By John Richardson ENVIRONMENTAL concerns over wasting the earth’s resources are one factor behind the rise of Uber and other ride-hailing services as a replacement for car ownership in cities. But in heavily congested cities, large several-tonne lumps of metal and plastic still spend a lot of time in traffic jams, even with clever routing […]
Asian Chemical Connections
Morgan Stanley Bullish Again
By John Richardson MORGAN Stanley has once again produced a very bullish forecast for China’s polyethylene (PE) market. The investment bank was famous for devising the SuperCycle theory in late 2010. It failed to take into account clear signs that 2011 was going to be a bad year. Version 2.0 of its bullish view on the industry assumes that 2011 was so […]
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