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  • Buy small and local to survive

    Chemicals demand still exists, believe it or not, but the new economic order -one that could last as long as six years - requires new approaches. Purchasing managers need to start acting locally as well as globally. Who would want to be a financial controller if you work for a big company or the jack...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-14-2008
  • 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
  • Go on, stick your head in deeper

    Apparently it's a fallacy - ostriches don't stick their heads in the sand. Investment bankers frequently do, though, especially all the greedy ones who only cared about their end-of-year bonuses when they new perfectly well that the credit crisis was on its way. I am sitting here sipping a beer...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-15-2008
  • Uncle Sam back from the dead?

    A very interesting report by McKinsey (you can sign up free for their online newsletter which only takes a minute) expands on the theme of reverse globalisation which I talked about last week. The cost of shipping a standard 40-foot container has tripled since 2000 and labour cost increases have risen...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-10-2008
  • Do you ever get that sinking feeling?

    I am afraid I do when it comes to climate change and, as a result, don't always switch off lights when I leave rooms, don't always say no to unnecesssary plastic bags when I buy anything and will happily (and this could be the worst damage of all) jet anywhere in the world either for business...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-02-2008
  • Gustav points to a much bigger problem

    The good news on the radio as I came into work this morning was that Hurricane Gustav had weakened in intensity with forecasts that it might make landfall in the US with wind speeds of less than had been earlier feared. But this is not the point. The point, as Jeffrey Rubin of CIBC World Capital Markets...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-01-2008
  • "Reports of my death......

    are greatly exaggerated" wrote Mark Twain who twice had the misfortune (or perhaps good fortune, given that he was still breathing!) to read his obituary in newspapers. A full list of all those whose deaths were reported prematurely is included here in this A-Z of journalistic blunders from Wikipedia...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-29-2008
  • Why the Doha failure is bad

    The failure, and quite possibly the death, of the Doha round of trade negotiations earlier this week could create a very confusing and erratic regulatory landscape for the chemicals industry. This excellent entry in the New Scientist environment blog by Fred Pearce, senior environment correspondent,...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-02-2008
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