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Saudi Arabia Can Withstand Years Of Lower Oil Prices

By John Richardson

QUITE a common argument out there is that if and when higher cost US shale oil production shuts down, oil prices will start creeping up again  – and they will soon reach close to $100 a barrel …

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Global Polyethylene: A Painful Balancing Act

By John Richardson

HERE are a few important facts about polyethylene (PE):…

China accounted for 30%, or 2.35m tonnes , of global imports of linear low-density PE (LLDPE) in 2013 (see the above chart).
It accounted for 43% of high-density

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China Polyethylene: What To Tell Your Boss

 

 

By John Richardson

YOU are a junior researcher working for a global polyethylene (PE) producer.  This is your opportunity to help change “group thinking” and so greatly improve your career prospects.

It is not going to be easy, …

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US Petrochemicals: The Way Forward

By John Richardson

ANYBODY out there prepared to make a guess? How long are these fantastic earnings for US petrochemicals companies in the key polyolefins space going to last? Six months, 12 months, 18 months or perhaps even longer?

The …

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Ten Reasons Why US Petrochemicals Should Think Again

By John Richardson

IT is incredibly hard to “stare a gift horse in the mouth” when your share options have soared in value and you annual bonuses, based on your company’s record-breaking profitability, have been nothing short of fantastic for …

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European Petrochemicals: Making Money Despite Deflation

By John Richardson

THE European petrochemicals industry has done staggeringly well since 2008 thanks to operating rate discipline, skillful inventory management and feedstock flexibility – for example, the INEOS and SABIC initiatives to import low cost ethane from the US.…

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Coming To Terms With Global Deflation

By John Richardson

YOU used to be able to take, say, a World Bank report on GDP growth forecasts, plug that into your spread sheet, look at low per capita consumption of chemicals and polymers in the developing world and …

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Thirty Reasons Why Ethylene Will Not Be Tight Until 2019

By John Richardson

THERE is a very common view out there that the ethylene cycle will tighten from next year until around 2019, when the big flood of new US capacity is expected to hit the market.

This is supported …

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Want To Keep Your Job? What To Tell Your Boss

By John Richardson

THE economic data on China was very useful yesterday if you had already gone long on oil or US equities.

Both crude and the S&P 500 rallied on positive interpretations of Q3 GDP and industrial production data, …

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No Other Choice But To Tackle “Group Thinking”

By John Richardson

WE are proud to work with Paul Hodges, chairman of the UK-based chemicals company, International eChem, who in this superb FT Beyondbrics blog post, provides the kind of “connect the dots” top-down vision of the global economy …

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