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Asian Chemical Connections

Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader risks that I’ll discuss at the end of this blog post. Back in February, Aramco […]

Global Polypropylene In 2018-2025: What To Plan For

By John Richardson THIS could be an excellent investment opportunity. Our ICIS Supply and Demand Database base case for Asian and global polypropylene (PP) operating rates sees the steady and steep climb that began in 2014 carrying on until a peak in 2020. In that year, global operating rates will reach 94% and Asian capacity […]

China Plans 13 New Crackers In Move Towards PE Self-Sufficiency

By John Richardson DETAILS are emerging of what could be as many as 13 new crackers in China that would all be on-stream very probably by 2025. I originally thought only around ten new crackers would be built by that date. This offers further support to my argument that it is perfectly possible that China will reach “effective” self-sufficiency […]

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