Western Chems: Exporting Into More Domestic Trouble?

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China’s migrant workers – a risky game…

 

Source of picture: China Daily

 

 

By John Richardson

THIS very disturbing Op-Ed piece by Paul Krugman in the New York Times argues that the US needs to impose a 25% …

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China Re-exports Large Volumes Of PE To Latin America

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Heading for the high jump

 

Source of picture: www.commons.wikemedia.,org

 

By John Richardson

CHINA’S polyethylene (PE) market looks as if it has gone a little pear-shaped as a result of high inventory levels and buyers anticipating the long-awaited flood …

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Asian propylene pricing heading for “a crash”

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By John Richardson

PROPYLENE pricing is heading for “a crash” in Asia as a result of spot supply increasing by around 20,000 tonne/month, a senior industry source has told the blog.

Shell Chemicals will have a surplus 440,000 tonne/year of …

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Refinery closures – how many and how fast?

By Malini Hariharan

Many Asian aromatics producers are optimistic that the worst is over and a gradual improvement in global demand coupled with firm Chinese demand will help them through 2009.

There is also the expectation that a pressure on …

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Turkish Polyolefins Confront Tight Credit, China Uncertainty

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Source of picture: www.turkeytravel.com

 

By John Richardson

THE economic crisis continues to force the global chemicals industry to think on its feet due to, among many other things, persistently tight credit in some regions.

China has also become even …

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What’s next for Reliance?

By Malini Hariharan

Reliance Industries appears to have hit the end of the road in its quest for LyondellBasell which has filed its own restructuring plan, rejecting a $14.5bn Reliance offer.

LyondellBasell has said the Reliance offer was not “sufficiently …

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SEA Chemicals Need To Learn From The Past

By John Richardson

THE whinging is getting almost unbearable in Southeast Asia over the Asean-China Free-Trade Agreement (ACFTA).

The deal was under discussion for EIGHT years and yet chemicals and polymer producers and customers seem to have left it until …

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M&As – value creation or destruction?

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By Malini Hariharan

The current slowdown in M&As is perhaps for the best as according to a recent report by Alembic Global Advisors the chemical industry has a track record of value destroying M&A activity.

The study, which looked at …

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China – An Opportunity And Threat

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Source of picture: Dachangplastic.com

 

By John Richardson

WHAT a difference ten years have made in the plastics processing industry, according to a Southeast Asian converter who sees China’s machinery=manufacturing prowess as an opportunity and threat.

“Ten years ago …

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Asia’s Polyester Producers Get Greedy

By John Richardson

THE current glum mood in the Asian fibre intermediates chain is in stark contrast to the optimism in polyolefin and other petrochemical markets. A broad-based price rally has occurred following the end of the Chinese New Year …

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