Asian Chemical Connections
More in hope, perhaps, than expectation, US chemical, energy and general business interests have appealed to newly re-elected President Barack Obama to scale back his administration's regulations, restrictions and taxes.
Jay Timmons, president of the National Association of Manufacturers (NAM), noted that "it is no secret that the business community has had reservations about the president's agenda of the last four years".
INSIGHT: China may see major ethylene shortfall by 2019
"At $50-90/bbl for Brent, UBS estimates the internal rate of return (IRR) for China CTO/MTO projects range from 5-10% – mostly too low to justify inve
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