By John Richardson AS you can see from the above chart, China’s percentage share of the global polypropylene (PP) market has risen from 15% of consumption in 2000 to 33% in 2014. During the same period, however, India’s share of worldwide consumption only rose from 7% to 9%. This kind of chart is used as […]
Asian Chemical Connections
3D Printing Likely To Change Just About Everything
By John Richardson 3D printing will very probably force manufacturers, including those who make chemicals and polymers, to build entirely new business models. Here is why: The young in Western societies will be poorer because of less aggregate demand as a result of the retirement of the Babyboomers. They will need to save a lot […]
Politics, Politics And More Politics
By John Richardson CHINA’s extraordinary economic growth is, of course, largely the result of state-led investment in low-value manufacturing. But, as we discussed in chapter 10 of our book, Boom, Gloom & The New Normal, China now needs a new growth model if it is to escape the middle-income trap, as defined by the West […]
3D Printing: The New Industrial Revolution
By John Richardson MANUFACTURING via 3D printing could result in an industrial revolution as big as that which occurred in 1766 with the invention of the spinning jenny (see above). “The pedal-powered machine allowed a single person to spin eight cotton threads at a time rather than just one,” wrote James Grubber in this edition […]