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Less Rather Than More Petchems Free Trade

By John Richardson

A LOT of the talk at this year’s GPCA conference in Dubai was of the need for more free trade in petrochemicals.

There seems to be a risk that as more countries develop refinery and petrochemicals businesses, …

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China’s Overshadowing Economic Importance

By John Richardson

AS we head into this weekend’s crucial November plenum , it is worth remembering that there is no chemicals and polymers market to compare with China’s in volume terms anywhere else in Asia.

Take polyproplyene (PP) as …

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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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Malaysia’s Scary Investment And Spending Bubbles

Source: http://www.globalpropertyguide.com

 

By John Richardson

Will this time really be different in Southeast Asia? Everyone hopes so.

But the arguments put forward by economist Jesse Colombo back in January – about investment bubbles building up across the region – …

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New Consensus Builds On Ethylene Supply Gap

By John Richardson

THERE seems to be a new consensus emerging over an ethylene capacity addition shortage between 2013 and 2017.

Many of the projects that are supposed to come on-stream during that period will either be delayed, or perhaps …

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Malaysia Reform Complacency And The Fed

By John Richardson

REFORM complacency could well be one of the harmful results for Asia ex-China of the Federal Open Market Committee’s (FOMC) decision not to taper quantitative easing any time very soon, financial analysts have warned.

“While we could …

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Selling To The Base Of The Pyramid

By John Richardson

As the slide above slows, some four billion of the world’s population earn very low incomes indeed.

It would be tempting to give up trying to sell to these people, as, from a Western chemicals and polymers …

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Becoming A Chef In Indonesia

An Italian restaurant in Jakarta

 

By John Richardson

ELEVEN-year-old Nurafidah spends her mornings at school and her afternoons hunting for recyclable plastic, aluminium and glass in Jakarta’s giant rubbish dump – Bantar Gebang. She wants to grow up to …

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Asia Ex-China: The Outlook For 2014 And Beyond

By John Richardson

IN a special series of blog posts over the next few weeks we will re-examine the outlook for the major Asian petrochemical producing countries, ex-China. The posts won’t necessarily appear every day, as important news events may …

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Thailand: Build A Contingency Plan

Source: Petroleum Institute of Thailand

 

By John Richardson

IT can be argued that Thailand is in a better state than fellow ASEAN members Indonesia and Malaysia.

Government spending in Thailand relative to GDP is said to be lower than …

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