Archive | Olefins RSS feed for this section

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 …

Continue Reading

China Puts Environment Ahead Of GDP As Chemicals Shortages Build

By John Richardson

FURTHER evidence has emerged of the Chinese government’s determination to deal with an air pollution crisis that a new study says shortens life spans in China by three years .

Local government officials have long been measured …

Continue Reading

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 …

Continue Reading

China’s War On Air Pollution Causes Major Chemicals Shortages

By John Richardson

CHINA is quite literally going to war against air pollution as tries to tackle a health crisis that causes some 1.6m deaths every year. The end-result is major shortages up and down many chemicals value chains.

The …

Continue Reading

China, China And China: The Three Drivers Of Global Styrene

By John Richardson

THE DATA on global polyethylene (PE) and polypropylene (PP) undermine the notion of booming emerging markets demand. In reality, it is only Chinese demand that has boomed and not the emerging markets as a whole. And when …

Continue Reading

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 …

Continue Reading

China Lending Bubble Adds 4.7m Tonnes To Polyethylene Consumption

By John Richardson

THE IMF produced a very interesting study earlier this month, in which it estimated that if it had not been for China’s giant economic stimulus programme the country’s real GDP growth would have averaged only 5.3% per …

Continue Reading

US Trade Agenda Threatens 49% Of US Polyethylene Exports

By John Richardson

WHICH President Trump will end up setting the final direction of policy? Will it be the President Trump who spoke off-script at a campaign-style rally in Phoenix, Arizona, this week or the President who a day later …

Continue Reading

China To Drive 55% Of Global Polyethylene Growth In 2007-2017….

.…Major risks ahead from this over-dependence on China

 

By John Richardson

FOLLOWING on from my post on Friday, which showed almost exactly the same story for polypropylene (PP), see the above chart detailing the importance to the global polyethylene …

Continue Reading

China Drives 58% Of Global PP Growth, So What’s Your Plan B?

By John Richardson

THIS IS a great example of putting most of your eggs in one basket! Polypropylene (PP) shareholders are entitled to ask what Plan B is if China can no longer deliver as much as 58% of the …

Continue Reading