Entries from Asian Chemical Connections tagged with 'Saudi Arabian petrochemicals'
Demographics And Saudi Arabia
Source of picture: Wikimedia Commons By John Richardson EIGHTY percent of Saudi Arabian families get by on incomes of less than $3,300 a month, whereas Saudi Aramco makes $900m of profits every day, says Leslie McCune, managing director of...
European Markets Weaken Further
By John Richardson THE dreadful state of European polyolefin markets became even more evident late last week as prices continued their declines. Discussions on further reductions in European olefin contract prices were also set to begin today. High density polyethylene...
Saudi Producers Remain Confident
By John Richardson THE optimism of Saudi Arabian petrochemical producers remains extremely high, according to an industry observer who spoke to the blog. One might think we were to some extent stating the blatantly obvious as their margins will...
Saudi Oil And Gas Supply - Anyone's Guess
By John Richardson SAUDI Arabia's crude-oil reserves may have been overstated by as much as 40% or 300bn barrels, according to this article on February 8 in the Guardian, based on cables between Saudi and US diplomats...
Oversupply In Petchems Still On The Way
Perhaps not just yet.... By John Richardson COULD it be that some chemicals industry players and observers, in the great galloping rush to join the supercycle stampede, have got ahead of themselves in predicting that we are already through the...
Saudi Feedstock Problems Worsen
SABIC headquarters in Riyadh Source of picture: france24.com By John Richardson The days when the price of future ethane supply in Saudi Arabia - at the time called an advantaged feedstock because nobody knew what else to do...
Aramco Confirms Ras Tanura Location Review
Here's a post from a guest blogger, my good colleague Prema Viswanathan - Deputy Managing Editor of ICIS pricing in Asia. Ras Tanura and Al-Jubail Source of picture: www.absoluteastastronomy.com By Prema Viswanathan A Saudi Aramco official has confirmed a...
Bright Future Predicted for Saudi Private Cos
Riyadh Source of picture: help.berberber.com By John Richardson PRIVATE Saudi Arabian petrochemical companies need not fret about the ethane-gas shortage that two sources had last week told us would hold up their development, according a third industry source we...
No More Gas For Saudi Private Cos - Industry Source
Ras Tanura in Saudi - private companies bunkered by feedstock shortage? By John Richardson The gas feedstock shortages in Saudi Arabia - which we have commented on before - are such that no private company will receive any allocations in...
Asia Olefins-Polyolefins To Stay Tight Till April
By John Richardson The tight supply olefin-polyolefin supply that has characterised markets since the first quarter of last year continues with no sign of relief for resin buyers until at least early April. But whereas production problems and start-up delays...
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