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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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Global Trade War: $12.4bn of US Petchems Exports At Risk

By John Richardson

THE CUMULATIVE negative effect on global GDP as more and more countries became involved in a trade war is estimated by the above table on the left, from a research paper by economists as the Australian National …

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US Import Tariff Decision: Impact On Polyethylene And The Global Economy

By John Richardson

THE PROSPECT of a US-China trade war has edged closer as a result of President Trump’s announcement yesterday that the US will impose 25% import tariffs on steel and 10% import tariffs on aluminium. Countries hit hard …

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Climate Change, Extreme Weather: Implications For Chemicals Companies

By John Richardson

The greater frequency of extreme weather events presents a huge challenge for chemicals companies.

Take Hurricane Harvey and Hurricane Irma as the most obvious current examples. Weather forecasting service AccuWeather writes in this article:

This is the …

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US Polyethylene Industry: Scenarios For 2017-2020

By John Richardson

IT has been a remarkably strong few years for the US polyethylene (PE) business. The shale gas revolution has sent ethane costs plummeting, resulting in the kind of margins that you can see in the above chart. …

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Southeast Asia: Confronting The Real Downside Potential

By John Richardson

SOUTHEAST ASIA’S (SEA) economies can be divided into two main categories. These are the heavily export-exposed economies of Malaysia, Thailand, Vietnam and Singapore and the two countries with the biggest internal demand drivers – Indonesia and the …

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Chemicals Companies Must Be The Solution And Not The Problem

By John Richardson

MORE than 40 years after the launch of the first universal recycling symbol, only 14% of plastic packaging is collected for recycling. When additional value losses in sorting and reprocessing are factored in, only 5% of material …

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China Becomes Dominant Superpower: Implications For Petchems

 

By John Richardson

CHINA can become the world’s No1 Superpower, replacing the US, if it can rise to challenges such as these:

Asia needs US$8trn of investment in the decade to 2020 to deal with its infrastructure deficit. As countries…

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Trumponomics And A Global Recession

By John Richardson

FIRST of all there was no chance he would win the nomination. No chance at all.

Then nearly all the election pundits said it was almost impossible that he could beat Hillary Clinton because he had such …

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Global Trade: What The New Dynamics Mean For Petchems

By John Richardson

THE result of this year’s US presidential election may well be determined by one issue – trade – as yesterday’s first presidential debate perhaps indicated.

These are incredibly dangerous times for the global economy, and with it, …

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