More buying of junk in H1 next year that nobody really needs? Source: www.blogcleveland.com By John Richardson TWO theories about growth in China next year revolve around either an appreciation or devaluation of the Yuan. The appreciation theory is far more widespread as it assumes no global double-dip economic recession. It’s assumed that […]
Asian Chemical Connections
China takes care of 2010
By Malini Hariharan After sorting out 2009 with a huge stimulus package the Chinese government is busy ensuring that there will be no slowdown next year. A number of measures have been announced to sustain growth in the domestic market. Subsidies on sales on home appliances in rural areas are being extended. The auto sector […]
Map Ta Phut projects – work has not stopped
By Malini Hariharan I have been trying to get some clarity on what is happening at Map Ta Phut and what companies are planning to do. Construction activity has not yet stopped despite the Supreme Court ruling last week which suspended 65 projects, says a PTT source. The government has yet to issue a notice […]
Thai Start-ups: What A Muddle
A real head scratcher…… Source of picture: www/http://blogs.miaminewtimes.com By John Richardson Confused? Sorry, but so far we cannot be of much help bringing any precision to what the implications of Thailand’s Supreme Court ruling will mean for the timing of petrochemical start-ups. If you remember, last Friday we wrote about how the Supreme Court […]
China PE To Grow By 35% – Latest ’09 Forecast
Money to be made, or saved, again?….. Source of picture: www.evworld.com After last week’s estimates, a big producer (who wishes to remain anonymous) has given us his forecasts for the strength of 2009 growth in demand for polyolefins in China – see full details in the article below. Interestingly, he saw the dip in […]
Polyolefins And Football: An Historic Parallel?
Is history about to repeat itself? Source of picture: www.vietbao.vn The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd supporters was “next year, definitely” when they were talking about their prospects for winning the […]
Thai Start-up Delays On Court Ruling: The Details
The Thai Supreme Court’s decision to uphold a September injunction halting development of $12bn of petrochemical and power projects could affect the on-schedule start-up of capacities of a large amount of petrochemicals capacity. Note the word could because, despite the court ruling supporting claims by environmentalists about the impact of pollution at the site, PTT […]
China PE Growth All-Time High
Source of picture: www.americanprogress.org By John Richardson China’s high-density polyethylene (HDPE) demand is expected to grow by 38% to around 7m tonnes forecasts CBI China, the Shanghai-based commodity information service. Linear-low density (LLDPE) is expected to rise by 30% to 4.6m tonnes and low-density polyethylene (LDPE) will increase by 20% to 3.4m tonnes, […]
Jump to page: