The blog, like most people, doesn’t like change. Change creates uncertainty, and makes us all nervous. Thus in recent years it has privately hoped that its forecasts about (a) the inevitability of the subprime crisis and (b) the transition to the New Normal, would prove wrong. Life would be so much easier if nothing changed. Thus it is distressed to see developments at […]
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Nobody was expecting very much from Q4 ethylene production in Europe, as several plants had been taken offline in December due to lack of demand. And yet it is still possible to be disappointed by the actual outcome as reported by APPE. As the chart above shows: Q4 production at 4.4MT was the lowest since the […]
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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.