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Prepare For A Global Recession In 2017

By John Richardson

EVEN if there is no global trade war the chemicals industry as it stands today points to the failure of the $27.7 trillion of stimulus that’s been pumped into the global economy since the Global Financial Crisis.…

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China: 2017-2020 Scenarios For Polypropylene Growth

By John Richardson

IS this the moment when Xi Jinping decides to take most of the pain of economic reforms?

A recent article in Caixin, the Chinese business and finance magazine, suggests that the moment could have arrived:

This week, …

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Global Chemicals Operating Rates Lowest Since 1987

By John Richardson

SOMETIMES one single chart is worth many thousands of words, which is the case with the chart. Hence today’s brief post as the chart tells you a great deal of what you need to know:…

Based on

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China’s New Normal Propylene And Polymers Markets

By John Richardson

Here is, first of all, some history. Today’s chart is further evidence of the complete turnaround that has taken place in spot propylene and ethylene markets in Northeast Asia (by Northeast Asia this in effect means China …

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Modelling And Responding To China’s Demand Complexity

By John Richardson

PRODUCT by product you need to build alternative scenarios for demand growth in the key China market.

The future might end up being the same as the past up and down all the petrochemicals value chains. But …

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Polyethylene: A World Turned Upside Down

By John Richardson

THE recent history of polyethylene (PE) shows a global competitive landscape very different from that which most people expected two years ago.

Two years ago, we were told that the natural price for oil was $100/bbl because …

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China’s One Belt, One Road: What It Means For PP and PVC

By John Richardson

MONDAY’S blog post on China’s One Belt, One Road initiative has produced a very strong response. I thus thought it was important to discuss in detail  what what One Belt, One Road could mean for two major …

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How To Battle For Value In Oversupplied Markets

By John Richardson

FOR the moment all is good, as the chart above illustrates, which details the premiums that C6 metallocene-grade linear-low density (LLDPE) have enjoyed over standard commodity grade C4 LLDPE in the key China market.

The October 2010 …

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The New World Of Demand, Trade And Competition

By John Richardson

TOMORROW nearly always ended up being better than today for the polymers industry, thanks to the resilience of demand growth during the Economic Supercycle.

What also made life easy was the assumption that global free trade would, …

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China And A Breakdown In Free Trade: Scenarios For Petrochemicals

By John Richardson

MY blog post last Friday, on the threat to the petrochemicals industry of a retreat in global free trade, has gained a great deal of interest. This is good as this is an essential debate.

Today I …

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