedstock disadvantage as it relies mainly on naphtha which is tied to oil prices.  Now, according to […]

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Time for a new US cracker as ethane advantage grows?

US ethane-based petrochemical producers such as Dow Chemical, LyondellBaselland Westlake Chemical will enjoy a long term feedstock advantage over Asian and West European naphtha exposed manufacturers such as BASF, Hanwha and Honam Petrochemical, according to US-headquartered analysts Alembic. New methods of extracting shale gas mean that the US should have enough natural gas to supply […]

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Qatar’s North Field gas moratorium might never be lifted?

Petrochemical projects all over the Middle East depend on availability of ethane. In particular, any further developments long term at Ras Laffan in Qatar and at Borouge 3 in Abu Dhabi are dependent on further gas allocations.So I read with interest a piece on the informative Global Arab Network which suggests the moratorium might never […]

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