US Petchems: The Bigger Picture

By John Richardson

Access to cheap feedstock, access to cheap feedstock and access to cheap feedstock might seem like the three most-important elements to any petrochemicals strategy.

Thus, for many in the US, adding capacity based on abundant and therefore …

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Butadiene An Extreme Example

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By John Richardson

BUTADIENE is an extreme example of what my fellow blogger Paul Hodges described yesterday as happening across several major petrochemicals markets.

Panicky buyers have, just as they did last year, “bought forward” in the hope that by …

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Europe Markets Lure Asian Polyolefins

By John Richardson

EXACTLY the same scenario is playing out in European polyolefin markets, as in Latin America and possibly the US, my ICIS colleague Linda Naylor reported last Friday.

High polyethylene (PE) and polypropylene (PP) prices in Europe have …

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Pricing To Struggle For The Rest of 2012

By John Richardson

Further confirmation of the themes we raised yesterday emerged from an interview with a senior polyolefin industry source, with some important new analysis.

Profitability in Asia is the worst of any of the three regions, he told …

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A Palpable Sense Of Panic

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By John Richardson

THE blog has sought to add to the debate during the four years it has been operating by thinking around the big macro-economic issues, and constantly keeping in touch with our market contacts at “ground level” in …

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SABIC And Sinopec’s Trinidad Partnership

By Malini Hariharan

More news has emerged on the Trinidad methanol and methanol-to-olefins (MTO) project covered by the blog last week. Chinese major Sinopec is likely to be SABIC’s partner for the $5.3bn project. The two companies are in negotiations …

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US Cooks The Golden Goose

By John Richardson

THE blog would sincerely like to find evidence that it has been wrong and report a strong, sustainable recovery in China’s polyethylene (PE) market.

Alas, however, the rise in pricing of around $100/tonne over the last four …

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It All Depends On Your Time Frame

By John Richardson

HOW long a recovery lasts is always relative to your investment horizons.

For example, if you are a day trader in the Dalian Commodity Exchange’s futures contract in linear low-density polyethylene (LLDPE), a rebound might only need …

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Honam’s next expansion

By Malini Hariharan

Honam Petrochemical’s plans for Indonesia appear to be progressing.

Company sources told ICIS news yesterday that a feasibility study is underway for a $4-5bn petrochemical complex in Southeast Asia with Indonesia the most likely location. The study …

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Methanol moves

By Malini Hariharan

Recent moves by methanol majors to boost their capacities have caught the blog’s attention.

Sabic’s chief financial officer Mutlaq al-Morished disclosed at a press conference yesterday in Dubai that the company is in talks for a methanol …

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