Tag Archives | China

Reliance On Any China Polymer Deficit Will Not Work

 

By John Richardson

THE “last big man standing’, as polyethylene (PE) was described to me during my visit to Shanghai last week, is widely expected to remain in major deficit in China for the next decade at least.

As …

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US Ethane Shipments And The Broader Picture

By John Richardson

THE first shipment of ethane from the US to Europe, which is set to arrive on Wednesday to feed the INEOS cracker at Rafnes in Norway, will be widely interpreted as meaningonly one thing: That nothing in …

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Seven Risks Of Choosing Specialties Over Commodites

By John Richardson

CHEMICALS analysts love to talk with great enthusiasm about the specialty end of this business because margins per tonne can be a great deal higher than in boring old plain vanilla commodities. Specialties is an exciting story …

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How To Grow Sales In A Deflationary World

By John Richardson

CHINA hugely increased its propylene and derivatives capacity to the point where by 2011, it became the first region or country where downstream propylene consumption surpassed that of ethylene.

This didn’t mean booming actual demand for propylene …

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Oil Price Recovery: Please Remember 2015

By John Richardson

EVEN if oil prices should go down right now, based on supply and demand fundamentals, the financial players will not let that happen.

This is the view of several analysts who point to the closure of numerous …

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Demand: The New Direction for Profit

By John Richardson

WE were right about China’s change of economic direction, which we identified in November 2013. We were then right about the collapse in oil prices from August 2014 onwards. And we also made the right call when …

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The Risks Ahead For Polyethylene

By John Richardson

TOO many people will look at the chart on the left and think, “Crisis? What crisis?” But glance to the right for what it is like in another petrochemicals value chain. What is happening on the right …

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Anchors Aweigh: $26 Oil As Your New Starting Point

By John Richardson

IF not these six months then it will be the second half of this year and if not H2 then definitely, without a doubt, sometime in 2017.

So goes the constantly shifting thinking of some oil, gas …

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This Is Not Just Another Economic Downcycle

By John Richardson

ECONOMIC upcycles come and go, but in the end, the fundamentals don’t change. This is the message I have picked up from conversations with senior industry executives over the last two weeks.

“All we have to do …

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Japan Repeats Its Mistake. You Cannot Print Babies

By John Richardson

WHEN you have built your reputation on a policy that has so far failed, you have essentially two options. You can either admit you were wrong and reverse course or double down on your mistake – i.e. …

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