Tag Archives | shale gas

US LLDPE exports to Europe to increase by at least 70% in 2019

By John Richardson

ON MONDAY I took the percentage shares of total US linear-low density polyethylene (LLDPE) exports in 2017 country by country and on this basis modelled what could happen in 2019.

We are next year due to see …

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US LLDPE needs 68% export growth next year to top five markets…..

…..and that’s assuming there is no trade war with China!

By John Richardson

THE MORE you dig into the data the more it seems that the US might struggle to find a comfortable home for all of its new polyethylene …

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US/China trade war will escalate even if new tariffs are delayed

By John Richardson

BY LATER today we may or may not know whether President Trump will proceed with threats to impose a further $200bn worth of tariffs against Chinese imports.

This decision is of critical importance to the global chemicals …

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US ethylene glycols: The Cost Of Exclusion From China

By John Richardson

IF THE US were unable to export ethylene glycols (EG) to China the economic logic of US capacity expansions would face major challenges.

Between 2018 and 2025, China will account for no less than 84% of global …

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US Economic Strength Of Little Benefit To Global Polyolefins

By John Richardson

THE BETTER that things get in the US (provided you own equities and are not on a zero-hours contract) the worse things become in emerging markets.

Despite a weaker greenback on a trade-weighted basis, the investor sell-off …

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Why Trade War Will Continue Throughout 2019 And Impact On Polyethylene

By John Richardson

A MISCALCULATION by the White House could be one of several reasons why the US/China trade war continues throughout 2019 – and possibly even beyond that.

This is the idea that China is losing the trade war …

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Asian Naphtha-PE Spreads Collapse By 80% As 2018 Challenges Build

By John Richardson

ASIAN naphtha-to-polyethylene (PE) spreads collapsed by 80% in the first week of January compared with December last year because of the failure to pass on the rise in naphtha feedstock costs resulting from higher oil prices.

In …

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Global Polypropylene In 2018-2025: What To Plan For

By John Richardson

THIS could be an excellent investment opportunity. Our ICIS Supply and Demand Database base case for Asian and global polypropylene (PP) operating rates sees the steady and steep climb that began in 2014 carrying on until a …

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Polyethylene: A World Turned Upside Down

By John Richardson

THE recent history of polyethylene (PE) shows a global competitive landscape very different from that which most people expected two years ago.

Two years ago, we were told that the natural price for oil was $100/bbl because …

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Why US Natural Gas Will Stay Very Cheap

By John Richardson

CONVENTIONAL thinking about US natural gas prices is that they will start to edge up over the next few years.

Reasons include major shale gas investment cutbacks resulting from the recent collapse in US natural gas pricing.…

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