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Asian Chemical Connections

Qatar Petroleum in Algerian cracker jv

By Malini Hariharan Qatar Petroleum’s (QP) ambition to extend its global reach has taken the company to Algeria. QP is reported to have picked up a 10% stake in the Total-Sonatrach joint-venture petrochemicals project at Arzew, Algeria. The entry of QP would result in a dilution of Total’s stake in the project to 41% with […]

Port congestion hits Saudi shipments

By Malini Hariharan The blog is hearing a number of reports about delays in polymer shipments from Saudi Arabia because of port congestion. This is being attributed to a shortage of containers and labour ahead of Ramadan. “It is now takes us 25-30 days to get material out of Saudi Arabia as against the usual […]

Managing expectations

By Malini Hariharan A spurt in Chinese buying enquiries in the last few days has awakened hopes in some quarters of an upturn in polyolefin pricing with one trader predicting a $50-70/tonne rise in the coming weeks. The prediction, he says, is based on his experience with the commodity cycle – as buyers in China […]

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