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China Polyethylene Strong Q1 Growth Doesn’t Reflect Risks Ahead

By John Richardson

CHINA’S Q1 2018 polypropylene (PP) imports were down by 20% year-on-year as apparent demand (net imports plus local production) rose by just 1% on the steep fall in the availability of lending. Meanwhile, overall polyethylene (PE) imports …

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G7 Meeting And The Risks For US Polyethylene Producers

By John Richardson

IN All the noise, confusion and economic anxiety following last weekend’s very acrimonious G7 meeting in Canada, you might have failed to notice one very significant detail for the polymers industry.

This was the refusal by the …

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Plastic Waste Crisis Will Reverse Petchems Globalisation

By John Richardson

IT IS hardly surprising that a hot topic of discussion amongst chemical company CEOS gathered for the American Chemistry Council’s annual meeting in Colorado Springs, the US, was the threat of trade wars.

As I have long …

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Petchems Markets To Become Entirely Regional As Trade Barriers Increase

By John Richardson

WHEN Donald Trump held election rallies during 2016, the amount of anger directed at mainstream Democratic Party candidate Hillary Clinton was, as everyone knows, intense. She represented the kind of mainstream politician that many of those who …

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China Plastics Recycling To Lead The World As Virgin Resin Demand Declines

By John Richardson

IT just isn’t logical. There is a lot of excitement in polyethylene (PE) markets about how China’s heavy restrictions on imports of scrap plastic will deliver a permanent boost to imports of virgin PE resins.

But plastic …

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China Overlooked Lending Data Down 64% As Economic Slowdown Continues

By John Richardson

FAR too little attention is still being paid to China’s lending data even though this has long been the key measure of whether its economy is accelerating or slowing down.

In January 2014, lending in China started …

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Polyethylene Margins Face Collapse On Overcapacity

By John Richardson

THE consensus view is that whilst global polyethylene (PE) margins have further to fall from their levels so far in 2018 (see the above chart), they will not get that much worse. It is thought that the …

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How Europe Can Move To Polyolefins Self-Sufficiency

By John Richardson

THE CONSENSUS assumption is that Europe will remain a major importer of polyolefins for the foreseeable future. Lack of feedstock advantage is said to be a reason why rising deficits will not be met by local production.…

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China Emerges As Winner In New Multipolar World

By John Richardson

TODAY’S headline should be written on your petrochemicals company boardroom wall, in several inch-high capital letters, and should then be used as the basis for a deep discussion about the consequences of this outcome for your business. …

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