Entries from Asian Chemical Connections tagged with 'Formosa Petrochemical Corp'
Chem Companies Face Funding Crisis
By John Richardson A collapse in the price of oil would expose petrochemicals producers, buyers and traders who have built- up stocks. They built up inventories because oil was on the way up earlier this year. And they...
Formosa's troubles deepen, markets rally on supply concerns
By Malini Hariharan The latest accident at Formosa Petrochemical Corp's (FPCC) refinery at Mailiao, Taiwan, on Sunday is adding to the bullish sentiment in markets for key petrochemicals. A fire in the propylene recovery unit has forced the company to...
Managing expectations
By Malini Hariharan A spurt in Chinese buying enquiries in the last few days has awakened hopes in some quarters of an upturn in polyolefin pricing with one trader predicting a $50-70/tonne rise in the coming weeks. The prediction, he...
Asian Ethylene, PE Declines Continue
By John Richardson ASIAN ethylene and polyethylene (PE) margins both fell last week - a further indication that the Chinese market remains weak. Bonded warehouses are still full of PE as a result of high imports in March at...
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