Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts

19 March 2008

Argentina Experiencing Gas Shortage

Argentina is in critical stage of gas shortage. Argentina’s Bahia Blanca petrochemical complex, a prominent petchem complex in Argentina will likely be affected by the scarcity of gas this year. The scarcity of gas is expected due to winter season in the South America.

In 2007, Argentina experienced a snowfall, a first since 90 years and it triggered a nationwide gas shortage. The Bahia Blanca petrochemical complex alone had to shut down for two weeks during winter season due to a gas and electricity shortage. With increasing demand in 2008, and possible shortage, the petchem industry is likely to be impacted in Argentina. Chemical plants are now bulding stocks to mitigate the effect.

Some companies such as Solvay Indupa at the Bahia Blanca complex are having their own electric power plant as a backup in case of the gas shortage. The foundation issue in the Argentine petchem industry is due to lack of long term agreements for natural gas supply between Argentina and its neighbors, Bolivia and Brazil. Bolivia is supposed to send to Argentina some 7.7m m3/day, but in 2007 only sent 6m, ultimately to 3.5m with priority to Brazil.

07 February 2008

Petrochemical Outlook 2008: Latin America Growing in Polyethylene

2008 seems to be a growing time for Latin America Polyethylene (PE) industry with growth in 2008 is expected to come from Brazil, Columbia, Venezuela and Chile. This is amidst Brazil's new resolution to become the regional leader of petrochemicals.

Brazil will become the key player in the region with export of polyethylene into Argentina, where growth is very limited due to the political crisis with the victory of Cristina Kirchner.

Argentina's local polyethylene producer, Dow has been actively looking associations with O&G (oil and gas) companies for feedstock guarantee. Brazil will continue exporting its LDPE (low density polyethylene) into Argentina and with raw materials climbing up, revenues would hit Brazil.