China Inflation Threat To Chemicals

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Sky-high living costs?

Source of picture: www.shanghaiist.com

 

By John Richardson

CHINA’S imports surged by 55.9 per cent last December, raising concerns among chemicals traders and producers that this points to increasing inflationary pressure and a possible interest-rate hike …

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China’s Credit Growth Versus the West

By John Richardson

THE BIG gap in credit growth between China and the developed world has been thrown into further relief by recently released data – raising inflationary concerns in the world’s most important economy, while emphasising how rich-world countries …

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Reliance ups LyondellBasell valuation

By Malini Hariharan

LyondellBasell’s aggressive moves to convince creditors to approve its own reorganisation plan have drawn a reaction from Reliance Industries.

A source familiar with developments confirms that Reliance has raised its valuation of LyondellBasell to $13.5bn, up from …

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Some more surprises for polyolefins

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By Malini Hariharan

The Wednesday post on this blog highlighted some of the unexpected turns that the Asian polyolefins market has been taking.

There have been more developments over the last two days that are likely to influence markets in …

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China And The Cold Weather: Heating The Great Outdoors

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Stop complaining – it’s actually colder inside!

Source of picture: www.gulfnews.com

 

By John Richardson

As northern China shivers from the coldest temperatures in decades, one Western ex-pat based in the country vented his spleen on cultural impediments which cause …

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Polymers start the year on a robust note, but how long will it last?

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By Malini Hariharan and John Richardson

Expect the unexpected and you probably stand a good chance of making money in the polymer market.

Defying expectations of a slowdown in demand ahead of the Chinese new year in February markets have …

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Korea’s Kumho faces heavy dose of restructuring

By Malini Hariharan

The financially troubled Kumho Asiana group, with assets stretching from petrochemicals to airlines, has finally been able to work out a plan that should satisfy its creditors.

The Korea Herald reports that the group plans to raise …

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Cash Will Remain King in 2010

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Still too crowded…

Source of picture:www.tripadvisor.com

 

By John Richardson

 

Dear Readers – Welcome Back.

Having spent the last two weeks lying on Western Australian beaches, drinking beer and reading books on European history – while also building sand …

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No option but to bet on China

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By Malini Hariharan

Even as market players celebrate the finish of what has been an unexpectedly good year there are not many who expect a repeat performance.

A key concern is Chinese demand which saved the industry in 2009. A …

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The Threat From Arms-Length Project Financing

By John Richardson

THE increasing use of non-recourse financing has raised the cost of projects financed since 2007 in a very difficult economic climate, warns a senior industry source.

“I look at how some recent projects have been financed and …

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