Tag Archives | petrochemicals

Don’t Forget Turkey And Its Importance To Global Polyolefins

By John Richardson

YOU might well have forgotten the Turkish lira crisis because of the US/China trade war. But Turkey is crucial for the health of the global polyolefins business because of the size of its imports.

Before the US …

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Plastics Rubbish Crisis: How To Pick The Winning Polymer Producers

By John Richardson

IT IS FIVE years from now. You are rich because you live in the developed world. It is first thing in the morning. You take your rubbish (or trash as the Americans say) into you backyard and …

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Turkey Crisis: Implications For Polyolefins And Global Economy

By John Richardson

THE first ramification of the Turkey crisis is that the collapse of the lira raises questions over how Turkish importers will be able to afford the dollars to pay for some of the polyolefins imported since the …

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The Three Essential Oil Price, Economic Growth Scenarios For Petchems

By John Richardson

ALL the excitement over the positive impact of US tax cuts should be placed very firmly in this context from an early July Reuters article:

US budget analysts generally look at the impact of tax changes over …

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Why China Will Rapidly Become Paraxylene Self-Sufficient

By John Richardson

WOW, what an opportunity. That might be your reaction to the two above charts. On the left, you can see a quite breath taking rise in China’s paraxylene (PX) net imports (imports minus exports). In 2007, China’s …

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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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Electric Vehicles And The Collapse In Oil, Polymers Demand

 

By John Richardson

IN THE mid-1980s, AT&T hired a consultant to estimate the level of US mobile phone ownership by 2000. They estimated 900,000. The actual number was 109 million.

The petrochemicals and polymers industry is at risk of …

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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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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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Stock Markets: Real Implications For Petchems and Risks Of A “Cynical Bubble”

By John Richardson

WHEN stock markets are rising, the proverbial garden can look as if it is blooming with summer flowers without a weed in sight.

But the underlying data suggest wealth inequality is still a major issue in the …

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