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Asian Chemical Connections

The Petronas Decision: What It Means

By John Richardson LAST week’s decision by Petronas to go ahead with its $27bn refinery and petrochemicals complex at Pengerang in Johor, Malaysia, tells us that: Nation building remains important in the petrochemicals business. This project will create huge further economic value for Malaysia through all the construction and operating jobs created and the revenues […]

Update 2: Reliance Betting On US Competitiveness

He’s not bad at making money Source of picture: www.dealbreaker.com   SOME of the logic behind Reliance Industries’ bid for LyondellBasell could be a recognition that the globalisation of petrochemicals markets may have gone into partial reverse. A climate bill passed by the House of Representatives has a provision for taxing imports from countries where emissions […]

Is your company truly globalised?

Globalisation is an attitude of mind as what might now be a slightly descredited economic doctrine. Many companies are international but few – from talking to friends and contacts – are truly global in the sense that they recruit senior managers from all regions (not just the country in which their head office is located) […]

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