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Eurasian polymer and derivatives markets have reduce the price

Published on:2015/1/30 11:21:04

Keyword:Petrochemicals, ethylene, resin, PET, ethylene glycol
Introduction:Asian and European polymer with derivatives market prices, also do not have enough reflect the influence of the current energy market, cut the direct ...


the Asian and European polymer with derivatives market prices, also do not have enough to reflect the influence of the current energy market, cut the direct producer of the region's income, but the raw material of the floating price there will be cost down.
& have spent& have spent& have spent& have spent"On the operation side, the Middle East petrochemical equipment is still in the global scope of the lowest cost producer, but has been used to $1000 a tonne of companies may find it difficult to accept 3 - $400 a tonne per ton."
& have spent& have spent& have spent& have spentIn 2011, the two companies announced the project, Qatar petroleum investment accounted for 80%.This year on January 14, cancelled project.
& have spent& have spent& have spent& have spentKeel added, in addition to Al - Karaana project, is expected to other projects in this area are similar cost pressures.
& have spent& have spent& have spent& have spentQatar is the world's largest natural gas reserves, has plans to in the petrochemical industry to invest $25 billion by 2020.
& have spent& have spent& have spent& have spentRoyal Dutch shell PLC and Qatar petroleum company cancel its $6.5 billion investment in Qatar petrochemical target Al - Karaana, will be "significantly change the global balance of supply and demand of PET bottle with resin", analysts said.
& have spent& have spent& have spent& have spentDirector of IHS chemical TisonKeel, says Qatar oil with shell oil and gas market influence is very big, this to cancel this item in target decided to play a core factors.
& have spent& have spent& have spent& have spentAl - Karaana project had planned 1.1 million tons of annual production capacity of 1.1 million tons of ethylene and propylene.Downstream of the device will include 1.5 million tons of ethylene glycol units, 300000 tons of linear alpha olefin plant, with 250000 tons of oxo alcohol factory.

Key-word:Petrochemicals, ethylene, resin, PET, ethylene glycol