By John Richardson POLYPROPYLENE (PP) producers and their customers, the plastic converters, are on the cusp of a great opportunity. Let’s start with the producers. The potential for low-priced propylene for several years to come will push PP prices down, thus giving PP the chance to gain market share from other polymers such as polystyrene, […]
Asian Chemical Connections
Not Since1992 Has Propylene Been So Cheap Versus Ethylene
By John Richardson EVER since we first started assessing Northeast Asia ethylene and propylene CFR spot prices, which was in November 1992, the market has never been like this. Propylene has never traded at such a big a discount to ethylene. To give you some details from the above chart, you need to break this […]
Cheap Oil Will Help You Sell A Million Tonnes Of Ethylene
By John Richardson TOMORROW’S winners will be those who recognise that oil, oil products such as gasoline and diesel and chemicals markets have changed for good. They will understand that this has generated a whole range of new opportunities to make a profit and to sell huge volumes of product. These two things are obviously […]
Propylene: How To Turn Oversupply To Your Advantage
The world has changed for good. Old ways of running petrochemicals businesses no longer work. Click here for details on an important new ICIS/International eChem study that will help you prosper in this radically different environment. And see below for a brief outline of one of the key themes that we shall explore in the […]
China, Polyolefins And The New Five-Year-Plan
By John Richardson CHINA is still a planned economy, but everything doesn’t always work out as planned – hence the above chart, which shows that: Installed ethylene capacity will by the end of this year be around 3.5 million tonnes/year lower than the government’s target of approximately 26 million tonnes/year. This was the capacity Beijing […]
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