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Asian Chemical Connections

BASF’s Kurt Bock Underlines The Major Changes In China

By John Richardson BASF CEO Kurt Bock has underlined some of the major shifts in the Chinese economy that I have been flagging-up for the last three years. He acknowledged, during a two-day investor event to mark the German chemicals giant’s 150th anniversary, that China’s GDP 2015 growth would likely be below  the official estimate And he also […]

China Auto Market Provides Clear Evidence

By John Richardson DESTOCKING is obviously not the main driver of the decline in China’s polyolefins market, despite what a dwindling band of optimists are still arguing. The glaringly transparent reason for the fallacy of the fading belief is a decline in key end-use markets for polyoleifins – and for other polymers and chemicals. Today […]

Petro Rabigh phase 2 and Aramco’s ambition

By Malini Hariharan Petro Rabigh, the Saudi Aramco and Sumitomo Chemical joint venture, has moved to the next round of its ambitious phase 2 expansion which includes a new aromatics facility and a number of value-added derivatives. Construction tenders for seven packages have been issued and bidding is due to close on 1 October. Tenders […]

Strong predictions for fibre intermediates

By Malini Hariharan The blog is back in action and would like to wish its readers the very best for 2011. The start of a new year is a time for forecasts. And ICIS pricing editors have been busy gauging industry expectations. The blog will start with the fibre intermediates chain today where, not surprisingly, […]

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