Source: ICIS Chemical Business By John Richardson SEVEN grassroots crackers are now being planned in the US, along with numerous ethylene derivatives facilities (see the above table). The mood at last month's the 38th American Fuel & Petrochemical...
By John Richardson OIL prices could fall to as low as $35-40 a barrel or might slip no further than $60-70 a barrel, depending on which analyst you belief. And we know of one global polyolefins company...
By John Richardson THE majority of chemicals analysts have yet to wake up and smell the coffee, according to an industry observer. "South Korean stocks have come off by 15-30% since their big recovery in January, but it is only...
By John Richardson FURTHER evidence of weakness in the Chinese economy has emerged via the polyolefins market. In an excellent Insight article, my ICIS colleagues Chow Bee Lin and Peh Soo Hwee say that China's plastics processors are resisting additional...
By John Richardson CONFIDENCE can be very relative. So, compared with late Q4 last year when global cracker and derivatives markets ground to a virtual halt, perhaps it was inevitable that January would see some kind of rebound in the...
By John Richardson EUROPEAN refiners are "awash with naphtha" as a result of long-term structural length and a lack of arbitrage, a petrochemicals feedstock purchasing manager told the blog yesterday. The decline in US gasoline demand (according to most...
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