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Muddled Messages Over Yuan Revaluation

 

Source of picture: www.thewecc.com

 

By John Richardson

Confusing messages continue to emerge from Beijing over whether a revaluation of the Yuan is imminent, a debate that has major implications for the chemicals industry.

The Financial Times reported this …

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US Optimism Needs To Be Tempered

Flagging Recovery

Source of picture: www.guardian.co.uk

 

By John Richardson

THE latest US Institute of Supply Management survey signalled a buoyant manufacturing sector, in line with likely Q1 GDP (gross domestic product) growth of 5%, says the latest Weekly Chemistry …

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Speed Of China’s Growth Triggers New Official Warning

By John Richardson

The chairman of China Construction Bank has spoken about the dangers created by China’s GDP (gross domestic product) expanding by more than 9.5% in 2010, which, according to many analysts, seems highly likely: GDP is estimated to …

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Formosa awaits approval for big expansions in China

By Malini Hariharan

In a research note released today, UBS has highlighted plans by Formosa Chemical and Fibres (FCFC) for major expansions at Ningbo, China.

The Taiwanese petrochemicals major is in the process of getting Chinese government approval for a …

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A view from the West

By Malini Hariharan

The Asian olefin and polyolefin markets have softened in recent weeks but the US market remains on a different track, as seen in these reports filed by my colleagues on ICIS news.

Ethylene prices are still firm …

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Dealing With The Middle East Logistics Challenge

Singapore’s container port

 

 

Source of picture: www.gcaptain.com

By Malini Hariharan and John Richardson

A big challenge facing many companies that have built large polymer plants that are located far from key markets is how to move product most efficiently.…

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Bright Future Predicted for Saudi Private Cos

           Riyadh

Source of picture: help.berberber.com

 

By John Richardson

PRIVATE Saudi Arabian petrochemical companies need not fret about the ethane-gas shortage that two sources had last week told us would hold up their development, according a third industry source we …

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Polymer trading – a great investment opportunity?

By Malini Hariharan

I recently met a businessman at a dinner party. After exchanging the usual greetings he eagerly disclosed his plans for a new business venture – trading in polymers.

“There will be three of us in this business; …

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Europe Faces More Middle East Pressure

A high chance of more showers

Source of picture: www.stuff.co.zn

 

By John Richardson

A closer look at last year’s polyolefin trade flows illustrates just how vulnerable European producers will be over the next few years to rising pressure from …

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China Polyolefin Buyers Smell Blood……

…..but time to party for some thanks to re-exports to Brazil

Source of picture: edgsgonesouth.com

 

By John Richardson

It’s a funny old world – or so it seems in poylolefins at the moment as traders re-export resin from China …

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