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European Chemicals: Rescue Efforts Continue

By John Richardson

THE battle to save the European chemicals industry from widespread plant closures  is wider than just at the Grangemouth complex in Scotland, the UK

In Holland, for example, the Dutch chemicals industry trade body – Vereniging van …

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China PE Market Strength Questioned

Dear blog reader – a  technical error, beyond our control, means that we are unable to upload the tables and graphs for today’s post. Watch out next week, as, when the problem has been solved, we will add the missing …

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The Rebirth Of Naphtha Cracking

 

By John Richardson

Might cracking naphtha in Asia, Europe, and perhaps even the US, once again become so attractive that it starts to challenge the big advantage currently being enjoyed by cracking ethane?

Yes, perhaps. Opportunities could arise to …

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Searching For A Manufacturing Revival

By John Richardson

WALK into any airport bookshop and you will see shelf after shelf full of management and “get rich quick” books. How many books are you likely to see on inventing things and manufacturing? Hardly any…..

The danger …

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Grangemouth Viewed Through A Wider Lens

By John Richardson

THROUGH the narrow lens of stand-alone cost competitiveness, the threatened refinery and petrochemicals complex in Grangemouth, Scotland the UK, (see picture) can be viewed as having a very questionable long-term future.

For example, Britain’s refineries are viewed …

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China’s Debt Crisis Comes To A Head

By John Richardson

HOW much longer will China’s central government continue to kick the can down the road?

The answer to this question might well turn out to be the biggest single determinant of chemicals and polymers demand growth over …

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China’s Auto Demand Growth: No Longer As Predictable

By John Richardson

WE used to live in a linear world where GDP growth was nearly always on the increase and there was a very close linkage between the growth in any overall economy and the rise in demand for …

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Global Petchem Markets Turn Bearish

By John Richardson

EXCESSIVE inventory building down all the major petrochemical value chains is a global rather than just a Chinese problem, according to Paul Satchell – the UK-based chemicals analyst with global investment bank  Canaccord Genuity in his latest …

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Germany’s Long-term Economic Challenges

Source of graph: Eurostat

 

By John Richardson

AS delegates gather for this year’s European Petrochemical Association (EPCA) meeting in Berlin, which takes place on 5-9 October, it might be tempting to believe that Europe has turned the corner.

Supporting …

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Shanghai Free Trade Zone Underlines Risks Ahead

 

By John Richardson

MUCH ballyhoo greeted last week’s launch of the Shanghai Free Trade Zone – an eleven-square-mile experiment in economic liberalisation on the outskirts of the city.

Comparisons have been drawn with 33 years ago, when Deng Xiaoping …

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