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Trade Flows In A Low Carbon World

By John Richardson

YOU will have no doubt seen many charts similar to the one above, which shows lots of arrows indicating the direction of global petrochemicals trade flows – in this example, polyethylene (PE). The actual numbers, are, of …

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Spend Your Supply-Driven Profits On Managing Demand

By John Richardson

IT has been a fantastic few months for Asia’s naphtha cracker industry as the above chart further illustrates. Even in the case of poor old, very heavily commoditised raffia-grade polypropylene (PP), variable cost margins so far this …

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US Oil, Gas, Chemicals Drowning In Excess Of Credit

By John Richardson

THE US oil, gas and petrochemicals sectors are drowning in an excess of credit that has distorted rational analysis of long-term supply and demand fundamentals.

So, just as is the case with China manufacturing in general, these …

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China Coal-To-Olefins Projects Not Just About Oil Prices

By John Richardson

CHINA will do what suits China from a national perspective. Remember this in all your new thinking about how its chemicals industry will behave in the future and I think you will be on the right tracks.…

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China’s New “For Profit” Chemicals Industry? Think Again….

By John Richardson

IF you think that running a chemicals company in China can be compared to running one in the West then please take a look at the above chart.

This is an updated version of a chart Paul …

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Too Good To Last for Asian Petchems? Yes

By John Richardson

IT has been a fantastic few months for the integrated Asian polyethylene (PE) producers as the above chart illustrates.

You can see that the average price for naphtha was $533/tonne CFR Japan in April. This compared with …

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China To Stop Importing Chemicals As It Exports New Technologies

By John Richardson

LAST Friday I discussed how, even without the impact of demographics on demand, it is mathematically impossible to fit one two billion into two billion.

Now bear with me for a few minutes. The themes I discussed …

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China 19% PP Production Increase Should Be No Surprise

By John Richardson

THE chart above should come as no surprise whatsoever to anybody in the global polypropylene (PP) business.

Here is why:…

Many of China’s new PP plants are coal-based and so are located in inland provinces where job

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European Petchems: Necessity is Again The Mother Of Invention

By John Richardson

WHEN has a European cracker gone beyond its useful life? Forty or 50 years? Or maybe if you spend the right amount of money, it can last for a great deal longer.

Devoting enough ingenuity and capital …

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Oil Price Chaos: What It Means For The Planning Process

By John Richardson

FIRST of all, we were told that $100 a barrel, or thereabouts, was the natural price for oil.

And then we were told this after the price collapse: “Not to worry, this is just a temporary supply …

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