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North America Manufacturing Rebound

 

By John Richardson

THIS fascinating slide from Accenture, in a new study that the consultancy is about to release on the rebound in North American manufacturing competitiveness, quantifies the steep rise in relative labour costs in China between 2001 …

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China PE Demand Down 4 Percent

 

By John Richardson

CHEMICALS analysts, and some senior company executives, are telling us that growth in China will bounce back in the second half of 2012. 

To give these forecasts some historical context, the recovery was supposed to happen …

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A Road Map For Success

The new chapter of our free ‘Boom, Gloom and the New Normal’ ebook sets out a road map to success for companies in the New Normal. It also identifies 5 key areas where major change is already underway.

Demand-driven. Markets …

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Dow Sees China Growth Acceleration

By John Richardson

DOW Chemical CEO Andrew Liveris said in an earnings call, following the release of the company’s Q1 results: “China is stabilising and growth is likely to accelerate later this year as their government keeps shifting its policies …

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The China Shale Gas Risk

By John Richardson

FIVE years ago everybody had written-off the US petrochemicals industry, but now the industry is incredibly gung-ho, thanks to shale gas – even if the issue of demand is somewhat more problematic.

In five years time, might …

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Europe’s “Recovery” Falters

 

By John Richardson

THE mood in European ethylene and polyethylene (PE) markets has changed over the last two weeks, according to my ICIS pricing colleagues, Nel Weddle and Linda Naylor.

“A drop in crude oil and naphtha values saw speculation …

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A Polyolefin Trader’s Perspective

By John Richardson

Word for word, see below what an Asian polyolefins trader told us yesterday:

“This year has been absolutely terrible, the worst I can remember in eight years in this business, and even worse than 2008. There is …

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Consensus Misses The Point

 By John Richardson

The consensus view on China remains that we have reached, or are near, the bottom of the decline in GDP (gross domestic product) growth.

This was how yesterday’s release of the preliminary HSBC China Manufacturing Purchasing Managers …

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China’s Changing Demand

By John Richardson

THE nature of demand in China is changing, despite the belief among some chemicals analysts, and companies, that everything will soon return to normal.

Here is a summary of our key arguments. Please print off and pin …

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The H2 Recovery Story

By John Richardson

THE majority of chemicals analysts have yet to wake up and smell the coffee, according to an industry observer.

“South Korean stocks have come off by 15-30% since their big recovery in January, but it is only …

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