Money to be made, or saved, again?….. Source of picture: www.evworld.com After last week’s estimates, a big producer (who wishes to remain anonymous) has given us his forecasts for the strength of 2009 growth in demand for polyolefins in China – see full details in the article below. Interestingly, he saw the dip in […]
Asian Chemical Connections
China PE Growth All-Time High
Source of picture: www.americanprogress.org By John Richardson China’s high-density polyethylene (HDPE) demand is expected to grow by 38% to around 7m tonnes forecasts CBI China, the Shanghai-based commodity information service. Linear-low density (LLDPE) is expected to rise by 30% to 4.6m tonnes and low-density polyethylene (LDPE) will increase by 20% to 3.4m tonnes, […]
What I Want To Know in H2 – Part Two
Garbage out, garbage in Source of Picture: The Daily Telegraph Here goes for the second part of this series. Is there anybody out there who can help? How will the ongoing availability of recycled material affect the pricing power of virgin resins? (We have the data to show that imports of scrap polyethylene (PE) and […]
Another Opinion: China and Recycling
Source of Picture: The Earth Institute at Columbia University I was speaking to a Singapore-based trader this morning over the reasons behind the polyolefin price rally. PPPEPrices2006-Aug09.ppt Here are his views: “A maor factor has been a lack of availability of recycled material. This is because people in the West are buying less durable consumer […]
The new frugal and greener consumer
Trendspotting, green conscience, eco-buying, recycling, environmental footprint, cost saving, greed-guilt
I will wait for this Lego truck to hit S$100
LyondellBasell, Volker Trautz, Lego, recycling, deflation, financial meltdown
Heading for extinction
Unbelievable, incredible – what prehistoric planet do these people live on? Please see below for a rant from a-soon-to-be-extinct species of business leader – the US chemicals executive against Barack Obama. I have my doubts about Obama, but at least he has a brain bigger than a shrivelled pea (unlike certain other holders of the […]
China facing permanent demand destruction?
An interesting debate is emerging over the growth of the recycled polymer market in China. Sinodata, the Beijing-based consultancy, estimates that 5.8m tonnes of all types of recycled polymers were imported into China last year, an 800,000 tonnes increase over 2006. Five years ago, recycled imports totalled less than 500,000 tonnes. With domestic recycling also […]