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  • The big challenges

    As delegates gather for this year's European Petrochemical Association meeting in the unreal world of Monaco (unrealf or 99.9 per cent recurring of us), I thought it was worth summarising some of the issues discussed on this blog over the last few months. We've dealt with: *Oil-price volatility...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-27-2008
  • Changing nature of demand

    As oil prices keep on falling, it might be tempting to forget the big picture. I had another frustrating conversation yesterday with a contact who believes that there's nothing to worry about on crude (it was all downs to speculators, he said) and so we could carry on as normal once the economic...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-19-2008
  • History will repeat itself

    It is September 2025 and the financial system has imploded due to the collapse in value of collaterised green obligations (CGOs). So how did we end up in this sorry state? Here is a guide to how the crisis developed: Governments (often sovereign wealth funds that had made a fortune from selling oil and...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-17-2008
  • A drowning man will clutch onto anything

    A drowning man will grab hold of any floating debris - even a plastic bag made from standard-grade Chinese polyethylene (PE). Hence, last Friday a statement by Wang Tianpu led to a few days of excited speculation about the cancellation of several Chinese cracker projects . The president of Sinopec Corp...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-12-2008
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