By John Richardson IN All the noise, confusion and economic anxiety following last weekend’s very acrimonious G7 meeting in Canada, you might have failed to notice one very significant detail for the polymers industry. This was the refusal by the US and Japan to sign a plastics charter put forward by Canadian Prime Minister, Justin […]
Asian Chemical Connections
China Auto Sales Slowdown Points To Lower Polypropylene Growth
By John Richardson AUTOMOBILES are, of course, a key end-use market for chemicals and polymers and China has been by far the most important global market in autos since the Global Financial Crisis (GFC). Chinese total vehicles sales soared from 6.3m in 2007 to 24.7m last year. Meanwhile, analysis from Paul Hodges shows that sales […]
Plastic Waste Crisis Will Reverse Petchems Globalisation
By John Richardson IT IS hardly surprising that a hot topic of discussion amongst chemical company CEOS gathered for the American Chemistry Council’s annual meeting in Colorado Springs, the US, was the threat of trade wars. As I have long argued, there is more than a 50% chance that we will end up in a […]
Petchems Markets To Become Entirely Regional As Trade Barriers Increase
By John Richardson WHEN Donald Trump held election rallies during 2016, the amount of anger directed at mainstream Democratic Party candidate Hillary Clinton was, as everyone knows, intense. She represented the kind of mainstream politician that many of those who voted for President Trump blamed for stagnating middle class income levels and the loss of […]
As Global Trade War Moves Closer, Impact On Petchems In 2018-2019
By John Richardson IT USED to be the case that one week was a long time in politics, but now, because of policy conducted via Twitter and other forms of social media, five minutes seems to be a long time in politics. The state of events can change by the time you’ve left your screen […]