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Asian Chemical Connections

Japan Consolidation Continues

Source: Japan Petrochemical Industry Association By John Richardson JAPAN’S petrochemicals industry remains in consolidation mode, as my ICIS colleague Nigel Davis writes in this article. And, as the chart above shows, Japan’s ethylene output continues to fall. It was down 8% to 6.146 million tonnes in 2012 year-on-year. Future consolidation includes: *Mitsubishi Chemical’s planned closure of […]

Hallucinatory Effects

  By John Richardson THE reasons cited for last week’s global sell-off in stock markets (see the above chart of the Nikkei up until Thursday last week) were concerns over volatility in the Japanesegovernment bond market and the economic slowdown in China. Some investors, however, believe that markets have just taken a pause for breath as a result of profit […]

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