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European Energy Sovereign Wealth Fund Needed

By John Richardson

THE blog met with an old friend on its recent trip to the UK, a scientist, who moaned about her local MP’s  ignorance about why energy self-sufficiency was vital for any economy.

“He is opposed to shale …

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India’s Budget: The Toilet Test

By John Richardson

IT was fantastic news to hear that Narendra Modi, in his first budget as Prime Minister, has repeated his pledge of ensuring that every Indian has access to a toilet by 2019.

But will he follow through …

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China: How Conventional Wisdom Becomes Conventional Wisdom

By John Richardson

HOW does  conventional wisdom – i.e. the opinion of the majority – become conventional wisdom?

This is a subject that the blog pondered over the last few days as it wandered around Euro Disney. Unfortunately, Mickey, Donald …

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China Coal-To-Olefins: Water Not An Issue

By John Richardson

CONVENTIONAL wisdom has it that the water issue stands in the way of the growth of the coal-to-olefins (CTO) industry in China.

The process consumes a lot of water  – between 15-20 tonnes for every tonne of …

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Modi Pledges To Do More Than Just Boost The Stock Market

By John Richardson

THE blog is delighted that Narendra Modi sees the bigger picture through this bold statement: “By 2022, no Indian should be without a home, without clean water, without electricity and without a toilet.”

Fantastic. This is exactly …

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China’s Methanol Industry: Through The Looking Glass

By John Richardson

AT first glance, some of the facts relating to China’s methanol sector sound like Jabberwocky  sounded to Alice when she firs discovered the language of that name in the marvellous Lewis Carroll novel, Alice Through The Looking …

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The New “China Price” Threatens Metallocene LLDPE

By John Richardson

THE great advantage of moving up the value chain to  metallocene-grade linear low-density polyethylene (mLLDPE) in Asia is that every time converters upgrade their equipment, they tend to switch to machinery that can process the resin.

“In …

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China To Keep Polyolefins Imports Out

By John Richardson

THERE has been a lot of talk about how fully integrated coal-to-polyolefins plants in China will compete exceptionally well with naphtha crackers on a variable cost basis.

OK, in terms of capital costs, the whole coal-to-polyolefins chain …

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How China’s “Social Contract” Is Changing

 

By John Richardson

ON this particular day, it is worth thinking some more about how the social contract between China’s leaders and its people is evolving.

Much of the commentary focusing on 4 June 1989 has described how China’s …

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Dear Mr Abbott, What On Earth Have You Done?

By John Richardson

INNOVATION has to be the cornerstone of Australia’s economy from now on because of these two reasons:

1.)    The China-led resources boom is over  and so Australia can no longer just dig stuff out of the ground …

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