The Thai Supreme Court’s decision to uphold a September injunction halting development of $12bn of petrochemical and power projects could affect the on-schedule start-up of capacities of a large amount of petrochemicals capacity. Note the word could because, despite the court ruling supporting claims by environmentalists about the impact of pollution at the site, PTT […]
Asian Chemical Connections
The Immediate Dubai Impact
On A Very Sticky Wicket www.theage.com.au By John Richardson As one my colleagues said – it’s a good job the US stock markets were closed for Thanksgiving. Lots of efforts are being made to talk the Dubai World crisis and down – and despite drops in Middle East market equities – Asian markets rallied […]
Unravelling China’s polyester market
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) China’s immense appetite this year for all petrochemicals has been puzzling many of us. This blog has been regularly asking questions and some answeres for the polyester and PTA markets were provided by YJ Kim of PCI Xylenes & Polyesters at the Indian […]
“Middle East To Control Basic Chems In 3-5 Years”
Abu Dhabi ahead in the race? Source of picture: www.gulftrackservices.com By John Richardson The global basic chemicals industry is likely to end up under the dominant control of the Middle East, and possibly Asia, within the next 3-5 years, a senior chemicals industry source told this blog. “We have known for a long time that […]
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 […]
More Questionable Chinese Data Clouds The Picture
It seems as if Lex of the Financial Times is finally catching up with this blog by questioning the validity of some of the official data coming out of China. We take this as a compliment. In today’s column it talks about how the total for first-half Gross Domestic Product (GDP) growth numbers for China’s 31 provinces […]
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 […]
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