By John Richardson China’s capacity to produce polyethylene and polypropylene will expand at a double-digit pace next year, while demand growth is expected to ease, says Longston Li, analyst at Shanghai-based CBI. CBI expects China’s polyethylene (PE) capacity would jump by 1.99m tonnes in 2010 to 11.1m tonnes, while its polypropylene (PP) capacity would increase […]
Asian Chemical Connections
Reliance-LyondellBasell talks resurface
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Talk of Reliance Industries acquiring LyondellBasell is once again gaining momentum. A report in today’s Economic Times says that the company is close to announcing a major overseas acquisition with the target being part of the assets of LyondellBasell. The announcement is likely […]
A fight to the finish
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) The Indian government has announced 17 November as the date for a public hearing to discuss the provisional anti dumping duties that it had imposed in June on imports of polypropylene (PP) from Saudi Arabia, Singapore and Oman. The hearing will give a […]
Time to look inward
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) It pays to have a domestic focus and Reliance Industries has shown this again in its results for the first half of fiscal 2009-10. Its petrochemicals division delivered Rs43bn in earnings before interest and taxes (EBIT), a 23.8% growth over the same period […]
What I Want to Know in H2 – Part One
How will this one run? Source of Picture: chemicals-technology.com In the 12 years I’ve been covering the chemicals industry I don’t think I have come across a time of such exceptional market muddle. The traders love it. As a wise man said to me the other day, “When I was a trader I only cared […]
Don’t You Wish You Could Be Yourself?
Picture: The Daily Mail Ok, I lied – I am having trouble getting back into my petrochemicals bubble and so this post is not about polypropylene. Apologies to all those disappointed C3 H6 molecules out there. I was sharing lunch with a highly demotivated Singapore-based chemicals industry employee recently and the great British 1970s sitcom, […]
Does anyone have a clue?
Cartoon: Peter Brookes, The Times Yes, this blog has gone staggeringly quiet over the last few weeks as I gained a life: I went home to the UK and mixed with some people who had no interest in or desire to know anything about polypropylene. Do you realise that there are some people out there […]
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