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Oil Markets In One Word: China

By John Richardson

A COMMENT I have heard so many times over the last two months is that once oil prices settle down, China’s petrochemicals buyers will have to come back in large numbers in order to replenish what must …

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China Petrochemicals In 2015: Five More Predictions

By John Richardson

HERE are five more predictions for China’s petrochemicals markets during 2015:

1.) Polyethylene, polypropylene (PP), phenol, purified terephthalic acid (PTA) and polyvinyl chloride (PVC) will be just some of the products that will see declines in imports …

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US Petrochemicals: Three Predictions For 2015

By John Richardson

AS you can see from the table below, there are  no less than 12 US ethane-based cracker projects being planned with lots of associated downstream capacity.

Theoretically, this represents:…

14.8m tonnes/year of new ethylene capacity at these

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Europe: Three Very Easy Predictions For 2015

By John Richardson

HERE are some alarming facts about Europe:…

 If you include all the people who have become disheartened and so have dropped out of the labour force, the Spanish employment rate fell from 66% in 2007 to just

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China Polyethylene: Three Predictions For 2015

By John Richardson

THE  chart  below serves as an excellent illustration of the big shift in consensus thinking about China’s overall economy, as it shows that:…

PE imports surged in January on the belief that China would “blink” – and

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2014: The Rear View Mirror

By John Richardson

MOST of my forecasts for 2014, which I made in this post on 30 December last year, look good in the rear view mirror.

I was right about credit availability being the single biggest issue for the …

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China Restructures The Global Petchems Business

By John Richardson

This chart should truly take your breath away as it shows that:…

China’s purified terephthalic acid (PTA) exports fell from 2.5m tonnes in January-November 2013 to just over a million tonnes for the same period this year.

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Creating Sustainable Chemicals Growth In 2015

By John Richardson

AS just about everyone, including me, obsesses about the more than 40% collapse in oil prices and what it means for the chemicals industry, here is another statistic for you: 58,000 newborns die in India every year …

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China: There Is Still Time Left To Fix Mistakes

By John Richardson

WHEN something seems as if it is just too good to be true it usually – and this applies to China’s auto market.

As I have long argued, growth had to moderate from the 138% increase in …

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China: Estimating “Wealth Effect Decelerators”

By John Richardson

HERE is one of the many charts out there which show the awesome growth in chemicals and polymer consumption in China since 2000.

In this case, as you can, see the product is polypropylene (PP), where consumption …

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