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Balancing economics with the environment

Recent comments by An Qiyuan, chairman of the Chinese People’s Political Consultative Committee for Shaanxi, warned of the environment and social catastrophe facing the northwestern province of China because of a shortage of water.
He was referring to the diversion …

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If I had a dollar for every time………

…….I had heard a company saying it was moving up the value chain (or rather a Euro or a British pound these days), I wouldn’t be writing this blog entry while smelling the wonderful aroma of pork sausages being cooked …

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China growth under severe threat

I could easily be accused of ceaseless pessimism, but growth in China is moderating – regardless of what your view is of the extended article below on the impact of the bad-weather crisis.

Slowing exports were already eating into estimates …

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Life gets more complicated for methanol

In the good or maybe the bad old days depending on your standpoint, methanol was a fairly straightforward product.

You had chemicals demand and that was more or less it. But as the extended analysis below explains, chemical producers who …

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Here we go again – 1997 is back…..

I sincerely hope not, but all the signs are there because of:

*A financial crisis which nobody again saw coming, this time with global implications

*What could prove to be too much spending on new equipment and capacity. This time …

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China coal to benzene threatens

With naphtha prices so high, heavy aromatics and pygas feedstock for producing benzene are not only expensive but are also in tight supply due to operating rate cutbacks.

Longer term also, as we’ve already discussed here, there are major doubts …

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Will Dow ever crack India?

The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China.

China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a …

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How dependent is Chinese growth on the US?

According to this article from The Economist, total China exports account for less than 10% of China’s GDP when “value add” is stripped out – much less than the headline 40% figure for 2007, which includes imported and domestic inputs. …

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Japanese gloom builds as earnings fall

Yet more gloom – the world’s second-biggest economy appears to be slowing down as the effects of the sub-prime crisis spread.

What will this mean for Japan’s chemical industry, which in the first half of the current financial year suffered …

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Can India compete with China?

India is already being held back in mass manufacturing by restrictive labour practices and poor infrastructure – meaning the answer to the above question is already a resounding no in some sectors.

The rise of the rupee is also a …

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