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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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Success And Failure In Polyolefins Redefined By Sustainability

By John Richardson

YOU DON’T have to be an oil and gas producer to be successful in polyolefins. Anyone with integration upstream as far as refining is in a strong commercial position.

It is also good enough to be integrated …

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China Aims To End Petrochemicals Imports

By John Richardson

CHINA HAS changed its strategy for the petrochemicals and polymers where it is in deficit. Previously, the government accepted China’s position as a major importer. Now the plan is to move into balanced or long positions with …

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Plastic Waste Crisis: Virgin Polymers Growth Will Be Below GDP

By John Richardson

AS the demand for transportation fuels declines, oil and refining companies are increasingly viewing petrochemicals as compensation for this lost demand.  Their logic is based on the theory that whilst gasoline and diesel consumption is set to …

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Single-Use Plastics: The Good, The Bad And The Ugly

By John Richardson

AN ENVIRONMENTALIST I used to know would often say, “The world is already choking to death on plastics. We don’t need any more. We must shut plastics plants down and stop building new ones.” She was only …

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Why China Can Become Major Polypropylene Exporter By 2025

By John Richardson

ONE of the main topics of debate in the global polypropylene (PP) business is whether or not China will become entirely self-sufficient. The pessimists, or rather I would say the realists, go a step further. They believe …

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