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Concerned about the Asean FTA? There’s not much you can do about it.

The implementation of a zero-tariff regime in Asean from 1 Jauary 2010 has raised concerns among polymer producers in Indonesia and the Philippines about intense competition from Singapore and Thailand leading to a erosion in market shares.

Producers from these …

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Recycling Dip Boosts China By 8-10 Percentage Points

 

It can be a dirty business….

Source of picture: www.China-environmental-news-blogspot.com

 

By John Richardson

THE sharp drop in plastics recycling in China has added 8-10 percentage points to virgin polyolefin demand growth in 2009, estimates a major Asian producer.…

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Shell would like to build two MEG plants in Qatar

 

By John Richardson

An ethane shortage is slowing Shell Chemicals’ ambitions for building at least one cracker complex in Qatar, Ben van Beurden, executive vice-president of the company said last week.

“Ideally, we’d like to build two crackers and …

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Crude, Equities & Polyolefin Pricing

This is a huge subject, one that this blog will need to keep revisiting – and if you tell us we’ve got it wrong, we’ll always listen and respond.

For what it’s worth, the article below might give you some …

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Has Shell Made The Right Choices on MEG?

Looking pretty – the new Shell plant at night:

Sourceof picture: Shell Chemicals

 

By John Richardson

WHEN Shell Chemicals officially opened its OMEGA process 750,000 tonne/year monoethylene glycol (MEG) plant in Singapore today, it mentioned how its global production …

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China’s Growth In 2010: Two Theories

More buying of junk in H1 next year that nobody really needs?

Source: www.blogcleveland.com

 

 

By John Richardson

TWO theories about growth in China next year revolve around either an appreciation or devaluation of the Yuan.

The appreciation theory …

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China PE To Grow By 35% – Latest ’09 Forecast

 

Money to be made, or saved, again?…..

Source of picture: www.evworld.com

 

After last week’s estimates, a big producer (who wishes to remain anonymous) has given us his forecasts for the strength of 2009 growth in demand for polyolefins in …

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Polyolefins And Football: An Historic Parallel?

Is history about to repeat itself?

 

 

Source of picture: www.vietbao.vn

The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd …

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China PE Growth All-Time High

 

Source of picture: www.americanprogress.org

 

By John Richardson

China’s high-density polyethylene (HDPE) demand is expected to grow by 38% to around 7m tonnes forecasts CBI China, the Shanghai-based commodity information service.

Linear-low density (LLDPE) is expected to rise by …

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The Immediate Dubai Impact

On A Very Sticky Wicket

www.theage.com.au

 

 

By John Richardson

As one my colleagues said – it’s a good job the US stock markets were closed for Thanksgiving.

Lots of efforts are being made to talk the Dubai World …

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