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Asian Chemical Connections

Chemical Shares Fall From “Buzz Mountain” Summit

By John Richardson CHEMICAL share prices have surged to the top of what one industry observer calls “buzz mountain” during the last six months. The buzz has been centred on the supercycle theory which holds that recent corrections in commodity prices are nothing more than a temporary blip. Formosa Plastics Corp (FPC) and Formosa Chemicals […]

Japan Disaster 2 – Refining, Petchems Update

By John Richardson OUR sympathies again go to the people of Japan. The main focus should be on providing as much support as possible to the rescue efforts and let’s hope that petrochemical companies globally step forward. But as we said yesterday, life goes on. The Japanese stock market was down around 5% this morning in early trading, […]

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