India to investigate PP imports from Korea, Taiwan and the US

By Malini Hariharan

India will soon initiate an anti-dumping investigation into polypropylene (PP) imports from South Korea, Taiwan and the US. This follows an application made by Indian PP producers last year.

A couple of market sources have forwarded the …

Continue Reading

India growth story – Part 3

By Malini Hariharan

Some numbers today on Indian polyolefin and polyvinyl chloride (PVC) demand growth during April-December 2009.

The strong growth trend noticed in the early part of last year continued and belied earlier expectations of a slowdown because of …

Continue Reading

Is China Targeting Polyolefin Re-export Market?

By John Richardson

MORE evidence that China will not remain as easy a sink for surplus polyolefin volumes – especially in the case of the higher-cost importers – is emerging.

“There are plans to open a bonded warehouse in Guangdong province …

Continue Reading

The Indian growth story – part 2

By Malini Hariharan

A few weeks back I had written about robust demand growth figures emerging from the Indian polymer market. I will be posting some numbers over the next few days but ahead of that I would like to …

Continue Reading

What’s behind the delays and operating troubles?

By Malini Hariharan

With start-up delays, commissioning issues and operating troubles becoming increasingly common across the Middle East and many parts of Asia, I have been asking industry players on what they think are the major issues that companies are …

Continue Reading

Dear Mr Ambani – or can I call you Mukesh?…..

LeedsUtdwincup.jpg

 

 

Source of picture: http://www.twelveatthetop.uku.co.uk/page18.htm

 

 

…I see from this news report – – that you have denied claims of your interest in buying Liverpool Football Club.

If, perhaps, you do have any interest in buying an English …

Continue Reading

Asian Polyolefin Trade Slows on Free-Trade Muddle

By John Richardson

Polyolefin shipments have been held up in ports by lack of awareness among customs officers at some ports in Southeast Asia over how to implement new free-trade deals, an industry source told us.

It seems highly likely …

Continue Reading

Douple-dip Appears To Have Begun

NationalDebt-GDP.bmp

By John Richardson

The start of the next dip in what this blog has long thought would be a double-dip economic crisis looks as if it could have begun.

If not now, it’s going to happen at some point because …

Continue Reading

Benzene: What Lies Beneath

benzene2.gif

A Ring of Truth?

Source of picture: http://web.pdx.edu/~nathanh/benzene/benzene2.gif

 

By John Richardson

TUMBLING Asian benzene prices are being blamed on weaker crude, itself a reflection of macro-economic worries over higher-than-expected US jobless figures, government debt problems in the Euro zone and …

Continue Reading

Liveris on the chemical cycle, Dow’s asset-light strategy and Ras Tanura

liveris.jpg

By Malini Hariharan

I have been reading a transcript of Dow Chemical’s Q4 2009 earnings call and here are some interesting comments made by Andrew Liveris, the company’s ceo.

Despite recording revenue and volume growth in 2009 Liveris was cautious …

Continue Reading