Tag Archives | European economy

Central Banks Risk Being Behind The Curve

By John Richardson

BACK in 2003 the Bank for International Settlements (BIS) predicted that dangerous imbalances were building up in the global financial system.

The BIS, a Brussels-based international organisation for central banks, was worried that the Fed and other …

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3D Printing Likely To Change Just About Everything

By John Richardson

3D printing will very probably force manufacturers, including those who make chemicals and polymers, to build entirely new business models.

Here is why:…

The young in Western societies will be poorer because of less aggregate demand as

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Global Growth Outlook: Sorting Out The Continuum

By John Richardson

WHAT do you do for a living? Are you a speculator in equity markets or do you make things for a living?

These, we think, are highly relevant questions as we head towards the New Year.

It …

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Iran-West Nuclear Deal Could Boost Naphtha Cracking

By John Richardson

THE blog has met many Iranian delegates during its seven years of working for ICIS Training and visited the country a couple of times during the early 2,000s. We love the people and the country, but not …

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Chemicals Companies Need To Prepare For Deflation in 2014

By John Richardson

IF the US Fed’s polices are working why is AP Moller Mearsk – the shipping company which is widely seen as a proxy for global trade – cutting costs and reducing capacity?

Probably because as Henny Sender …

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The US Needs A Plenum

By John Richardson

CHINA’S crucial November plenum has now finished and so far there are no details on policy decisions. All we have had is a brief communiqué, which includes key phrases such as “deepening reform” and “crossing the river …

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European Chemicals: Rescue Efforts Continue

By John Richardson

THE battle to save the European chemicals industry from widespread plant closures  is wider than just at the Grangemouth complex in Scotland, the UK

In Holland, for example, the Dutch chemicals industry trade body - Vereniging van …

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Grangemouth Viewed Through A Wider Lens

By John Richardson

THROUGH the narrow lens of stand-alone cost competitiveness, the threatened refinery and petrochemicals complex in Grangemouth, Scotland the UK, (see picture) can be viewed as having a very questionable long-term future.

For example, Britain’s refineries are viewed …

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European Demographics Challenge US Export Assumptions

By John Richardson

US feedstock advantages appear to provide an almost overwhelming case for a big wave of cracker and downstream investments, particularly in polyethylene (PE) and polypropylene (PP).

In contrast, Europe is struggling with much-higher feedstock costs and low …

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Europe’s Economic “Recovery”

 

By John Richardson

EUROZONE GDP expanded 0.3% in the second quarter of this year and it will probably also have expanded in Q3. As a result, if you view the end of a recession as two consecutive quarters of …

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