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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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How China Will Help South Asia Maximise Its Demographic Dividend….

….as the OBOR region, which includes South Asia, pushes towards complete petrochemicals self-sufficiency

By John Richardson

SOUTH ASIA (India, Bangladesh, Nepal, Pakistan and Sri Lanka) is seeing around 1m people join its workforce every month, with this potential demographic dividend …

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China To Now Raise Ethylene Capacity By 84% As Self-Sufficiency Drive Accelerates

By John Richardson

SINCE my last update on 18 September, our ICIS China team have discovered a further 2.4m tonnes/year of ethylene capacity being planned in China via the steam cracker process (see the updated table above, with the changes …

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China To Raise Ethylene Capacity By 71% In Major Self-Sufficiency Drive

By John Richardson

CHINA could raise its ethylene capacity by as much as 71% and its propylene capacity by at least 21%, according to my latest analysis of a major new wave of naphtha, ethane and LPG crackers. The above …

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Hurricane Harvey Economic Risks Increase As Cost Estimates Soar

By John Richardson

AGAIN, it’s the human cost that of course matters the most – and let’s hope it doesn’t keep on climbing. As of earlier today, the number of lives lost as a result of Hurricane Harvey had risen …

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China Plans 13 New Crackers In Move Towards PE Self-Sufficiency

By John Richardson

DETAILS are emerging of what could be as many as 13 new crackers in China that would all be on-stream very probably by 2025. I originally thought only around ten new crackers would be built by that …

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China Moves Towards Commodity Grade PE Self-Sufficiency By 2025

By John Richardson

THE argument I’ve been making for a couple of years now is that the history of petrochemicals in China suggests a constant drive towards much greater self-sufficiency. No value chain is immune, I have kept contending.

The …

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China’s Drive To PX Self-Sufficiency Again Shows Failure Of Conventional Thinking

By John Richardson

BACK in November 2014, when I first suggested that China might move to self-sufficiency in paraxylene (PX), my blog post was met with widespread scepticism.

At that time, China was moving from a major import position in …

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Xi’s Davos Speech: Risks, Opportunities For Chemicals Industry

By John Richardson

CHINA’S President Xi Jinping yesterday delivered a speech to World Economic Forum in Davos that has been widely praised. What made the speech very striking was how its tone and content contrasted with just about everything US …

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How Free Floating The Yuan Could Accelerate A Global Trade War

By John Richardson

THERE is a 50% chance that the Yuan will become a freely trade currency in 2017 in response to the US signalling its willingness to start a global trade war, says Societe Generale.

If Donald Trump pedals …

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