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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

  • 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

  • The world is round after all

    I asked my boss two years ago what were his favourite business books. His list included The World Is Flat: A Brief History of the 21st Century by Thomas Friedman. Of course I rushed out and bought the book. It has sold by the truck load and was quoted by Mohamed Al-Mady of SABIC during his speech at...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-16-2008

  • 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

  • The danger of bogus science

    Believing what you want to believe (or pretending to believe in something because it's in your commercial interests) has always been a problem. But the stakes have never been higher than in the case of climate change. To yet again refer to the excellent New Scientist magazine, their editorial from...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-22-2008
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