Retreat of globalisation and implications for petrochemicals
15th October 2020 by

By John Richardson EVER SINCE the Berlin Wall fell in 1989, and the last great geopolitical struggle...

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China’s shift towards styrene self-sufficiency adds to pressure for new petrochemicals business model
9th August 2020 by

By John Richardson IT IS dead simple, apparently. All you have to do is find alternative geographica...

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Why the polypropylene industry must switch from volumes to value
26th July 2020 by

By John Richardson EVERYONE knows about the oversupply in the polyethylene (PE) market as it has bee...

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China consulate closure underlines long-term split with US, potential big shift in petchems trade flows
23rd July 2020 by

The views in this blog post are, as always, my personal views and do not reflect the views of ICIS. ...

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China’s real GDP could have been negative in Q2: What this may mean for PP
22nd July 2020 by

By John Richardson CHINA’S official GDP growth of 3.2% for Q2, which was announced last week, may ...

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China paraxylene imports head for bigger declines as excess industrial production appears to boost GDP
17th July 2020 by

By John Richardson SOME PEOPLE see the 9.9% year-on-year rise in China’s crude oil imports in Janu...

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Global polyethylene oversupply, the highest in 19 years, hasn’t gone away
3rd July 2020 by

By John Richardson BRENT crude futures surged by 80% during the second quarter and enjoyed their bes...

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China could be in complete polypropylene self-sufficiency by 2022
28th June 2020 by

By John Richardson SORRY to labour the point but this comes from a genuine concern for the readers o...

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China’s long-term ambition for paraxylene self-sufficiency seems close to being realised
21st June 2020 by

On Friday, I examined how China’s paraxylene (PX) net imports could fall to as little 8m tonne...

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China’s PP production growth could lead to big declines in 2020 imports
1st June 2020 by

By John Richardson PLEASE DON’T say I didn’t warn you. China is rapidly moving towards polypropy...

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