Tag Archives | China

A geographic disconnect

There is an interesting disconnect between how players in one geography view conditions in another, and how local players see their own market dynamics. For example, major European chemical companies have a rather optimistic outlook on growth in China and Asia, pinning their hopes on the region to drive earnings growth in 2013 and beyond. […]

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Fear not the QE2 backlash

Nothing lasts forever. You never know what’s going to derail a fantastic bull run – at least temporarily. After unimpeded optimism over several months fueled by the continuing global economic recovery, some serious concerns are coming out of the woodwork. Expectations for an interest rate hike in China to tame growing inflation threw cold water […]

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Making sense of China’s boom time

Many across the global chemical industry are pinning their hopes on China as a driver for recovery in demand for chemicals. Indeed, in recent months, we have been encouraged by some startlingly good import and export figures from the country. High-density polyethylene (HDPE) imports nearly doubled in the first half of the year, while low […]

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BASF moves reflect global chemical manufacturing shift

Nowhere is the global tectonic shift in chemical manufacturing more apparent than in the largest chemical company’s latest restructuring and expansion moves. Germany’s BASF, which acquired Swiss specialty chemical giant Ciba for $5.1bn in April, laid out its massive restructuring plan last week. The bottom line – 23 out of 55 acquired production sites will be […]

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China-Brazil oil and chemicals pact a model for deals

CHINA’S $10bn deal with Brazil to lock up significant oil supplies from its energy firm and join in exploration, refining and petrochemical ventures, heralds a new age of cooperation between the two countries. Under a 10-year deal, China Development Bank is giving a $10bn credit line to Brazilian energy giant Petrobras in return for the […]

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