Latin America focused on new investments

By Malini Hariharan

The blog has been scanning ICIS news reports from the 31th Latin American Petrochemical Association (APLA) conference in Buenos Aires to gauge the mood at the event.

Participants appear to be sanguine despite the global economic turmoil …

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A question of balance

By Malini Hariharan

It is not surprising to read that at a time when many producers around the world are cutting production, cost-advantaged producers in the Middle East will be maintaining operations at their polyethylene (PE) and polypropylene (PP) plants. …

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Operating rate cuts the only option

By Malini Hariharan

News of operating rate cuts is pouring in. Crackers in Japan, Taiwan and parts of southeast Asia have been running at reduced rates of 80-90% in October. But now there is also talk of rate cuts at …

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Buying resumes but will it last?

By Malini Hariharan

A spurt in polyethylene (PE) and polypropylene (PP) buying in China over the last few days has raised hopes among sellers that the market has bottomed out and prices should rise in the coming weeks.

After hand-to-mouth …

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China and India: No Guarantees

MOST chemical companies now believe it is inevitable that China and India will reach developed economy status. Many even believe that their strong growth will mean “the end of economic cycles”.

But as we discuss in Chapter 6 of ‘Boom, …

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Chem Q3 Results Show Flat Growth

By John Richardson

CHEMICAL company third quarter financial results point to what has been apparent at ground level for some time now – a struggle to achieve volume growth over 2010.

My colleague Nigel Davis, who edits in the Insight …

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Not All Plastics Are Born Equal

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 DSM’s Dyneema replaces steel in offshore ropes

Source of picture: offshore-technology.com

 

By John Richardson

THE polyethylene (PE) shopping bags that get thrown away in their millions every day are some considerable distance down the value chain from DSM’s Dyneema …

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Expect Some China Chemicals Price Recovery….

….but let’s wait for the details to makea firm judgement, following Wen Jiabao’s comments about more help for small and medium-sized enterprises (SMEs), with the government also indicating an interest-rate cut by Q2 next year.

How will any financial easing …

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China Property Prices Down 30-50 Per Cent

By John Richardson

A BIG reduction in real estate prices is now underway in China, creating the potential for more property/chemicals traders to go bust.

The China Daily reports that home prices in suburban areas of Beijing, Shanghai, Shenzhen and …

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US And Europe Polyolefins Raise Exports

By John Richardson in Houston, Texas

DESPERATELY weak polyolefin demand in both the US and Europe is resulting in an increased focus on export markets.

The US market appears to be in particularly severe distress with, as we discussed last …

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