Home Blogs Asian Chemical Connections

Asian Chemical Connections

Flood Of LPG Supply On The Way

Here is another article on the liquefied petroleum gas (LPG) market, a subject we have covererd several times on the blog over the last few months. Below we discuss how the temporary supply constraints that have kept LPG tight this year look set to end, creating a very attractive feedstock option for higher-cost Asian cracker […]

Japan More Competitive Than You Might Think

 Tokyo at nightSource of picture: liveworldtours.com       By Malini Hariharan it is easy to write off the Japanese petrochemicals industry which has for long struggled to find a solution to the dual pressure of rising global competition and an anaemic home market. Japanese companies, once at the forefront of the Asian industry, have […]

Long-term Shift In LPG Cracking Economics

  Source of picture: the truth about cars   By John Richardson WHEN my fellow blogger Malini Hariharan once asked a particularly unhelpful individual who used to track polyethylene (PE) markets what was going on, his only response was “conditions are volatile”. And so as you kick-off this fine and sunny morning (at least it is here […]

Fingers Crossed For No Double-Dip Recession

    The Risk Of Exhausted Optimism Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/   By John Richardson Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with DeWitt & Co. “My analysis suggests that if economic growth continues into 2011 at the […]

It helps to have the right partner

By Malini Hariharan And Sumitomo Chemical has discovered this. The company recently said that PetroRabigh, its joint venture with Saudi Aramco in Saudi Arabia, has managed to secure fresh ethane allocation of 30m scf of ethane for a second phase of projects. Ethane is running short in Saudi Arabia and getting an allocation, even a […]

Optimism as China returns

By Malini Hariharan The China market appears to have started the year of the tiger on a strong note. We are not yet hearing a roar but at least it is not a whimper. Pic source: Xinhua A polyolefin market participant says that traders have started making enquiries after the Lunar New Year holidays. End-users […]

Is China Targeting Polyolefin Re-export Market?

By John Richardson MORE evidence that China will not remain as easy a sink for surplus polyolefin volumes – especially in the case of the higher-cost importers – is emerging. “There are plans to open a bonded warehouse in Guangdong province to sell RMB material converted into US dollar product,” a Singapore-based polyolefin trader told me […]

China PVC Capacity Binge Clobbers Northeast Asia

By John Richardson CHINA’S capacity expansions in industries including steel, aluminium and petrochemicals continue to astound. Take polyvinyl chloride (PVC) for example., where, according to a new report by ChemSystems, “capacity (in China) has expanded from 5m tonne/year in 2003 to over 15m tonne/year in 2009, almost 90 percent of total global capacity expansion over […]

Jump to page: