By John Richardson WHAT is happening in India’s polyvinyl chloride (PVC) sector reflects some of the macro-economic challenges we discussed earlier this week. An additional 8.5m tonnes of PVC pipes demand could be generated in the space of just five years if the government can get its act together on economic reform, said an Indian […]
Asian Chemical Connections
US Chemicals See End Of Profit Boost
By John Richardson THE extent to which the US economy has become distorted in favour of the corporate sector was thrown into sharp relief by this article in the New York Times (the financial sector is another separate, but equally disturbing story). Whether the US can tackle the longer-term factors behind the distortions in favour […]
Global Polyolefins At A Tipping Point
By John Richardson A GLOBAL slowdown in manufacturing is already being reflected in European and US polyolefin markets as anxiety in the industry grows over the prospects for the rest of this year. European June contract prices for ethylene and propylene have declined after seven consecutive months of increases. Ethylene contracts have slipped by Euros45/tonne […]
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