Tag Archives | global economy

September 2008: How History Is Repeating Itself

By John Richardson

WE know that weak growth in China, Europe and the US will have a major negative impact on the global economy in 2015.

But does this really mean a new global financial crisis? Won’t the world’s economy …

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China’s About Turn: The Seven Global Implications

By John Richardson

HISTORIANS will end up concluding that falling emerging market currencies and stock markets – the prelude to what could be a full-blown crisis –  is really about China and not about the US Federal Reserve. The Fed …

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Listen To The Iconoclasts

By John Richardson

Does your company employ an independent economist who forms her or his own view of where China is heading, or does it instead just accept the conventional wisdom dished up by the big institutions, such as the …

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APIC And Demand

 

Just an anomaly?

 

Source: American Chemistry Council

 

By John Richardson

FEEDSTOCK advantage is, of course, crucially important, but so is demand.

And yet the only subject that most people wanted to talk about in any depth at last …

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US has “23 Years” Of Gas Reserves

By John Richardson

Amidst all the continued excitement about abundant supplies of ethane in the US, some sceptics are still warning that all may not as it seems during petrochemicals company investor presentations.

“The US does not have 100 years …

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Dow and DuPont Make Major Job Cuts

Dupont’s Ellen Kullman

 

By John Richardson

Dow Chemical’s decision to cut 2,400 jobs, as it posted a 32% drop in earnings per share, was the result of what CEO Andrew Liveris said was difficult conditions that “may have extended …

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No Eurozone Miracle Cure

Source of picture: Wikipedia

 

By John Richardson

THE eurozone hasn’t been rescued by the programme of sovereign bond purchases, announced a month ago by Mario Draghi.

Wolfgang Munchau, in this excellent article in the Financial Times, explains why. This …

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Polyolefin Demand Remains “Very Weak”

 

By John Richardson

DEMAND remains “very weak” in China’s polyolefins markets, said a sales and marketing executive with a major Western producer.

“I am having real trouble justifying higher prices to my customers, which are partly the result of …

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HDPE-LLDPE spread expands

By Malini Hariharan and John Richardson

The spread between high-density polyethylene (HDPE) film grade and linear-low density PE (LLDPE) prices in Asia has steadily widened over the last five months to hit a high of $110/tonne, raising questions on how …

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Speculation Drives China Methanol

By Malini Hariharan

Methanol continues to be an exception to the general weakness seen in Asian petrochemical markets.

Spot prices have crossed $410/tonne in the important China market and could remain firm for the rest of the year. Prices have …

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