Entries from Chemicals & The Economy tagged with 'paraxylene'
Supply shortages drive olefin market profitability
The above chart would have seemed unbelievable at any time in the past 30 years. It shows the performance of propylene and butadiene relative to ethylene. Not because it shows butadiene prices racing ahead relative to ethylene (green line). This...
Aromatics markets stumble
The aromatics market is a very liquid market compared to other chemical markets. It is an excellent leading indicator for industry pricing and volume trends, and forecast the current rally in April 2009. The chart above shows how Brent crude...
Japan's petchem exports focus on PX and styrene
The blog is still shocked by the terrible events in Japan. It would like to express its deepest sympathy to all those who have suffered loss. For those of us far away from the disaster, life has to go on....
Aromatics 'spreads' remain stable
Benzene has always been the blog's favourite indicator for the economic outlook. It has the most number of applications, due to its head-start in being a major product when coal was the main feedstock. Equally, paraxylene (PX) is an excellent...
Major changes underway in chemicals markets
This week's ICIS Chemical Business includes the blog's article on the changes taking place in global markets for ethylene, propylene, butadiene, benzene and paraxylene. These have a potential impact on buyers and sellers all the way down the various value...
Lower Western gasoline demand helps paraxylene
Paraxylene (PX) has been a great petchem success story over the past 30 years. This 4th post in the blog's series looks back at its history, and discusses how its future may develop. It is hard to remember that back...
Major changes underway in relative olefin pricing
Unprecedented changes are taking place in the relative prices of the main 'building block' petrochemicals. In turn, these could have major implications for downstream users, all along the key value chains. Today's post looks at the changes taking place in...
BP and Reliance
BP and Reliance Industries are both powerhouses in their own fields. BP’s new CEO, Tony Hayward, has just given his first interview in the new job. Comparing, and contrasting, his comments with last week’s AGM statement by Reliance’s Chairman, Mukesh...
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