Tag Archives | steam cracking

Asian Polyolefins Profits To Test 2012 Lows As Global Economy Slows

By John Richardson

PETROCHEMICALS are a great barometer for economic growth as they are the raw materials for so many finished goods. So, if petrochemicals producers see their profits slip, this provides an early signal that something is wrong with …

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Asian Polyolefins Markets Still Indicate Economic Slowdown

By John Richardson

ANOTHER week has led to another fall in Asian polyethylene (PE) and polypropylene (PP) prices despite higher naphtha feedstock costs on stronger crude oil.

Pricing has been weak since the Lunar New Year Holidays, (15-21 February). Market …

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Asian Petchems Profits Could Test Historic Lows In 2018

By John Richardson

THE ASIAN steam cracker business has struggled to pass on higher oil prices as the above chart further underlines. As you can see, high-density polyethylene (LLDPE) injection grade spreads including selected co-products have slipped over the last …

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Asian Naphtha Cracker Spreads To Fall By 50% In 2018

By John Richardson

ASIAN naphtha cracker operators will see a 50% decline in average spreads, or differentials, between their raw-material costs and finished product prices in 2018 compared with last year, according to my forecasts in the above chart. This …

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How US Could Be Squeezed Out Of Europe’s Polyethylene Market

By John Richardson

EARLIER this year a commonly held view was that globalisation would slip into reverse gear with the very real prospect of a global trade war.

But this view didn’t take into account China’s One Belt, One Road …

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China’s Pollution/Economic Campaign To Reshape Petchems

By John Richardson

I BELIEVE that China’s environmental crackdown will continue to disrupt petrochemicals and polymers markets for the next few years.

This is not a temporary phenomenon that will largely go away with the end of the September 2017-March …

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The LPG Cracking Myth Debunked

We are deeply ashamed of ourselves….

 

 

By John Richardson

AT the risk of boring you completely senseless let us once again return to the subject of liquefied petroleum gas (LPG) and its likely usefulness as a cracker feedstock over …

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