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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 styrene another petchems sector at risk from trade war

By John Richardson

THE US decision to pick a fight with China over trade and geopolitical influence could backfire very badly from the perspective of new US investments in petrochemicals capacity – most notably polyethylene (PE) and ethylene glycols (EG).…

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Middle East, India, SEA petchems winners in new trading blocs

By John Richardson

JACK MA, the founder of Alibaba, said of the US/China trade war, “It’s going to last a long time, maybe 20 years. It’s going to be a mess. It’s not a trade war, it’s about competition between …

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How Lehman Bros reshaped China and the global PE business

By John Richardson

MOST of the analysis on the tenth anniversary of the Global Financial Crisis (GFC) focuses on the effects on Western economies and societies. Economic inequality has risen since 2008 resulting in the rise of populist politics, is …

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US ethylene glycols: The Cost Of Exclusion From China

By John Richardson

IF THE US were unable to export ethylene glycols (EG) to China the economic logic of US capacity expansions would face major challenges.

Between 2018 and 2025, China will account for no less than 84% of global …

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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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Don’t Forget Turkey And Its Importance To Global Polyolefins

By John Richardson

YOU might well have forgotten the Turkish lira crisis because of the US/China trade war. But Turkey is crucial for the health of the global polyolefins business because of the size of its imports.

Before the US …

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US Risks Losing Access To 82% Of Global PE Consumption Growth, 80% Of Exports

By John Richardson

PERHAPS this week’s low-level trade talks between the US and China shouldn’t only be judged on the basis that they are low level, involving officials of mid-level seniority who are therefore not empowered to achieve major breakthroughs.…

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Turkey Crisis: Implications For Polyolefins And Global Economy

By John Richardson

THE first ramification of the Turkey crisis is that the collapse of the lira raises questions over how Turkish importers will be able to afford the dollars to pay for some of the polyolefins imported since the …

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China tariffs: Quantifying The Impact On US Petchems And Energy

By John Richardson

PRESIDENT Trump believes he is winning the trade war with China because of the much greater strength of US stock markets versus their Chinese counterparts. At the start of last week, for example, the two major Chinese …

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