By John Richardson HERE we go again. The above chart shows how the spread between CFR Japan naphtha costs and CFR Northeast Asian (NEA) butadiene prices has been steadily climbing over the last few months. In January of this year it reached $2,277/tonne – historically very high but still some distance from the all-time high […]
Asian Chemical Connections
Butadiene: Only The Supply Side Logic Adds Up
By John Richardson LOGICALLY, yes, if you look at the supply side only, there seems to be a strong case for on-purpose butadiene production. Here is why: US cracker operators have substantially lightened their existing cracker feedstock slate and, of course, all of the country’s new crackers that are due on-stream over the next 5-10 […]
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