Tag Archives | European economy

European Petchems & Future Competitiveness

By John Richardson

Dear Reader

We hope and pray that the nuclear crisis in Japan will be resolved and that the rebuilding process following the earthquake and tsunami can be begin.

My colleagues at ICIS news are doing a comprehensive …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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When Does Consolidation Become A Strategic Problem?

All our yesterdays… the ICI Runcorn site in its heyday

Source of picture: Chesterchronicle.co.uk

 

 

By John Richardson

Yesterday’s blog post on Petronas illustrates once again how the state-owned giants, albeit in this case one that is about to …

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Asian Polyolefins – A Dead Cat Bounce

 

 

Source of picture: anirudhsethireport.com

By John Richardson

WE reported earlier this week that cautious confidence is being expressed that the worst might be over in polyolefin markets with prices having reached the bottom.

“The market seems to be …

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China GDP Reduction Spells Tough H2 For Chems

 

Source of picture: www.en.cn.national

 

By John Richardson

THE decline in China’s GDP (gross domestic product) growth from 11.9% in Q1 to 10.3% in the first quarter is, no matter how you try to dress it up, bad news …

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Global Chems Outlook: Pockets Of Strength And Weakness

 

Spain saves the world economy

 

 

Source of picture: www.fifa.com

 

By John Richardson

GLOBAL chemicals sentiment seems to be muddled and confused as the constant flood of positive and negative macro economic data.

Take last week’s American Chemistry …

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China Chem Imports May Fall On Yuan Expectation

As cheap as chips 

 

Source of picture: europa.eu

 

 

By John Richardson

THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months.

Last week, Yuan …

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Old Assumptions Might Belatedly Change

 

Source of picture: http://www.andrewgriffithsblog.com/

 

 

By John Richardson

DOOM-MONGERS are scratching their heads as to why the global petrochemicals industry has remained in such a healthy state over the past 18 months.

Old assumptions are, as a result, …

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Co-Monomer Shortage Provides LLDPE Respite

By John Richardson

AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010.

But …

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Jurgen Talks A lot Of Sense

 

 

 

Source of picture: http://www.referenceforbusiness.com/

 

By John Richardson

GROWTH in Europe isn’t going to return to 2008 levels before 2012, said BASF CEO Jurgen Hambrecht on the release of the German diversified chemical giant’s financial results for …

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