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A Downturn With Areas Of Persistent Strength

Tougher sanctions set to reduce Iranian exports

Source of picture: amix.dk/blog/post/19116

 

By John Richardson

I met a hedge-fund manager yesterday who wanted a straight answer as to why he felt that ethylene, propylene and polyolefin margins are holding-up relatively well, …

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China to invest in Iran petrochemical projects?

By Malini Hariharan

The recent sanctions are making business operations difficult for Iranian petrochemical producers. And just when questions were being raised about the prospects of the country’s numerous projects, news has emerged that Iran and China are on the …

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Diminishing Returns From Middle East Projects

Downtown Riyadh

 

 

By John Richardson

As my fellow blogger Malini Hariharan wrote last week “the projects environment in the Middle East has irrevocably changed” and with it the rather glib and outdated assumption still being frequently made that …

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The Unexpected Bonus For Polyolefins – In Summary

Every dark cloud has a silver lining…

By John Richardson

GLOBAL polyolefins markets are being kept very tight be a collection of what might seem like only temporary factors.

But in the case of the butene-1 shortage, for example, (see …

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US Polyolefins Confront Tough H2

Source of picture: www.usaembassy.com

 

 

By John Richardson

THE US poyolefins industry has enjoyed a remarkable recovery since the depths of the financial crisis thanks to major feedstock advantages in polyethylene (PE) and the rebound in the domestic economy.…

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Dolphins And Taiwan Petrochemicals

 

The Indo-Pacific Humpback Dolphin

Source of picture: townsvilledolphins.org

 

 

By John Richardson

AS Singapore forges ahead with its petrochemicals-expansion ambitions (it would be unwise for us to share rumours about potential new investors in cracker complexes on Jurong …

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Polyethylene And Alice In Wonderland

 

Source of picture: the-office.com

 

 

By John Richardson

A FURTHER illustration of the Alice in Wonderland world of financial investors versus the fundamentals of real demand was provided by the Dalian Commodity Exchange earlier this week.

“Some investment …

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Polyethylene Price Recovery Built On House Of Cards

 

Source of picture: keplarllp.com

 

By John Richardson

It always seemed as if the Asian polyethylene (PE) price rebound was built on a house of cards.

The Chinese economy is slowing down, the country’s domestic production has greatly increased …

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Fingers Crossed For No Double-Dip Recession

 

 

The Risk Of Exhausted Optimism

Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/

 

By John Richardson

Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with …

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China’s Unstoppable Consumption Juggernaut?

 

 

The major long-term shift in US refinery economics and C3s

 

Source of picture: blueplanetgreenliving.com

 

 

By John Richardson

CHINA will account for around one-third of global polypropylene (PP) consumption by the middle of this decade, up …

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