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Peak Oil And The Aramco/SABIC Petchems Project

By John Richardson

THERE is an important connection between this week’s announcement by Saudi Aramco and SABIC of an MoU for a direct oil-to-chemicals complex and the Tesla Semi electric truck, which is being trialled by DHL and other logistics …

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Global Polypropylene In 2018-2025: What To Plan For

By John Richardson

THIS could be an excellent investment opportunity. Our ICIS Supply and Demand Database base case for Asian and global polypropylene (PP) operating rates sees the steady and steep climb that began in 2014 carrying on until a …

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India Creates 20,000 New Jobs A Month When It Needs One Million

By John Richardson

WHEN Narendra Modi was campaigning to be India’s Prime Minister in 2013 he promised to create 10m new jobs every year.

But in July 2014-December 2016, after Modi had become PM, 614,000 jobs were created in India’s …

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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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Four Billion Tonnes of Plastic Waste And Counting: The Threat To Petchems Growth

By John Richardson

THE world will have produced a total of 6.9bn tonnes of the 11 synthetic polymers I’ve detailed in the above chart between 1978, when our data begins, and the end of 2017.

Using the assumptions behind an …

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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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Climate Change, Extreme Weather: Implications For Chemicals Companies

By John Richardson

The greater frequency of extreme weather events presents a huge challenge for chemicals companies.

Take Hurricane Harvey and Hurricane Irma as the most obvious current examples. Weather forecasting service AccuWeather writes in this article:

This is the …

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Tumbling Oil Prices: Implications For Asian Polyethylene

By John Richardson

DON’T say that I didn’t warn you. Oil prices now look much more likely to hit my forecast of $35//bbl, or lower, by Q4. Such is the downward momentum right now in crude markets that it is …

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US Polyethylene Industry: Scenarios For 2017-2020

By John Richardson

IT has been a remarkably strong few years for the US polyethylene (PE) business. The shale gas revolution has sent ethane costs plummeting, resulting in the kind of margins that you can see in the above chart. …

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The Failure Of The Liberal Political And Economic Elite

By John Richardson

ONE of the research papers produced ahead of this year’s World Economic Forum (WEF) meeting in Davos highlighted demographics as one of the key reasons for rising working and middle class discontent in the West.

In an …

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