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Saudi Arabia Can Withstand Years Of Lower Oil Prices

By John Richardson

QUITE a common argument out there is that if and when higher cost US shale oil production shuts down, oil prices will start creeping up again  – and they will soon reach close to $100 a barrel …

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South Korea: No Room For Complacency

By John Richardson

I have long loved South Korea, ever since I first visited the country back in the late 1990s. The sheer guts, determination and get-up-and-go of South Koreans have to be admired, especially when you put this into …

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South Korea: Coming To Terms With Demographics

By John Richardson

ACCUMULATING yet more debt was the very last thing that South Korea  needed and here is why:…

South Koreans had average debts 1.6 times their disposable incomes before July of this year.
This compared with 1.4 times

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Global Polyethylene: A Painful Balancing Act

By John Richardson

HERE are a few important facts about polyethylene (PE):…

China accounted for 30%, or 2.35m tonnes , of global imports of linear low-density PE (LLDPE) in 2013 (see the above chart).
It accounted for 43% of high-density

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China Exports: Whatever It Takes To Boost Volumes

By John Richardson

HERE is a reminder of some key facts about the Chinese economy:…

Investment, in the form of local real estate, infrastructure and industrial capacity accounts for around 50% of the country’s GDP.
China’s total investment levels are

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Fed Policies Increase Emerging Market Poverty

By John Richardson

THERE are 2.8bn people – 40% of the world’s population – who live on $2-10 a day.

These people are “the fragile middle”, according to the Financial Times, as they are constantly in danger of falling back …

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China Polyethylene: What To Tell Your Boss

 

 

By John Richardson

YOU are a junior researcher working for a global polyethylene (PE) producer.  This is your opportunity to help change “group thinking” and so greatly improve your career prospects.

It is not going to be easy, …

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US Petrochemicals: The Way Forward

By John Richardson

ANYBODY out there prepared to make a guess? How long are these fantastic earnings for US petrochemicals companies in the key polyolefins space going to last? Six months, 12 months, 18 months or perhaps even longer?

The …

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Ten Reasons Why US Petrochemicals Should Think Again

By John Richardson

IT is incredibly hard to “stare a gift horse in the mouth” when your share options have soared in value and you annual bonuses, based on your company’s record-breaking profitability, have been nothing short of fantastic for …

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European Petrochemicals: Making Money Despite Deflation

By John Richardson

THE European petrochemicals industry has done staggeringly well since 2008 thanks to operating rate discipline, skillful inventory management and feedstock flexibility – for example, the INEOS and SABIC initiatives to import low cost ethane from the US.…

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