By John Richardson SAUDI ARABIA’S National Petrochemical Industrial Co (NATPET) has gone public over an issue that has worried Gulf Co-operation Council (GCC) petrochemical producers for several years now: The erosion of the GCC’s competitive advantage over the US. “There has been a migration of investment to the US that is a very clear threat […]
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 […]
ExxonMobil Formally Out Of Qatar C2s – Report
Qatar Builds Its Future Source of picture: The New York Times By John Richardson EXXONMOBIL and Qatar Petroleum have formally ended their agreement to build a $6bn petrochemical complex in Qatar, says a report by the Middle East Economic Digest. This follows the earlier MEED report that discussions to break-up the JV had […]
Dealing With The Middle East Logistics Challenge
Singapore’s container port Source of picture: www.gcaptain.com By Malini Hariharan and John Richardson A big challenge facing many companies that have built large polymer plants that are located far from key markets is how to move product most efficiently. These facilities have been built to take advantage of competitive feedstocks in regions such as […]
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