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US-China Trade War: Global Recession, Collapse Of Polyethylene Markets

By John Richardson

YOU have had more than 12 months to prepare for a global trade war that is becoming ever-more likely, almost by the day. This would lead to a new global recession given the shaky nature of today’s …

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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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Plastic Rubbish Crisis: No More Business As Usual For Polymers

By John Richardson

DO NOT underestimate the ability of public opinion to reshape markets. That’s my first warning to any polymers industry executive out there who thinks future success will come from a business as usual approach.

Public anger at …

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Petrochemicals Markets Point To Synchronised Global Downturn

By John Richardson

IF you repeat something enough times, such as the “emperor  is wearing clothes”, lots of people begin to believe it. So is the case with the widespread idea that we are in the midst of an unshakeable …

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US-China Trade War Draws Closer: Impact On Petrochemicals

By John Richardson

NOTHING that has happened over the last 24 hours should take you by surprise. Your petrochemicals company has had ample time to prepare for the US-China trade war that has now become a much stronger possibility following …

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Digitisation Will Transform Petchems As Plant Reliability Increases

Global volatility in pricing will also be greatly reduced as unexpected outages largely become a thing of the past

 

By John Richardson

EUROPEAN polyolefins have painful memories of 2016 because it was a year of major supply shortages.

Polyethylene …

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China Polyethylene: Inland Growth And Internet Sales Versus Threat From Sustainability

By John Richardson

THE ABOVE CHART uses the same approach I used in late February for my post on per capita polypropylene consumption in China. In this case, my focus is on polyethylene (PE):

The latest available IMF data for…

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US Polyethylene: Even Without Trade War, $6.2bn Of Sales In China At Risk

By John Richardson

AS THE number of exemptions from the new US steel and aluminium tariffs grow for Americas “friends”, the direct impact of the tariffs might end up being fairly minimal. So far, Canada, Mexico and Australia have been …

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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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