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China Auto Sales Point To Long-term Shift

By John Richardson

The impact of Chinese government policy adjustments on petrochemicals demand was further highlighted late last week, when auto-sales figures for January-February were released.

Sales declined by 4.4 percent, the worst two-month start for the industry in seven …

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India Chems Look For Govt Support

By Malini Hariharan

The Indian government is being asked to give a fresh boost to the chemicals industry in the 12th Five Year Plan beginning from 1 April.

A working group for the chemicals industry has detailed key measures that …

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PE Margins Lowest On Record

By John Richardson

ANOTHER week has gone by with no evidence of significantly stronger polyethylene (PE) volumes in China.

Rising labour costs, because of mandated government increases in minimum wages, and the shortages of labour post-Lunar New Year, are still …

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China Inland Boom: Who Will Benefit?

By John Richardson

This fascinating article in The Economist raises further important questions about the impact on petrochemicals of changing migration patterns.

Last week, we discussed how what industry executives had been discussing for three years has finally happened: Severe …

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The Changing Landscape For Manufacturers

 

The New Normal involves three major transformations in the nature of consumer markets, which are:

• The increasing size of the New Old 55+ age group in the West.

• Too many young people struggling with higher unemployment.

• …

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World Bank Highlights China Risks

By John Richardson

A NEW report by the World Bank on China, summarised on the slide below, supports what we argued in chapter 6 our e-book, Boom, Gloom & The New Normal: That without the success of efforts to reform …

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US Petchems: The Bigger Picture

By John Richardson

Access to cheap feedstock, access to cheap feedstock and access to cheap feedstock might seem like the three most-important elements to any petrochemicals strategy.

Thus, for many in the US, adding capacity based on abundant and therefore …

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Butadiene An Extreme Example

By John Richardson

BUTADIENE is an extreme example of what my fellow blogger Paul Hodges described yesterday as happening across several major petrochemicals markets.

Panicky buyers have, just as they did last year, “bought forward” in the hope that by …

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Europe Markets Lure Asian Polyolefins

By John Richardson

EXACTLY the same scenario is playing out in European polyolefin markets, as in Latin America and possibly the US, my ICIS colleague Linda Naylor reported last Friday.

High polyethylene (PE) and polypropylene (PP) prices in Europe have …

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Pricing To Struggle For The Rest of 2012

By John Richardson

Further confirmation of the themes we raised yesterday emerged from an interview with a senior polyolefin industry source, with some important new analysis.

Profitability in Asia is the worst of any of the three regions, he told …

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