Entries from Chemicals & The Economy tagged with 'NEA'
US PE exporters face more competition in Brazil
As promised, the blog looks today at the performance of US polyethylene (PE) exporters in Brazil. It was the fastest-growing of the major markets in 2011, as the wider economy benefitted from China's demand. Since 2008, Brazil's PE net imports...
US exports to China fall, as cost advantage grows
US petchem producers are planning a major boost to ethylene capacity. They now have the 2nd cheapest feedstock in the world, due to ethane from shale gas. The only question is, where will they sell their product? Ethylene, of course,...
China's PE market down 2.5% in H1
China's surging demand led the chemical world out of recession and into boom territory. Its 53% increase in polyethylene (PE) demand between 2008 - 2010 (up 6.2 MT), was typical of the support it provided. But H1 2011 has not...
China's PE imports slip: Middle East gains market share
China has been the main source of chemical and polymer demand growth over the past 2 years. But newly released trade data suggests its import volume on core products such as polyethylene may now be reducing, as more domestic capacity...
Middle East, Chinese, petchem capacity starts to arrive
The blog spent a fruitful afternoon last week, going through ICIS news reports of cracker start-ups in the Middle East and China. The chart above is the fruit of its labours, which shows that 4.8MT of ethylene capacity started up...
Japan's exports fall record 49%, China builds inventory
Japan's auto exports tumbled 71% in February, and its US exports fell 58%, causing total exports to decline 49%. Imports also fell 43%. Exports to China, however, were 'only' down 40%. And other NEA exporters, more dependent on Chinese markets,...
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