By Malini Hariharan If you are moving a project to a new location then why not take some time to re-examine its configuration? That appears to be the thinking at Saudi Aramco and Dow Chemical for their proposed cracker and derivatives complex in Saudi Arabia. As reported on this blog recently, the mega petrochemical project […]
Asian Chemical Connections
Aramco Confirms Ras Tanura Location Review
Here’s a post from a guest blogger, my good colleague Prema Viswanathan – Deputy Managing Editor of ICIS pricing in Asia. Ras Tanura and Al-Jubail Source of picture: www.absoluteastastronomy.com By Prema Viswanathan A Saudi Aramco official has confirmed a Reuters report earlier this week that a change of location for the giant Ras Tanura […]
Bright Future Predicted for Saudi Private Cos
Riyadh Source of picture: help.berberber.com By John Richardson PRIVATE Saudi Arabian petrochemical companies need not fret about the ethane-gas shortage that two sources had last week told us would hold up their development, according a third industry source we spoke to today, who is based in the Middle East. “The private companies I’ve spoken […]
China Polyolefin Buyers Smell Blood……
…..but time to party for some thanks to re-exports to Brazil Source of picture: edgsgonesouth.com By John Richardson It’s a funny old world – or so it seems in poylolefins at the moment as traders re-export resin from China to Latin America and elsewhere. “I phoned up a trader in China the other day […]
Saudi Feedstock Pricing May Change Next Year
What’s the gas? Source of picture: wwww.arabianoilandgas.com By John Richardson SAUDI Arabian feedstock pricing arrangements for ethane, liquefied natural gas (LPG) and naphtha could change in 2011 – affecting the competitiveness of existing and future investments, two well-placed sources have told this blog. Ethane is currently still priced at around 75 cents/mBTU and […]
Asian propylene pricing heading for “a crash”
By John Richardson PROPYLENE pricing is heading for “a crash” in Asia as a result of spot supply increasing by around 20,000 tonne/month, a senior industry source has told the blog. Shell Chemicals will have a surplus 440,000 tonne/year of C3s from its Singapore cracker – in the process of starting up right now – […]
Disappointment in India…speculation on Rabigh
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) The 17 Nov public hearing arranged by the Indian government at Delhi to discuss provisional anti dumping duties levied on PP imports from Saudi Arabia, Singapore and Oman was postponed at the very last minute causing a great deal frustration among lawyers and […]
The more the merrier
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Sumitomo Chemical and Saudi Aramco appear to be in a generous mood. After successfully launching the first phase of their joint venture and starting work on the second phase the two are willing to welcome others to the Rabigh party. Pic source: Saudi […]
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 […]
Caution is the name of the game
By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Japanese chemical majors have raised their sales and profit forecasts for the second half of the fiscal year ending 31 March 2010, but the revisions are marginal and companies are still holding a conservative outlook. Earnings in the first half of this fiscal […]
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