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Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson

THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader …

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China’s Xi: Squaring Circle Of Poverty Alleviation, Environment

By John Richardson

THE ONLY China that most foreigners have visited, including myself, is the southern and eastern seaboard provinces where all the talk is about booming poylolefins and other polymers demand on the rise in middle class consumption.

So …

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China’s 19th Party Congress: Stronger President Xi Good For Petchems Growth

By John Richardson

I SEE three Scenarios for Chinese economic growth, and so of course petrochemicals demand growth, in 2018-2025. See below where I detail how these three Scenarios would affect growth in demand for polypropylene (PP).

But first of …

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China Continues Deleveraging With Reforms Set To Accelerate….

...global risks remain elevated and so beware of complacency

By John Richardson

THE conventional view is that China has stimulated its economy to perfection ahead of the important 19th National Party Congress which begins in Beijing on 18 October.

The …

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How China Will Help South Asia Maximise Its Demographic Dividend….

….as the OBOR region, which includes South Asia, pushes towards complete petrochemicals self-sufficiency

By John Richardson

SOUTH ASIA (India, Bangladesh, Nepal, Pakistan and Sri Lanka) is seeing around 1m people join its workforce every month, with this potential demographic dividend …

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China To Now Raise Ethylene Capacity By 84% As Self-Sufficiency Drive Accelerates

By John Richardson

SINCE my last update on 18 September, our ICIS China team have discovered a further 2.4m tonnes/year of ethylene capacity being planned in China via the steam cracker process (see the updated table above, with the changes …

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Four Billion Tonnes of Plastic Waste And Counting: The Threat To Petchems Growth

By John Richardson

THE world will have produced a total of 6.9bn tonnes of the 11 synthetic polymers I’ve detailed in the above chart between 1978, when our data begins, and the end of 2017.

Using the assumptions behind an …

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China Accelerates Chemicals Plant Relocations As Supply Disruptions Build

By John Richardson

THE RELOCATION of all chemicals plants classified as producing toxic products from China’s big towns and cities to chemicals-industry parks is being speeded-up.

Relocation work first began in 2014. But earlier this month, a new directive from …

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Why China Is Becoming More Innovative Than The West

By John Richardson

THE data is quite staggering. Last year, mobile payments in China totalled $5.5 trillion versus compared with just a $112 billion. This means that on  a per capita or person basis, mobile internet payments totalled $3,900 in …

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Peak Oil Demand Opportunities For Petchems Are Being Over-Hyped

By John Richardson

THERE is a lot of excitement about new petrochemicals feedstock opportunities resulting from the approaching end of the road for the internal combustion engine, the rise of the electricity battery car and the related arrival of Peak …

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