Who Might Buy Sunoco Chemicals?
December 17, 2008
US Sunoco puts chemicals business up for sale | www.icis.com
Sunoco Chemicals is the largest US producer of phenol and a significant producer of polypropylene. These are very large businesses in the trough of a downturn. Which companies might have the foresight to entertain this kind of acquisition?
Plastic Price Weaknesses Due to Demand, Not Cheap Supply
October 8, 2008
Sharp drop in prices of imported Polyethylene into Europe (6-10-2008) | www.plastemart.com
Polymer prices are beginning to fall in Europe with supply on its way from the Middle East. However, it is the weak demand driving down prices, not the cheap supply from new Middle Eastern plants.
Investing in the Chemical Industry
September 10, 2008
As Buyout Bust Turns Bitter, A Major Deal Lands in Court | online.wsj.com
Private investment firms have supported dynamic growth in the chemical industry.
The Petrochemical Industry Returns to Profitability!!!
August 8, 2008
EVENING SNAPSHOT - Americas Markets Summary | www.icis.com
Ethylene producers have returned to profitability. While ethylene prices are dropping quickly, feedstock prices are dropping faster. While heavy feedstock cracking may still be negative, the overall industry (median margins) are back in positive territory. Derivative margins are quite strong.
High Costs Begin to Take Their Toll on Asian Ethylene Produce
July 2, 2008
Japan's Asahi Kasei to cut ethylene plant runs-Nikkei | beta.ph.news.yahoo.com
Japanese ethylene producers are beginning to reduce operating rates to adjust to market conditions. Because of their relative high costs in Asia, Japanese producers are the marginal suppliers. As they reduce production, we see the deepening of the trough hit Asia.
Excellent step to capture the grwoing market early
July 1, 2008
CCL packaging expands in Asia | www.cosmeticsdesign.com
Need to be - cost effective - short runs - quick turnaround
Housing Market Drags on PVC, Sends Caustic Soaring
June 11, 2008
Japan's Shin-Etsu: no sign of U.S. housing recovery | biz.yahoo.com
The hopeless housing market puts US PVC makers in a very poor position. Global PVC capacity is up, and prices and margins are falling. New capacity will toughen the market conditions on a global basis. In the meantime, falling chlorine consumption is sending caustic prices higher.
June 2, 2008
Dow Chemical hikes prices 20 percent, citing energy | news.yahoo.com
Dow seeks to lead the industry to try to recover the increase in energy costs. An across the board increase makes sense if energy costs have equal effect on manufacturing costs. The move certainly gives them another opportunity to raise the awareness of energy prices on chemical producers.
Plastics Markets are Softening, But There is Hope for Plastics Economics
May 15, 2008
Graham Packaging net sales up 8 per cent | www.prw.com
First quarter results from converters confirm that demand for plastics packaging materials is down. The good news is that higher revenues are attributed to thier ability to increase prices. If converters have pricing power in the market, this should be good news for resin producers.
Power costs are THE key to chlor-alkali margins
April 30, 2008
Grangemouth firm in deal with British Energy | business.timesonline.co.uk
Energy costs are the most important input to chlor-alkali production costs. Companies who have advantaged energy contracts, like those with low cost hydroelectric power, have a significant cost advantage in the market. If Ineos can secure discounted electricity supplied to their operations in Runcorn, they pull closer to competing with hydroelectric power supplied firm, particularly in northern Europe.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012