Tag Archives | SABIC

Yansab results reflect Saudi gas problems

By Malini Hariharan

Yansab posted a net profit Saudi Riyal (SR)502.4m ($134.0m) in the second quarter, its first full quarter of commercial operations. However, results could have been better if its plants had run at full capacity.

Analysts at NCB …

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Surge in Saudi-US PE Exports Reported

Heading West,,Jeddah’s container port


Source of picture: http://ofwngayon.com/home/?p=257


By John Richardson

SABIC has increased its exports of PE to the US in response to high pricing and what could be weaker demand in China, a source with a …

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No More Gas For Saudi Private Cos – Industry Source

Ras Tanura in Saudi – private companies bunkered by feedstock shortage?

By John Richardson

The gas feedstock shortages in Saudi Arabia – which we have commented on before – are such that no private company will receive any allocations in …

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Some more surprises for polyolefins

By Malini Hariharan

The Wednesday post on this blog highlighted some of the unexpected turns that the Asian polyolefins market has been taking.

There have been more developments over the last two days that are likely to influence markets in …

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Has Shell Made The Right Choices on MEG?

Looking pretty – the new Shell plant at night:

Sourceof picture: Shell Chemicals


By John Richardson

WHEN Shell Chemicals officially opened its OMEGA process 750,000 tonne/year monoethylene glycol (MEG) plant in Singapore today, it mentioned how its global production …

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China and M-E Delays To Offer More Market Support


As this updated table from my colleagues at CBI in China illustrates, cracker-complex delays in China have the potential to further stagger the arrival of new volumes into the market.


This follows the widespread problems in starting up …

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The world is round after all

Back in the heady days of 2006, I asked a group of five like-minded nerds what their favourite business book was.

They unanimously voted for The World Is Flat: A Brief History of the 21st Century by Thomas Friedman.

I …

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