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Buy small and local to survive

Chemicals demand still exists, believe it or not, but the new economic order -one that could last as long as six years – requires new approaches.

Purchasing managers need to start acting locally as well as globally.

Who would want …

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All those wasted lives – but at least you got your bonus

Mr Obscenely Rich Got Out In Tiime Banker, please look into these eyes, see the pain from the last Great Depression and maybe you will give some of your obscenely huge bonus towards poverty relief.

And perhaps also you’ll be …

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Even Middle East budgets are being cut

Yes, I know this blog has gone very quiet – but as the world has imploded, a few more pressing issues have come to the fore.

On a business trip last week the extent of the crisis became apparent when …

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Fair dinkum, Bruce, Sheila etc

I am taking a well-earned break in Perth, Western Australia until early next week so this blog will be quiet until then.

And no, I am unlikely to find out anything interesting on feedstock issues surrounding the Australian cracker as …

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Historic polyolefin market collapse

For the first time, quite probably, since the Chinese economy opened some producers are predicting that polyolefin demand growth could be flat or even negative this year. In the case of PE, reports are emerging of sales declines above 20% …

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A drowning man will clutch onto anything

A drowning man will grab hold of any floating debris – even a plastic bag made from standard-grade Chinese polyethylene (PE).

Hence, last Friday a statement by Wang Tianpu led to a few days of excited speculation about the cancellation …

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Uncle Sam back from the dead?

A very interesting report by McKinsey (you can sign up free for their online newsletter which only takes a minute) expands on the theme of reverse globalisation which I talked about last week.

The cost of shipping a standard 40-foot …

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Yes, I know – I was wrong!

Anybody who has had the misfortune to have to listen to me ranting on about Peak Oil of late might have heard – if they managed to stay awake long enough – that I predicted crude could not fall below …

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Japan’s corporate hero

Back in the 1980s, before Japan’s “Lost Decade” of stagnant growth, management gurus lined up to praise the country’s collective spirit as the basis of a sustainable economic miracle.

Since then, of course, the West has been consistently espoused as …

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BASF seeks “decisive” change

Now this is old but not widely publicised – Jurgen Hambrecht’s comments during the BASF Segment Day Chemicals event which took place in London on 8 July.

Navigate down, click on the webcast, and listen to the Q&A session after …

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