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Asian Polyolefins Profits To Test 2012 Lows As Global Economy Slows

By John Richardson

PETROCHEMICALS are a great barometer for economic growth as they are the raw materials for so many finished goods. So, if petrochemicals producers see their profits slip, this provides an early signal that something is wrong with …

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Iran Nuclear Decision Further Threat To US Polyethylene Exports

By John Richardson

DONALD TRUMP’S decision to pull out of the Iran nuclear deal, combined with the increasing likelihood of a US-China trade war, risks pushing the US polyethylene (PE) industry out in the cold.

The above chart illustrates the …

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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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China plans to raise ethylene capacity by 113% in major self-sufficiency drive

By John Richardson

IN SEPTEMBER last year, I had thought that China might raise its ethylene capacity by as much as 71% by as early as 2022 over its end-2017 level of 23.5m tonnes. Now, though, our updated data show …

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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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Europe Polyolefins Must Confront Plastics Rubbish Crisis

By John Richardson

THE European polyolefins industry is quite often viewed as an industry with limited growth opportunities. But provided companies take the right upstream and downstream approach, the growth opportunities are substantial. Success will hinge on how successful the …

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Asian Polyolefins Markets Still Indicate Economic Slowdown

By John Richardson

ANOTHER week has led to another fall in Asian polyethylene (PE) and polypropylene (PP) prices despite higher naphtha feedstock costs on stronger crude oil.

Pricing has been weak since the Lunar New Year Holidays, (15-21 February). Market …

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