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Asian Chemical Connections

China: Planning For What Once Seemed Almost Impossible

By John Richardson FIVE years ago, the probability you would have attached to the third Scenario above – China’s polypropylene (PP) imports falling to just 300,000 tonnes – would no doubt have been close to zero. In 2011 the consensus view was that there was nothing wrong with the Chinese economy that a bit more economic stimulus […]

Polyethylene: A World Turned Upside Down

By John Richardson THE recent history of polyethylene (PE) shows a global competitive landscape very different from that which most people expected two years ago. Two years ago, we were told that the natural price for oil was $100/bbl because of limited supply and robust demand growth. The consensus view was also that whilst costly oil meant that […]

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