By Malini Hariharan I have been reading a transcript of Dow Chemical’s Q4 2009 earnings call and here are some interesting comments made by Andrew Liveris, the company’s ceo. Despite recording revenue and volume growth in 2009 Liveris was cautious on the outlook for 2010 citing an uncertain economic environment. But constraints in Middle East […]
Asian Chemical Connections
Japanese gloom builds as earnings fall
Yet more gloom – the world’s second-biggest economy appears to be slowing down as the effects of the sub-prime crisis spread. What will this mean for Japan’s chemical industry, which in the first half of the current financial year suffered badly from the highly cylical electronic chemicals sector? All will, of course, hinge on the […]
The Middle East may set polyolefins pricing
This was the warning from Bob Bauman of Nexant ChemSystems at last week’s 25th Annual Petrochemical Conference in Houston, Texas. Read below for some rather gloomy predictions of where markets could be heading in 2011-12
Is this the death of cycles?
Quite possibly, yes, despite my instinctiive pessimism. Perhaps emerging markets such as China and India have reached such a critical mass that no matter how much capacity is brought on stream, it will be easily absorbed. Or maybe some disaster lies just around the corner. Who cares if you’ve made your money in the most […]