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Asian Chemical Connections

Disappointment in India…speculation on Rabigh

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) The 17 Nov public hearing arranged by the Indian government at Delhi to discuss provisional anti dumping duties levied on PP imports from Saudi Arabia, Singapore and Oman was postponed at the very last minute causing a great deal frustration among lawyers and […]

US Dollar Carry Trade Threat To Chemicals

Stay cool and don’t panic! Source of picture: www.wired.com     By John Richardson THE growth of the carry trade US dollars – leading to a sharp depreciation of the greenback and possibly of many other unintended consequences – represents a major threat to the chemicals industry in 2010. Any corporate planner with her or […]

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 […]

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 […]

Challenges for chemicals trading in Q4

The views of two Singapore-based chemicals traders explain some of the fundamental shifts in production, logistics and demand since the economic crisis began. “I have done reasonable business this year and made quite good returns, but volumes are way down,” said the first of these two traders, who deals in toluene and mixed xylenes (MX). “Cracker-based […]

How do Asian cracker operators compete?

Source of Picture: www.autospies.com Not an easy answer and not one much suited to a few paragraphs of blogging. But here’s one thought as the competitive environment becomes a great deal more difficult due to new Middle East capacity and the potential for China to move towards self-sufficiency in polyethylene and polypropylene: Have a chat […]

Don’t You Wish You Could Be Yourself?

Picture: The Daily Mail Ok, I lied – I am having trouble getting back into my petrochemicals bubble and so this post is not about polypropylene. Apologies to all those disappointed C3 H6 molecules out there. I was sharing lunch with a highly demotivated Singapore-based chemicals industry employee recently and the great British 1970s sitcom, […]

If manufacturers started buying up their suppliers….

This excellent article from The Economist about vertical integration got me thinking that if, say, auto makers start buying up parts suppliers in developed markets (in developing markets the plastics processing industry is too fragmented) we could end up facing a whole new set of industry dynamics. Buying up your supplier, or at least offering […]

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