Tag Archives | US economy

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Ethylene Margins Plunge On PE Rate Cuts

By John Richardson

THE steep decline in Asian ethylene margins – detailed in the chart below from the ICIS pricing weekly margin report – seems to be largely the result of the worrying state of China’s polyethylene (PE) market, which …

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Chemicals Growth Story Gets More Complicated

A Velozzi plug-in hybrid

Source of picture: www.zerauto.nl.blog

 

By John Richardson

Doom-mongers are claiming the end is nigh with the world heading for a double-dip recession.

This is happening at the same as the optimists are talking of the …

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Old Assumptions Might Belatedly Change

 

Source of picture: http://www.andrewgriffithsblog.com/

 

 

By John Richardson

DOOM-MONGERS are scratching their heads as to why the global petrochemicals industry has remained in such a healthy state over the past 18 months.

Old assumptions are, as a result, …

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Co-Monomer Shortage Provides LLDPE Respite

By John Richardson

AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010.

But …

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Muddled Messages Over Yuan Revaluation

 

Source of picture: www.thewecc.com

 

By John Richardson

Confusing messages continue to emerge from Beijing over whether a revaluation of the Yuan is imminent, a debate that has major implications for the chemicals industry.

The Financial Times reported this …

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US Optimism Needs To Be Tempered

Flagging Recovery

Source of picture: www.guardian.co.uk

 

By John Richardson

THE latest US Institute of Supply Management survey signalled a buoyant manufacturing sector, in line with likely Q1 GDP (gross domestic product) growth of 5%, says the latest Weekly Chemistry …

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US-China Yuan Row And The Threat To Chemicals

 

Source of picture: The China Daily

 

By John Richardson

THE outcome of the row between the US and China over the value of the Yuan has the potential to bring to an end a tentative and highly unbalanced …

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THE US: Recovery, What Recovery?

 

 

Source of picture: http://www.infiniteunknown.net/

 

By John Richardson

CORE consumer prices in the US declined for the first time in December since 1982, according to the latest American Chemistry Council (ACC) Weekl;y Chemistry and Economic Trends report.

And …

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Benzene: What Lies Beneath

A Ring of Truth?

Source of picture: http://web.pdx.edu/~nathanh/benzene/benzene2.gif

 

By John Richardson

TUMBLING Asian benzene prices are being blamed on weaker crude, itself a reflection of macro-economic worries over higher-than-expected US jobless figures, government debt problems in the Euro zone and …

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Corrected:Asian Naphtha-Ethylene Spreads Touch 2007 Levels

We should have originally written ‘integrated low-density polyethylene (LDPE) in paragraphsix, but instead wrote linear-low density PE (LLDPE). It’s now been corrected and apologies for the error – we will be buying some better glasses (less of this “we” – it’s actually “me”!)…

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