Tag Archives | Middle East

Middle East petrochemical producers move up the cost curve

Just how far up the global ethylene cost curve will Middle East crackers go? One Wall Street analyst sees dramatic cost escalation for producers in Saudi Arabia, Qatar and Iran as ethane supplies dry up and feedstock costs rise, especially for mixed feed crackers that use ethane as well as liquefied petroleum gas (LPG) – […]

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The petrochemical supply tsunami is on its way!

BY JOHN RICHARDSON/SINGAPORE It has been an amazing 18 months in global petrochemicals and plastics during which the tsunami of new supply from Asia and the Middle East has been constantly delayed. This, along with deep operating cuts by Western producers, has created tight markets. The industry has further benefited from Chinese demand growth that has […]

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