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How To Replace Billions Of Dollars Of Polymer Sales Lost To New Recycling Rules

By John Richardson

THE EU’s requirement that all plastics packaging must be recyclable by 2030 will result in billions of dollars in lost sales across the 28 members of the EU.

To give you an example, my preliminary guesstimate suggests …

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Global Economy In 2018: Stimulus Withdrawal Threatens Complacent Outlook

By John Richardson

IN TODAY’S world of soar-away stock markets backed up by the notion that the sustained global economic recovery will not be derailed in 2018, there is a need to detail the major risks out there.

Today’s post …

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China Environment Campaign Creates Global Inflation Threat

By John Richardson

THE ABOVE chart shows the major role that China has played in driving global inflation, deflation – and now inflation again – since 2008. There is a close link between the movements in China’s Producer Price Index …

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How US Could Be Squeezed Out Of Europe’s Polyethylene Market

By John Richardson

EARLIER this year a commonly held view was that globalisation would slip into reverse gear with the very real prospect of a global trade war.

But this view didn’t take into account China’s One Belt, One Road …

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Global Economy Is Less Able To Withstand A New Oil Price Shock

By John Richardson

HISTORY has a tendency to move very slowly, inching forward incrementally, and then all of a sudden a flurry of events over an incredibly short space of time can change everything. This is where we are today.…

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Crude Oil Prices In 2018: Impact On Naphtha-Based Polyethylene

 

By John Richardson

I WILL explain the full significance of the above charts for the Asian and global polyethylene (PE) industries later on this is post.

In short here, though, a great deal hinges on next year’s oil prices, …

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Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson

THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader …

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China Lending Bubble Adds 4.7m Tonnes To Polyethylene Consumption

By John Richardson

THE IMF produced a very interesting study earlier this month, in which it estimated that if it had not been for China’s giant economic stimulus programme the country’s real GDP growth would have averaged only 5.3% per …

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US Trade Agenda Threatens 49% Of US Polyethylene Exports

By John Richardson

WHICH President Trump will end up setting the final direction of policy? Will it be the President Trump who spoke off-script at a campaign-style rally in Phoenix, Arizona, this week or the President who a day later …

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Soft Brexit, Hard Brexit, No Brexit, A Labour Govt – Take Your Pick

By John Richardson

IT was of course a gamble that backfired hugely. The UK’s General Election would, according to Prime Minister Theresa May, bring certainty and stability to politics during this very important period in British history.

Instead, though, the …

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