The world enjoyed an economic SuperCycle between 1982-2007. Its largest economy, the USA, suffered just 16 months of recession during the whole 25 years. As a result, social and political issues took a back-seat. Politicians instead competed to occupy the middle ground. Former UK premier Margaret Thatcher’s phrase ‘you can’t buck the markets’, became received […]
Tag Archives | airlines
Somewhere at the back of the blog’s mind is the memory of a major 1980 eruption by Mt St Helens in Washington State, NW USA. According to the Wall Street Journal, the lessons learnt by Alaska Airlines from this eruption could have avoided the closure of Europe’s airspace last week, if they had been picked […]
Business travel occupies a lot of time for many people in the chemical industry. So I thought I might pass on details of 2 websites that I find particularly useful when travelling: • www.skyscanner.net does a very job of comparison shopping on airline fares. • www.weatheronline.co.uk provides excellent local weather forecasts around the world. Please […]
There are some close parallels between the airline and chemical industries. Both are very capital intensive, use oil as a key raw material, and are heavily dependent on operating rates as a driver of profitability. Therefore one probably needs to pay close attention to news that American, historically the strongest US airline, has announced it […]
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Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry.
The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts.
Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.