forgive my ignorance.. can you please enlighten me on the difference between the refineries mentioned here and the plants under Lotte Chemical in Johor or under BASF-Chemicals in Terengganu? Thanks!
Different refineries has different complexity. Nelson Complexity Index (NCI) is an index to determine its complexity. A more complex refinery can produce more products and can use more type of crude oil as input. Here is Lotte Titan product:http://www.lottechem.my/products/productGuide_view.asp?code=C201 and here is Petronas BASF product http://www.basf-petronas.com.my/products. You can say BASF Petronas has a more complex output product, but its not a guarantee of profitability. Profitability still depends on the crack spread margin between input price and output price
Hi, I have read your blog and found it very informative.You pointed out several things that I will remember for years to come. I look forward to reading your next informative work. Thanks!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Flintstones > 2017-07-19 07:25 | Report Abuse
Good