Archive | December, 2012

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SABIC’S Al-Mady Issues Europe Warning

By John Richardson

MOHAMED Al-Mady, the CEO of SABIC, told the Financial Times yesterday that he worries about Europe losing out on petrochemical investments because of its reluctance to embrace shale gas.

“Some European companies already made the decision to go …

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The Challenges For 2013

By John Richardson

WE wish our readers a great festive season and wish them all the best for the New Year. We will take a break and resume the blog on 28 December.

We really do wish we could be …

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US Support For Big China Shale Gas Challenge…..

……..Significant Commercial Production “At least Ten Years Away”

By John Richardson

A US-China Shale Gas Training Programme has been launched by the independent White House agency, the US Trade & Development Agency (USTDA).

An initial $378,000 will be invested to …

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China’s Two-Speed Recovery

By John Richardson

CHINA appears to be in the midst of a two-speed recovery as a result of stronger domestic growth, while the export environment remains very bleak.

“Our polyethylene (PE) sales to converters who sell into the domestic market …

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European Petchems Face Tough Choices

 

By John Richardson

AT LEAST one global polyolefins producer is rumoured to be shipping increased volumes of resin from the US to Europe in response to the shale gas-derived shift in competitiveness.

“Dow Chemical CEO Andrew Liveris is making …

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US Petchems Face Competing Gas Interests

By John Richardson

A MAJOR political battle is taking place in the US over the future of the booming natural gas industry which could well have major implications for the country’s petrochemicals industry.

There was angry reaction from Dow Chemical …

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China Polyethylene Sentiment Recovers

By John Richardson

CHINA’S polyethylene (PE) market is enjoying a mini-rebound on improved confidence in the ability of politicians to turn the economy around, the blog has been told.

There seems to be a feeling out there that more help …

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China’s Divided Authority

Source: The Economist

 

By John Richardson

ONE of the blog’s Indian friends said last week, as he worries about his country’s political failings: “I sometimes wish were more like China, where, when the Politburo says ‘do this’ it is …

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China Shadow Banking Concerns Grow

By John Richardson

Is the Chinese financial system on the brink of its equivalent of the US sub-prime crisis?

This is a concern we raised last week in this first post, and a second post, on China’s shadow-banking system.

This article from …

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China PE Growth At Only 4%

By John Richardson

CHINA’s polyethylene (PE) demand growth was up just 4% in January-October of this year compared with the same period in 2010, as the chart above from Global Trade Information Services (GTIS) indicates.

And yet in January, many …

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