Tag Archives | China air pollution

China Pollution Campaign: 2018 Chemicals Market Opportunities, Challenges

By John Richardson

XI JINPING mentioned the environment no less than 89 times during his three-and-a-half hour opening speech during October’s 19th National Party Congress.

China’s president did, however, refer to the economy 70 times during that same speech, but …

Continue Reading

China Environment Campaign Creates Global Inflation Threat

By John Richardson

THE ABOVE chart shows the major role that China has played in driving global inflation, deflation – and now inflation again – since 2008. There is a close link between the movements in China’s Producer Price Index …

Continue Reading

Peak Oil And The Aramco/SABIC Petchems Project

By John Richardson

THERE is an important connection between this week’s announcement by Saudi Aramco and SABIC of an MoU for a direct oil-to-chemicals complex and the Tesla Semi electric truck, which is being trialled by DHL and other logistics …

Continue Reading

China And Xi Jinping: The Five Big Challenges You Must Understand

By John Richardson

THE above slide, from my speech at this year’s Gulf Petrochemical Association Forum, is a summary of much of the analysis on this blog over the past 12 months. This is another of my print-out-and-keep guides. Please …

Continue Reading

China’s Polypropylene Market: The Right Questions You Simply Must Ask

By John Richardson

On the surface, the above chart represents very good news for exporters of polypropylene (PP) to China. As you can see, our base case sees import volumes creeping up from around 3.9m tonnes in 2018 to 4.2m …

Continue Reading

China Govt Policy To Shape Petchems Demand, Pricing In 2018

By John Richardson

NAPHTHA feedstock costs are on the way up, which is of course the result of higher crude prices. So far this year, the naphtha cost for Asian steam cracker operators has averaged $479/tonne CFR China. But our …

Continue Reading

China’s Accelerating War On Air Pollution: Latest Implications For Petchems

By John Richardson

CHINA has steadily increased the intensity of its war against pollution over the last three years – especially the war against pollution generated by burning coal. This has major implications for the petrochemicals industry, which we will …

Continue Reading

China’s Xi: Squaring Circle Of Poverty Alleviation, Environment

By John Richardson

THE ONLY China that most foreigners have visited, including myself, is the southern and eastern seaboard provinces where all the talk is about booming poylolefins and other polymers demand on the rise in middle class consumption.

So …

Continue Reading

China Continues Deleveraging With Reforms Set To Accelerate….

...global risks remain elevated and so beware of complacency

By John Richardson

THE conventional view is that China has stimulated its economy to perfection ahead of the important 19th National Party Congress which begins in Beijing on 18 October.

The …

Continue Reading

China To Now Raise Ethylene Capacity By 84% As Self-Sufficiency Drive Accelerates

By John Richardson

SINCE my last update on 18 September, our ICIS China team have discovered a further 2.4m tonnes/year of ethylene capacity being planned in China via the steam cracker process (see the updated table above, with the changes …

Continue Reading