Tag Archives | methanol

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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US PE Exports: Impact Of China Tariffs On Smaller Markets

By John Richardson

LET US assume for downside planning purposes that the Chinese 25% tariffs against all US high-density polyethylene (HDPE) exports and 93% of US linear-low density (LLDPE) imports remain in place for the rest of this year and …

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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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China 25% Tariffs On US PE Imports Extended To All HDPE, Nearly All LLDPE

By John Richardson

CHINA has extended its 25% import tariffs on US polyethylene (PE) to include all grades of high-density polyethylene (HDPE) that it imported in 2017 and 93% of the grades of linear-low density PE (LLDPE) that it imported …

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China’s Latest Threat Of US Methanol Tariff Perfectly Targeted

By John Richardson

CHINA crunches exactly the same data as the rest of us, as I warned on Friday when discussing polyethylene (PE). China’s government is very aware of the dominant role China plays in global energy, petrochemicals and polymers …

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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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China’s Pollution/Economic Campaign To Reshape Petchems

By John Richardson

I BELIEVE that China’s environmental crackdown will continue to disrupt petrochemicals and polymers markets for the next few years.

This is not a temporary phenomenon that will largely go away with the end of the September 2017-March …

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China To Now Raise Ethylene Capacity By 84% As Self-Sufficiency Drive Accelerates

By John Richardson

SINCE my last update on 18 September, our ICIS China team have discovered a further 2.4m tonnes/year of ethylene capacity being planned in China via the steam cracker process (see the updated table above, with the changes …

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China Jobs Versus The Cost Curve

By John Richardson

ACHIEVING approval for any new petrochemicals projects in China is going to be a lot harder in the future, is a a growing view across the chemicals industry.

A senior executive with a US-based polyolefins producer, for …

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China’s “Overwhelming” Overcapacity

By John Richardson

A HOPE being expressed by chemicals and polymer traders and producers the blog has spoken to this week is that the surge in lending in China during the first quarter will result in stronger GDP growth later …

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