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Asian Chemical Connections

New Business Mindset Needed

By John Richardson THE global chemicals industry became used to healthy and steady rates of demand growth during the “Great Moderation” in the West, before the 2008 crisis. As fellow blogger Paul Hodges wrote in January of this year: “Executives could usefully spend time debating whether ethylene growth rates might be 4.2%, or perhaps 4.5%, […]

China Inflation Impact On Chemicals

By John Richardson POLYETHYLENE (PE) prices were assessed stable-to-weaker by my colleagues at ICIS pricing late last week as Sinopec was reported to be evaluating a 10% reduction in operating rates. Sinopec hardly ever cuts production on market conditions as its main objective is not to make a profit, but rather serve local manufacturing industry […]

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