Home Blogs Asian Chemical Connections

Asian Chemical Connections

US Threat To Asian Polyolefins

So far so good…lack of arbitrage in 2012 By John Richardson Despite a strong recovery in China’s polyethylene (PE) prices and sales over the last month-and-a-half, producers are viewing the coming year with great trepidation. One of the wild cards is how the US producers behave in 2013, as we also discussed in November. Faced […]

China Polyolefins Recovery Continues…..

…..For Now    By John Richardson RELATIVE to most of 2012 – when China’s polyolefins market was in dire straits – November, December and early January have been excellent for traders who took the right positions. At least one producer has also reporting a strong recovery in sales. “I thought there would be a mini-rebound […]

Indonesia’s “Great Moderation”

Graph prepared by The Economist   By John Richardson INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so – along with several other mainly domestically-demand driven Asian economies – is viewed as a haven of stability in an increasingly uncertain world. The country’s 2012 demand growth for polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) […]

Asia Top Ten Chem Companies

By John Richardson SINOPEC’s remarkable rise in the petrochemicals business continued in 2011 as it jumped two places in the ICIS Top 100 ranking, compared with 2010, to finish second overall, behind BASF. This was the result of a 28.9% rise in chemicals sales in local currency and a 34.9% increase when sales were measured […]

If You Build It They May Not Come

By John Richardson “You cannot just sit back and expect things to happen the way they have happened in the past, especially in emerging markets.” This insight from a senior Asian-based executive with a global polyethylene (PE) producer highlights the risks faced by the global industry as we transition to the New Normal. The executive […]

China PE Demand Weakness Continues

 By John Richardson LET’S put this into context: China’s polyethylene (PE) demand grew by 53 percent in 2008-2010. Growth during the first seven months of this year was just 1.7 percent over Januuary-July 2011, according to Global Trade Information Services (GTIS). And when compared with the same seven months in 2010 growth was flat, as the […]

A Game Of Two Halves

Source: ICIS   By John Richardson CHINA’S fibre intermediates industry could end of being a game of two halves in 2012, to use an old football (or soccer for the benefit of our America readers) cliché. The reason is that the first half of the year was characterised by very weak demand as the overall […]

How Green Is Gas?

By John Richardson THE blog has been attending the 25th World Gas Conference in Kuala Lumpur, Malaysia, this week where one of the themes repeated on numerous occasions has been the wonderful environment benefits of natural gas. Poor old coal and crude-oil have received short shrift as presentation after presentation has stressed how gas is […]

BASF Highlights Changes In Growth

  Martin Brudermüller Source of picture: BASF   By John Richardson “THE struggle over China’s future direction seems to be harder fought than we had imagined,” said BASF vice chairman Martin Brudermüller last Thursday, in a German newspaper interview. “There are very intensive discussions being held in China about the direction the country should take. […]

Polyolefins And China Real Estate

  By John Richardson SOME polyolefin companies continue to present an optimistic picture of markets to investors. They point to positive factors such as renewed economic stimulus in China and a recovery in auto production in Thailand following last year’s floods. But, as we said yesterday, those involved in the day-to-day grind of trying to […]

Jump to page: