China PE To Grow By 35% – Latest ’09 Forecast

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Money to be made, or saved, again?…..

Source of picture: www.evworld.com

 

After last week’s estimates, a big producer (who wishes to remain anonymous) has given us his forecasts for the strength of 2009 growth in demand for polyolefins in …

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Polyolefins And Football: An Historic Parallel?

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Is history about to repeat itself?

 

 

Source of picture: www.vietbao.vn

The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd …

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Thai Start-up Delays On Court Ruling: The Details

The Thai Supreme Court’s decision to uphold a September injunction halting development of $12bn of petrochemical and power projects could affect the on-schedule start-up of capacities of a large amount of petrochemicals capacity.

Note the word could because, despite the …

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China PE Growth All-Time High

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Source of picture: www.americanprogress.org

 

By John Richardson

China’s high-density polyethylene (HDPE) demand is expected to grow by 38% to around 7m tonnes forecasts CBI China, the Shanghai-based commodity information service.

Linear-low density (LLDPE) is expected to rise by …

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The Immediate Dubai Impact

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On A Very Sticky Wicket

www.theage.com.au

 

 

By John Richardson

As one my colleagues said – it’s a good job the US stock markets were closed for Thanksgiving.

Lots of efforts are being made to talk the Dubai World …

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Reading The Minds of China’s Leadership

 

By John Richardson

A lot of the projects which have pushed the world into severe overcapacity were based on the assumption that China would remain in big deficits for many basic commodity chemicals and polymers.

It was thought that …

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China Polyolefin Demand Set To Rise By 30%

By John Richardson in Shanghai and Malini Hariharan

China is set to see polyolefins demand growth of 30% or more this year, depending on the which particular grade, according to preliminary estimates prepared by companies and market analysts.

Even if …

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Anxiety Builds Over China Growth

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Will growth spread quickly enough?

Source of picture: www.oraclemarketplace.co.uk

 

 

 

By John Richardson

Global chemicals production had returned to 2006 levels by October of this year, according to this slide ACCProduction09Versus06.ppt from the American Chemistry Council (ACC).

Worldwide chemicals growth …

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Twists expected in the LyondellBasell-Reliance story

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

Reliance’s bid for LyondellBasell is likely to be a long drawn out affair with potential for complications from competitive bids.

I talked to some sources familiar with the …

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Update 2: Reliance Betting On US Competitiveness

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He’s not bad at making moneySource of picture: www.dealbreaker.com

 

SOME of the logic behind Reliance Industries’ bid for LyondellBasell could be a recognition that the globalisation of petrochemicals markets may have gone into partial reverse.

A climate bill passed by …

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