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Crazy money breeds new thinking

This article from The New Scientist suggests we might have to develop a whole new way of asssesing what drives all commodity markets.

Intuitively, everyone knows that the herd instinct matters. But to measure this mathematically, or statistically, seems a …

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Middle East and China to run C2s regardless….

….that’s the case – in the Middle East case because of advantaged feedstock and in China’s case because it will be strategic.

In previous downturns, far more capacity was western, or other Asian, and liquids based and so rate cuts …

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It’s a whole new ball game

First of all, apologies to readers for my complete neglect of this blog over the last six weeks. I can only plead overwork and being too stunned by the collapse of the global economy to think about the blogosphere.

I …

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Shell plans for the long-term

See below for an extended interview with Shell Chemicals vice president, Ben van Beurden, who talks of the search for new feedstock sources. He raises the possiblity of using syngas from the Pearl GTL project in Qatar to make methanol …

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The search for more basic petrochemicals

Very interesting speech from Alan Kirkley, Vice President of Strategy and Portfolio for Shell Chemicals, which first of all goes over the predictable ground of where we are in the cycle and the threat from the Middle East.

However, he …

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Is the last margin grab over?

Shortly after I wrote this article (see below) on the doom and gloom surrounding China polyolefins markets, hey presto, prices rallied and I was wondering whether I needed to be wiping egg off my face.

But shortly after the slight …

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Balancing economics with the environment

Recent comments by An Qiyuan, chairman of the Chinese People’s Political Consultative Committee for Shaanxi, warned of the environment and social catastrophe facing the northwestern province of China because of a shortage of water.
He was referring to the diversion …

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If I had a dollar for every time………

…….I had heard a company saying it was moving up the value chain (or rather a Euro or a British pound these days), I wouldn’t be writing this blog entry while smelling the wonderful aroma of pork sausages being cooked …

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Here we go again – 1997 is back…..

I sincerely hope not, but all the signs are there because of:

*A financial crisis which nobody again saw coming, this time with global implications

*What could prove to be too much spending on new equipment and capacity. This time …

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Will Dow ever crack India?

The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China.

China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a …

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