Tag Archives | Eurozone

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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Germany’s Skills Shortage

By John Richardson

GERMANY’S engineering and chemicals companies are the envy of the world as a result of their ability to find perfect niches in the global value chain. The sophisticated machinery and chemicals needed by China to fulfil its …

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Here We Go Again

By John Richardson

EVERYONE should read the following section from this Economist article with great concern. Central bank stimulus might well be doing more harm than good.

“When Americans borrow money to buy a car or a house, their debts …

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The First Quarter Financial Results Dilemma

By John Richardson

EUROPEAN olefins markets have turned decidedly bearish, according to my ICIS colleague, Nel Weddle.

“Although the lack of pre-buying in February ahead of a much talked-about increase for March contract prices had been deemed a bearish signal, …

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Death By A Thousand Cuts

By John Richardson

COST cutting and disciplined operating rates have been two of the factors that have helped maintain European cracker and polyethylene (PE) profitability at pretty healthy levels since the onset of the global financial crisis in 2008.

So …

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The Challenges For 2013

By John Richardson

WE wish our readers a great festive season and wish them all the best for the New Year. We will take a break and resume the blog on 28 December.

We really do wish we could be …

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European Petchems Face Tough Choices

 

By John Richardson

AT LEAST one global polyolefins producer is rumoured to be shipping increased volumes of resin from the US to Europe in response to the shale gas-derived shift in competitiveness.

“Dow Chemical CEO Andrew Liveris is making …

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Northeast Asian PE Margins At Record Low

By John Richardson

THE above slide shows how bad the polyethylene (PE) market has been in 2012.

Based on data from the ICIS pricing Asian PE Margin Report, it shows how Northeast Asian high-density (HDPE) integrated variable cost margins have …

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China GDP Growth 4-5% in 2013-2020

Canton Trade Fair. Source of picture: http://www.vatti-china.com/News/83.htm

 

By John Richardson

IT would be nice to believe that the improved mood at this week’s Canton Trade Fair represents a long-term turnaround in China’s economic direction.

This reflects a 9.9% increase …

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A Game Of Two Halves

Source: ICIS

 

By John Richardson

CHINA’S fibre intermediates industry could end of being a game of two halves in 2012, to use an old football (or soccer for the benefit of our America readers) cliché.

The reason is that …

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