Entries from Asian Chemical Connections tagged with 'Indian economy'
New Business Mindset Needed
By John Richardson THE global chemicals industry became used to healthy and steady rates of demand growth during the "Great Moderation" in the West, before the 2008 crisis. As fellow blogger Paul Hodges wrote in January of this year:...
India's "Booming" Middle Class
In the second of our series of posts on Asian demographics, we look at India. Yesterday, we summarised the overall challenges. By John Richardson INDIA is the home of a booming middle class that voraciously consumes I-Phones, I-Pads, BMWs, foreign...
Asia Top Ten Chem Companies
By John Richardson SINOPEC's remarkable rise in the petrochemicals business continued in 2011 as it jumped two places in the ICIS Top 100 ranking, compared with 2010, to finish second overall, behind BASF. This was the result of a...
Reliance Goes Boldly
Source: ICIS By John Richardson Reliance Industries is going boldly (no split infinitives here) where nobody has gone before: It is to build a cracker, which could eventually produce 1.6m tonne/year of ethylene, based entirely on off-gas feedstock...
India PVC Reflects Macro Problems
By John Richardson WHAT is happening in India's polyvinyl chloride (PVC) sector reflects some of the macro-economic challenges we discussed earlier this week. An additional 8.5m tonnes of PVC pipes demand could be generated in the space of just five...
BRICS Version 2
Mind the gap - India's rich and poor Source of graph: http://www.business-standard.com/india/news/sonalde-desai-the-great-indian-poverty-game/469351/ By John Richardson INDIA'S economy is expected to grow at its slowest pace for a decade as a result of political gridlock, tight monetary policy...
A Call To Action
We are about to set out on a great journey as the world transitions to the New Normal. The reason for the journey is that the world economy has changed irrevocably as a result of the financial crisis and...
BASF Highlights Changes In Growth
Martin Brudermüller Source of picture: BASF By John Richardson "THE struggle over China's future direction seems to be harder fought than we had imagined," said BASF vice chairman Martin Brudermüller last Thursday, in a German newspaper interview. "There...
Hits And Misses For Indian Projects
By Malini Hariharan The Indian project scene continues to see some hits and misses. Among the projects on track, sources at Gail (India) told the blog last week that expansion of its Pata cracker and a new polyethylene (PE) plant...
The Great Opportunities Ahead
The blog is taking a break for the festive season (we will back on Thursday next week before, of course, closing-down again over the New Year period). We would like to wish all of our readers a very happy...
India Needs A New Political Direction
Manmohan Singh compromises to the point where "policy has no direction" Source of picture: Wikipedia By John Richardson IN A week during which the Eurozone could quite easily break-up, the influence that individual political leaders will have on shaping...
Don't shoot the messenger
By Malini Hariharan There is a lot of free price information and advice available to Indian polymer buyers via emails and SMSs. The gist of the messages these days is that the Chinese market is weak, international and domestic prices...
New Normal Course In Frankfurt On 16-17 June
The blog is excited about its first New Normal seminar in Frankfurt, Germany this month. It follows February's successful launch in Singapore, and is being held in association with International eChem on 16-17 June. The Workshop aims to provide a...
Global Polyolefins At A Tipping Point
By John Richardson A GLOBAL slowdown in manufacturing is already being reflected in European and US polyolefin markets as anxiety in the industry grows over the prospects for the rest of this year. European June contract prices for ethylene and...
LDPE Re-investment Case Gets Harder
By John Richardson JUST when you thought it might have been safe to push really hard for building more low-density polyethylene (LDPE), prices have started to decline. European prices, for example, recently slipped by Euros30/tonne with Asia down by $20-50/tonne...
Opportunities Can Vanish Before You Know It
By John Richardson "Just when you think it is the right time to make an investment case to a board of directors, the particular opportunity you have been studying has an annoying habit of disappearing," said a business development manager...
Reliance Reveals Major Investment Plans
By Malini Hariharan India's Reliance Industries is evaluating investments in a number of chemicals including olefins and derivatives, acetyls, elastomers and fibre intermediates to increase its petrochemicals production from crude, a senior company executive has told the...
Making Everyone Feel A Little Bit Middle Class
Far more choices now... Source of picture: www.mhhe.com/business By John Richardson THE nature of demand growth in emerging markets is a subject the blog has paid some attention to over the last few weeks. Taking advantage of this...
Getting Education Right Is Crucial
The brightest and the best, but will there be enough of them? Source of picture: schoolsinnewdelhi.com By John Richardson EDUCATION, education and education are three of the biggest challenges facing developing countries over the next 10-20 years. This...
Abandon Fear And Plan For The New Utopia
Michael Corleone once told his fiancee, "The old way of doing things is over - even my father knows that. In ten years time, the Corleone family will be entirely legitimitate" and ten years later he was still killing lots...
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