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Mike Pence’s key China speech highlights Cold War risks for petchems

By John Richardson

US VICE president Mike Pence made a barely reported speech on 4 October in which his big theory was that Bill Clinton, George W Bush and Barack Obama misread China.  Mr Pence said that the nation they …

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PE margins turn negative as economic risks build

By John Richardson

CASH margins for Asian linear-low density polyethylene (LLDPE) for naphtha-based producers have turned negative for the first time since Q1 2015, according to an industry contact.

And this is of course before the flood of new US …

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China polymer growth at risk of 8.6m tonne decline on trade war

By John Richardson

THERE is no other country or even region in the world that comes anywhere close to being as important to the global polymers industry as China, as the above chart reminds us.

From end-2017 until the end …

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Bursting of the US debt bubble and effect on petchems

By John Richardson

THE US economy is in a debt-induced bubble that will sooner or later burst with of course major negative consequences for the rest of the world.

You cannot print babies. The huge amounts of money that the …

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Sustainability to stop petchems from dominating oil growth…..

….and oil consumption into petchems might even decline because of the plastics rubbish crisis

By John Richardson

DONALD RUMSFELD famously categorised the future into “known knowns, known unknowns and unknown unknowns”.

A new study by the International Energy Agency (IEA) …

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US LLDPE needs 68% export growth next year to top five markets…..

…..and that’s assuming there is no trade war with China!

By John Richardson

THE MORE you dig into the data the more it seems that the US might struggle to find a comfortable home for all of its new polyethylene …

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Acrylonitrile butadiene styrene trade war disruptions

By John Richardson

BECAUSE CHINA is such a dominant player in finished goods manufacturing, US tariffs on Chinese imports as part of the trade war will have major negative effects upstream across a wide range of petrochemicals and polymers and …

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Rise in sustainable mobility on new social trends: Impact on PP

By John Richardson

ENVIRONMENTAL concerns over wasting the earth’s resources are one factor behind the rise of Uber and other ride-hailing services as a replacement for car ownership in cities.

But in heavily congested cities, large several-tonne lumps of metal …

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US/China trade war will escalate even if new tariffs are delayed

By John Richardson

BY LATER today we may or may not know whether President Trump will proceed with threats to impose a further $200bn worth of tariffs against Chinese imports.

This decision is of critical importance to the global chemicals …

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US Economic Strength Of Little Benefit To Global Polyolefins

By John Richardson

THE BETTER that things get in the US (provided you own equities and are not on a zero-hours contract) the worse things become in emerging markets.

Despite a weaker greenback on a trade-weighted basis, the investor sell-off …

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