By John Richardson THE higher that oil prices go the more the US petrochemical industry’s margins have expanded. Petrochemical prices are oil-driven and, therefore, have to go higher as crude becomes more expensive, whereas the cost of shale gas-based ethane keeps on falling due to rising supply. US petrochemical producers are cracking increasing amounts of […]
Asian Chemical Connections
What an excellent boss
By John Richardson VERY occasionally the blog deviates from its close coverage of petrochemical markets to focus on broader business issues. Today is one such occasion after a discussion with a manager of a major Asian chemicals trading operation. The manager is convinced that the good times are behind us, to refer back to the […]
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