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Asian Chemical Connections

Crude, Demand Destruction & Irresponsible Bankers

  Source of picture: www.walletpop.com     By John Richardson In his own words Paul Hodges of International e-Chem – and also a fellow blogger – puts in a nutshell some of the dangers confronting the chemicals industry as we approach the New Year, with a few interspersed further thoughts from this blog: “If crude […]

The more the merrier

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Sumitomo Chemical and Saudi Aramco appear to be in a generous mood. After successfully launching the first phase of their joint venture and starting work on the second phase the two are willing to welcome others to the Rabigh party. Pic source: Saudi […]

Naphtha Highest Level For More Than A Year

 Shelf-space to be in short supply again? Source of picture: www.zrdata.com   ASIAN naphtha prices hit their highest level for more than a year yesterday – reaching $701/tonne CFR Japan for second-half December open-spec material on “improved market conditions”. Earlier this week we picked up more reports of bleak demand in styrenics and fibre intermediates that […]

Qatar-Shell Sing Deal Feedstock, Investment Options

Singapore’s Jurong Island Source of picture: www.pcs.com   Qatar Petroleum International (QPI) sees Singapore as a good base for expanding in to the Far East, said CEO Nasser Al-Jaidah yesterday after the announcement of the new partnership with Shell. QPI and Shell signed a series of agreements on Wednesday to jointly own 50% of Petrochemical Corporation of […]

Qatar Petroleum buys into Singapore petchems

Just picked up on the interesting news (not sure how big a deal this is) after attending one of those long interminably-long internal planning meetings. But on this occasion we at least were discussing something useful – not just the new colour for the carpet in reception. So why has Qatar Petroluem bought into Petrochemical […]

What the flipping heck is going on?….

…….and no trite Public Relations-speak answers, please!!!   This is not me, by the way, (my computer is an older model) but the expression about sums it up www.scienceblogs.com   No matter where you seem to turn these days, whether it’s to the refinery industry or to any chemicals production chain, the story is more or […]

Reliance-LyondellBasell talks resurface

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Talk of Reliance Industries acquiring LyondellBasell is once again gaining momentum. A report in today’s Economic Times says that the company is close to announcing a major overseas acquisition with the target being part of the assets of LyondellBasell. The announcement is likely […]

For Hands That Don’t Want To Do Dishes

  Buy now, pay later…. Source: www.examiner.com Note: There is a special prize for the first blog reader who can explain the above headline.   In the 2001 recession, US consumer spending slowed but did not fall, and picked up again very quickly. In the early 1990s, it dipped a bit but returned to pre-recession […]

A fight to the finish

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) The Indian government has announced 17 November as the date for a public hearing to discuss the provisional anti dumping duties that it had imposed in June on imports of polypropylene (PP) from Saudi Arabia, Singapore and Oman. The hearing will give a […]

Time to look inward

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) It pays to have a domestic focus and Reliance Industries has shown this again in its results for the first half of fiscal 2009-10. Its petrochemicals division delivered Rs43bn in earnings before interest and taxes (EBIT), a 23.8% growth over the same period […]

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