China’s Soil Pollution: The $1,000 Trillion Problem

By John Richardson

THE ESTABLISHED approach to dealing with soil polluted by chemicals waste involves washing the soil and treating it with bacteria. These were the methods used ahead of the 2012 London Olympic Games, reports The Economist. The cost …

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Tumbling Oil Prices: Implications For Asian Polyethylene

By John Richardson

DON’T say that I didn’t warn you. Oil prices now look much more likely to hit my forecast of $35//bbl, or lower, by Q4. Such is the downward momentum right now in crude markets that it is …

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Oil Prices Falling Towards $35 On US Supply, China Demand

WTI continues its journey towards a possible $35/bbl by Q4 of this year on rising US shale-oil production and a slight slowdown in the Chinese economy with big implications for global economic growth. And $25/bbl or lower crude in 2018 …

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China Plans 13 New Crackers In Move Towards PE Self-Sufficiency

By John Richardson

DETAILS are emerging of what could be as many as 13 new crackers in China that would all be on-stream very probably by 2025. I originally thought only around ten new crackers would be built by that …

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Soft Brexit, Hard Brexit, No Brexit, A Labour Govt – Take Your Pick

By John Richardson

IT was of course a gamble that backfired hugely. The UK’s General Election would, according to Prime Minister Theresa May, bring certainty and stability to politics during this very important period in British history.

Instead, though, the …

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China PP Market Underlines Return To Global Deflation

By John Richardson

CHINA’S polypropylene (PP) net trade, which is imports minus exports, fell by 31% on a month-on-month basis in April to around 316,000 tonnes. That was to be expected given the 42% surge in net trade in Q1 …

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China’s “Appetite For Pain” Makes $35/bbl Crude More Likely

The Chinese government is showing great determination in its latest battle against excessive and highly speculative lending. This will carry on as a cushion of strong GDP growth has been created, allowing a slowdown that will surprise many people with …

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US Climate Decision: Chemicals Company Winners And Losers

By John Richardson

CHINA is set to introduce a carbon emissions trading scheme later this year for steel and aluminium,, with the chemicals  and polymers sectors set to join at a later date.

Next January, China is also set to …

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How China Stands To Win From US Climate Decision

By John Richardson

How might China benefit from its decision to stick with the COP21 climate-change deal as the US withdraws? Here are some thoughts.

Easier to Escape the Middle Income Trap

China is already leading the global charge on …

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US Polyethylene Industry: Scenarios For 2017-2020

By John Richardson

IT has been a remarkably strong few years for the US polyethylene (PE) business. The shale gas revolution has sent ethane costs plummeting, resulting in the kind of margins that you can see in the above chart. …

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