Wall Street rounding up investors? Source of picture: Rex Features In a guest blog post, Joseph Chang, the global editor of our magazine, ICIS Chemical Business, echoes our own concerns that it is getting very frothy out there. The “this time it will be different” school of thought sems to be controlling the sentiment […]
Asian Chemical Connections
Will the US lead the next olefins wave?
By Malini Hariharan A few weeks back after a post on the rise of shale gas the blog was asked a question about new petrochemical investments in North Americas. Were they feasible? Would ethane prices remain attractive for the long term especially considering the recent run up in spot prices. Well, companies are certainly confident, […]
How Can This Year Not Be A Let Down?
Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way Source of picture: stonesoupstationblogspot.com By John Richardson CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could well turn out to be a year of disappointment following the very high expectations set […]
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