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China’s Polyethylene Market: Three New Scenarios For 2018-2025

By John Richardson

THE above slide underlines the growing complexity surrounding China’s economy, politics, society,  environmental policies and trading relationship with the US. I’ve placed this complexity in the context of the implications for the polyethylene (PE) industry. The above …

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The Battle To Retain Metallocene Polyethylene Price Premiums

By John Richardson

THE ABOVE chart could be a sign of a long term trend where we see metallocene linear-low density polyethylene (LLDPE) price premiums over standard, or C4 grade, LLDPE film at lower levels.

We have already seen C6 …

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Plastic Rubbish Backlash Will Lead To New Polymer Manufacturing Processes…

….as sustainability replaces globalisation as the new industry value driver

By John Richardson

IT HAS always been illogical to claim that as Peak Oil Demand approaches this provides a great new opportunity for lots of cheap refinery feedstocks to meet …

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Asian Petchems Profits Could Test Historic Lows In 2018

By John Richardson

THE ASIAN steam cracker business has struggled to pass on higher oil prices as the above chart further underlines. As you can see, high-density polyethylene (LLDPE) injection grade spreads including selected co-products have slipped over the last …

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Petrochemicals Destocking Phase Likely As Crude Volatility Increases

By John Richardson

WE COULD now be in a destocking phase in petrochemicals markets as oil prices are falling on a surge in US production.

This would obviously mean lower petrochemicals pricing, leaving companies that have overbuilt raw material inventories …

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House Of Cards Waiting To Fall: Oil, Equities And The Economy

By John Richardson

HOW much of the rise in oil prices since June of last year has been down to the fundamentals of supply and demand versus the hedge funds taking out a record number of short positions?

We are …

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China Accelerates Pollution Campaign In 2018: Implications For Chemicals

By John Richardson

ON THE surface of things there will be no let up when China’s winter air pollution campaign ends in March, as I predicted would be the case. China is drawing up plans for tougher curbs on smog …

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Petchems Face Major Inventory Risk As Economic Confidence Builds

By John Richardson

NOBODY knows how many tonnes of un-cracked naphtha are sitting in steam cracker storage tanks around the world compared with H1 of last year.

Or how much plastic resin and rolls of plastic film are being held …

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How To Replace Billions Of Dollars Of Polymer Sales Lost To New Recycling Rules

By John Richardson

THE EU’s requirement that all plastics packaging must be recyclable by 2030 will result in billions of dollars in lost sales across the 28 members of the EU.

To give you an example, my preliminary guesstimate suggests …

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