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From basic to specialty, and everything in between
“Decisive Actions” Needed for GCC Chemicals
Posted on December 15th, 2017 by Jonathan López in Chemicals Industry News and Analysis
The traditional reliance of the chemical industry in the GCC region on cheap and plentiful feedstock is no longer a guarantee for competitive performance. “Changes are necessary” to remain a global chemical powerhouse, according to the chairman of the Gulf Petrochemicals and Chemicals Association (GPCA). Continue reading ““Decisive Actions” Needed for GCC Chemicals” »
Naphtha Margins Pushing Petchem Profits Higher in 2017
Posted on December 1st, 2017 by Nigel Davis in Chemicals Industry News and Analysis
Margin data supplied by Shell to investment analysts show why petrochemical producers continue to ride high. In the third quarter, most other petrochemical sector players joined the energy major in reporting still healthy cracker margins. Continue reading “Naphtha Margins Pushing Petchem Profits Higher in 2017” »
Chemical Price Index Falls 2.6%, Reflecting Lower Crude Prices
Posted on July 27th, 2017 by Nigel Davis in Chemicals Industry News and Analysis
Significant price volatility for some petrochemicals over the past few months has overshadowed steadier trends more closely related to crude oil and overarching market direction. Continue reading “Chemical Price Index Falls 2.6%, Reflecting Lower Crude Prices” »
Asia’s next shift in petrochemicals to be led by China and India
Posted on June 2nd, 2017 by Joseph Chang in Chemicals Industry News and Analysis
While a good amount of buzz at the Asia Petrochemical Industry Conference (APIC) in Sapporo, Japan, on 18-19 May was on the coming wave of US ethylene and derivatives capacity and its potential impact, Asia itself is undergoing major structural shifts with implications for global markets. Continue reading “Asia’s next shift in petrochemicals to be led by China and India” »