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Asian Chemical Connections

Hambrecht Reportedly Attacks China Business Climate

Jurgen Hambrecht Source of picture: www.wiwo.de/unternehmen-maerkte   By John Richardson BASF’S Jurgen Hambrecht has made highly critical and extremely high-profile comments about China’s business environment, according to the Financial Times. The CEO of the German chemicals giant is quoted as saying over the weekend – during a four-day visit to China by German chancellor, Angela […]

US Olefins Price Falls Could Be Turning Point

Flagging-up the dangers… Source of picture: http://www.illusionsofdander.com/2007/08/car-dealerships-and-flag-companies-may.html   By John Richardson THE recent 22% and 18% falls in US spot ethylene and propylene prices might be a sign that this yeat’s price rallies have been more the result of stronger crude and petrochemicals re-stocking and supply constraints than sustainable demand increases.  As my colleague Nigel Davis, editor of the Insight section […]

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 last year.“ Overall, there are no signs of a self-sustaining, long-term recovery. We are still […]

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