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Asian Chemical Connections

Naphtha Highest Level For More Than A Year

 Shelf-space to be in short supply again? Source of picture: www.zrdata.com   ASIAN naphtha prices hit their highest level for more than a year yesterday – reaching $701/tonne CFR Japan for second-half December open-spec material on “improved market conditions”. Earlier this week we picked up more reports of bleak demand in styrenics and fibre intermediates that […]

What the flipping heck is going on?….

…….and no trite Public Relations-speak answers, please!!!   This is not me, by the way, (my computer is an older model) but the expression about sums it up www.scienceblogs.com   No matter where you seem to turn these days, whether it’s to the refinery industry or to any chemicals production chain, the story is more or […]

China Sept chemical import-surge data

More of the cheap stuff? Source of picture: www.thelocal.de   Some of the China import data for September is now available – showing record-high imports of monoethylene glycol (MEG), ethylene vinyl acetate (EVA), polyacetal, polycarbonate (PC). “I have given up trying to figure this out. There is not sufficient accurate information anywhere to read a […]

China’s chemical imports up – again!

By John Richardson We don’t have the actual data yet (hopefully, we’ll be able to give you the numbers later this week), but…… ……China’s commodity chemicals and polymer imports “continued to amaze” in September with monoethylene glycol (MEG) shipments hitting an all-time high, said Jean Sudol, president of US-based International Trader Publications Inc (ITP). “Imports […]

Western Polymers: Get Out Or Get Cleverer?

MOVING IN THE RIGHT DIRECTION (SORRY, OUCH….!) Source of Picture: www.autospies.com The automobile industry in the West has been bought more time by economic stimulus, as this article in The Economist points out. But some of the discussions at the Frankfurt International Motor Show, which takes place on 15-27 September, will be about the future […]

Benzene heads south – as predicted

Back from less-than-sunny Perth to discover that the prediction from my good friend and colleague Paul Hodges at International eChem has come true: Benzene has headed south because of: 1.) The rise in its pricing seems to have been out-of-kilter with what has happening downstream in styrene 2.) Traders credit might well have stampeded for […]

The insidious rise of the Internet….

“Bob, I think I we should give this up as I can’t get a wireless connection and I couldn’t be bothered to talk to anyone.” Source of Picture: Faculty.SMU.Edu . ……and the effect on the quality of data and analysis is one of my big concerns – particularly at a time like this when petrochemical […]

If I had a dollar for every time………

…….I had heard a company saying it was moving up the value chain (or rather a Euro or a British pound these days), I wouldn’t be writing this blog entry while smelling the wonderful aroma of pork sausages being cooked for my tea. Brown sauce and mash as well, of course. Can Dow Chemical make […]

Here we go again – 1997 is back…..

I sincerely hope not, but all the signs are there because of: *A financial crisis which nobody again saw coming, this time with global implications *What could prove to be too much spending on new equipment and capacity. This time high equity prices have paid for these investments rather than US dollar-denominated bank loans, as […]

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