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Asian Chemical Connections

Nova Chems Company Of The Year

By Nigel Davis The ICIS Company of the year award goes to NOVA Chemicals, a company that has risen phoenix-like from near bankruptcy to produce a healthy set of financial results in 2011. Underlying its performance is the backing of a strong investor – the Abu Dhabi International Petroleum Investment Company (IPIC) – canny management […]

Misplaced Euphoria Threatens Industry

By John Richardson THE euphoria sweeping through the US petrochemicals industry seems to indicate strong support for the “supercycle” theory. Some of the comments made during the first-quarter results season certainly point that way, as does the upbeat mood of presentations made to investors over the past few months. A consensus view appears to have […]

Finding a home for Marcellus ethane

By Malini Hariharan A few weeks back the blog had highlighted the problems related to the disposal of ethane at the Marcellus Shale in northeast US. Shale gas producers in the region are in a fix as ethane needs to be removed to meet pipeline specifications for transporting gas. However, there is no infrastructure or […]

The changing world of gas

By Malini Hariharan The blog has recently written about gas availability in the Middle East and upcoming changes to pricing which have big implications for the petrochemicals business. But the global gas market is seeing wider changes and these have been excellently summarised by The Economist. The key development has been the rise of shale […]

“Middle East To Control Basic Chems In 3-5 Years”

Abu Dhabi ahead in the race? Source of picture: www.gulftrackservices.com By John Richardson The global basic chemicals industry is likely to end up under the dominant control of the Middle East, and possibly Asia, within the next 3-5 years, a senior chemicals industry source told this blog. “We have known for a long time that […]

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