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The WTO “Bali” Deal Versus ASEAN Priorities

By John Richardson

WHY sacrifice national or regional growth for the sake of freer global trade?

This is a question the blog has been asking itself since the breakthrough last week at the World Trade Organisation (WTO) talks in Bali. …

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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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The Iran-West Nuclear Deal: An Update

By John Richardson

MANY thanks to a good friend of the blog, Mark Mark Mirosevic-Sorgo, managing director of the Singapore-headquartered shipbrokers Braemar Quincannon for what follows – some excellent analysis of what the Iran-West nuclear deal might mean for the …

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Iran-West Nuclear Deal Could Boost Naphtha Cracking

By John Richardson

THE blog has met many Iranian delegates during its seven years of working for ICIS Training and visited the country a couple of times during the early 2,000s. We love the people and the country, but not …

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Prepare For More Fragmented, Protected Markets

By John Richardson

Last week, the blog gave a presentation at the ICIS Asian Polyolefins Conference in Jakarta during which we highlighted the anxiety over the impact of increased low cost ethylene and derivatives exports from the US.

But only …

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Bio-based Local Ethylene Plants A Good Alternative

By John Richardson

THE proven approach for success in petrochemicals is, of course, to find cheap feedstocks somewhere and build a world-scale cracker complex.

That “somewhere” doesn’t necessarily have to be close to the final customers in emerging markets. For …

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Life After The “Sugar High”: Oil Prices And Petrochemicals

By John Richardson

WHY is it that even though demand in the US for petrochemicals is still well below the 2007 peak, as indicated by the latest American Chemistry Council capacity utilisation chart, the November ICIS Petrochemical (IPEX) for the …

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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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European Chemicals: Rescue Efforts Continue

By John Richardson

THE battle to save the European chemicals industry from widespread plant closures  is wider than just at the Grangemouth complex in Scotland, the UK

In Holland, for example, the Dutch chemicals industry trade body - Vereniging van …

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US Housing Recovery? What Recovery?

 

By John Richardson

A SUSTAINED US housing recovery is vital for the global petrochemicals industry because, without it, far too much of the 64% of ethylene capacity, which is due to be added in the States, will have to …

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