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Asian Chemical Connections

How do you account for the externalities?

Economists refer to externalities as those factors that can influence growth but that are beyond the influence of humans to determine. As ar result, the members of this esteemed profession tend to ignore externalities. If we’ve left it too late on the environment, then the environment is clearly such an externality that could limit demand […]

The search for more basic petrochemicals

Very interesting speech from Alan Kirkley, Vice President of Strategy and Portfolio for Shell Chemicals, which first of all goes over the predictable ground of where we are in the cycle and the threat from the Middle East. However, he then makes the valid point – which I made earlier this week – that the […]

History will surely repeat itself

The mood at the recent NPRA International Petrochemical Conference in San Antonio, Texas, was mixed, despite all the economic gloom. Some producers said they were still making money – especially those selling into manufacturing sectors benefiting from a rise in exports due to the weak dollar. What’s certain, of course, though is that things will […]

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