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China plans to raise ethylene capacity by 113% in major self-sufficiency drive

By John Richardson

IN SEPTEMBER last year, I had thought that China might raise its ethylene capacity by as much as 71% by as early as 2022 over its end-2017 level of 23.5m tonnes. Now, though, our updated data show …

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Why China Can Become Major Polypropylene Exporter By 2025

By John Richardson

ONE of the main topics of debate in the global polypropylene (PP) business is whether or not China will become entirely self-sufficient. The pessimists, or rather I would say the realists, go a step further. They believe …

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Why US-China Talks May So Easily Fail To Avert Trade War

By John Richardson

CHINA might still be in a race against time to achieve enough levels of innovation to escape its middle-income trap. This could mean that it has no choice but to reach a deal with the US on …

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US-China Trade War: Global Recession, Collapse Of Polyethylene Markets

By John Richardson

YOU have had more than 12 months to prepare for a global trade war that is becoming ever-more likely, almost by the day. This would lead to a new global recession given the shaky nature of today’s …

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Europe Polyolefins Must Confront Plastics Rubbish Crisis

By John Richardson

THE European polyolefins industry is quite often viewed as an industry with limited growth opportunities. But provided companies take the right upstream and downstream approach, the growth opportunities are substantial. Success will hinge on how successful the …

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Asian Polyolefins Markets Still Indicate Economic Slowdown

By John Richardson

ANOTHER week has led to another fall in Asian polyethylene (PE) and polypropylene (PP) prices despite higher naphtha feedstock costs on stronger crude oil.

Pricing has been weak since the Lunar New Year Holidays, (15-21 February). Market …

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Plastic Rubbish Crisis: No More Business As Usual For Polymers

By John Richardson

DO NOT underestimate the ability of public opinion to reshape markets. That’s my first warning to any polymers industry executive out there who thinks future success will come from a business as usual approach.

Public anger at …

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Petrochemicals Markets Point To Synchronised Global Downturn

By John Richardson

IF you repeat something enough times, such as the “emperor  is wearing clothes”, lots of people begin to believe it. So is the case with the widespread idea that we are in the midst of an unshakeable …

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