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Margin Upswings Will Be Shorter And Shorter

By John Richardson

A GOOD chart can quite often by worth many thousands of words with the above chart serving as an excellent example.

You can see how in June, scheduled and unscheduled shutdowns of Asia-Pacific ethylene capacity exceeded 6.3m …

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How China Will Narrow Its Income Gap

By John Richardson

THE above chart is part of China’s New Normal, and so helps us to understand the future of the country’s chemicals and polymers supply and demand balances.

As you can see, the gap between its richest and …

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Ten Reasons To Plan For A Difficult H2

By John Richardson

LACK of clear thinking about the challenges ahead worries me at the moment. I am concerned that petrochemicals companies, because of the strong profitability they have enjoyed so far this year, might well not be adequately prepared …

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Good Luck Isn’t The Same As Good Planning

By John Richardson

The tail has long wagged the dog in Asia’s polyethylene (PE) market. Whilst the spot merchant ethylene market accounts for only around 5% of the total amount of ethylene that is produced in the region, ethylene spot …

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Oil, Gas,Chemicals: A Trove Of Financially Toxic Assets

By John Richardson

OIL and gas companies might very well find themselves holding on to what Izabella Kaminska of the FT has aptly called “a trove of financially toxic assets” as a result of the growing, and irreversible, consensus that …

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Burying Your Head In The Sand Is Not The Answer

By John Richardson

YOU are a US polyethylene (PE) producer or any other chemicals producer in a country that remains on the wrong side of the new consensus about climate change. Sure, you can choose to bury your head in …

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Pricing Climate Change Into Import Tariffs

By John Richardson

SO, following on from my blog post yesterday, how might developing countries calculate import tariffs on petrochemicals in response to the rising social, political and economic costs of climate change?

One good starting point in just a …

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Trade Flows In A Low Carbon World

By John Richardson

YOU will have no doubt seen many charts similar to the one above, which shows lots of arrows indicating the direction of global petrochemicals trade flows – in this example, polyethylene (PE). The actual numbers, are, of …

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The US: Worrying About What Really Matters

By John Richardson

I WAS involved in a debate recently over how a glut of propane in storage in the US had led to propane prices in the States being so low that propane-fed crackers in the US had become …

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Pump Oil Hard Now Or Live To Regret Production Cuts

By John Richardson

OIL producers face a very straightforward choice: Pump crude as hard as possible right now or run the risk of your most important economic asset being left in the ground for good.

One of the reasons is …

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