Archive | August, 2012

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Mitt Romney Risks China Trade War

By John Richardson

MITT Romney is playing a dangerous game with pre-election rhetoric that might end up tying him to a policy decision that results in a US-China trade war, warns Stephen Roach, the former head of Morgan Stanley Asia and senior …

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If You Build It They May Not Come

By John Richardson

“You cannot just sit back and expect things to happen the way they have happened in the past, especially in emerging markets.” This insight from a senior Asian-based executive with a global polyethylene (PE) producer highlights the …

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China PE Demand Weakness Continues

 By John Richardson

LET’S put this into context: China’s polyethylene (PE) demand grew by 53 percent in 2008-2010.

Growth during the first seven months of this year was just 1.7 percent over Januuary-July 2011, according to Global Trade Information Services (GTIS). …

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Multiple Energy Options In China

Source of table: The Economist

 

By John Richardson

WHEN you are an energy giant such as Shell you can afford to explore multiple avenues in an effort to profit from China’s long-term energy needs.

Thus Shell re-affirmed last week …

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China Stockpiles Mount

Source: New York Times

 

By John Richardson

INVENTORIES of finished goods are mounting in factories across China as manufacturers continue to run hard, according to this New York Times article – perhaps in the hope that in 3-6 months …

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Recovery Always 3-6 Months Away

By John Richardson

THE recovery always seems to be three to six months away.

Thus, as hope fades for a Q4 economic rebound in China, a marketing and sales executive with a major European speciality chemicals player told the blog …

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China Coal-to-Olefins Strong Economics

By John Richardson

THE economics of China’s coal-based olefins industry are favourable when measured on a cash cost basis in a high oil-price environment, as the slide above from the Singapore-based consultancy Methanol Market Services Asia (MMSA) illustrates.

But even …

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Reliance Goes Boldly

Source: ICIS

 

By John Richardson

Reliance Industries is going boldly (no split infinitives here) where nobody has gone before: It is to build a cracker, which could eventually produce 1.6m tonne/year of ethylene, based entirely on off-gas feedstock supplied …

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A Game Of Two Halves

Source: ICIS

 

By John Richardson

CHINA’S fibre intermediates industry could end of being a game of two halves in 2012, to use an old football (or soccer for the benefit of our America readers) cliché.

The reason is that …

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Asian LDPE Margins Reach New Low

                 

               LDPE margins in 2012     

By John Richardson

NORTHEAST Asian integrated low-density polyethylene (LDPE) margins keep plunging new depths.

The margins were at their most negative since ICIS records began in 2000, according to the ICIS Asian PE Margin Report for …

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