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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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China tariffs: Quantifying The Impact On US Petchems And Energy

By John Richardson

PRESIDENT Trump believes he is winning the trade war with China because of the much greater strength of US stock markets versus their Chinese counterparts. At the start of last week, for example, the two major Chinese …

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China 25% Tariffs On US PE Imports Extended To All HDPE, Nearly All LLDPE

By John Richardson

CHINA has extended its 25% import tariffs on US polyethylene (PE) to include all grades of high-density polyethylene (HDPE) that it imported in 2017 and 93% of the grades of linear-low density PE (LLDPE) that it imported …

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China Urbanisation Policies Threaten 7m Tonnes Of PE Consumption

By John Richardson

CONTINUED urbanisation in China, it is often said by petrochemicals and polymer company CEOs, guarantees further strong demand growth for their products.

But just because a statement is repeated on many occasions by very senior people during …

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China’s Latest Threat Of US Methanol Tariff Perfectly Targeted

By John Richardson

CHINA crunches exactly the same data as the rest of us, as I warned on Friday when discussing polyethylene (PE). China’s government is very aware of the dominant role China plays in global energy, petrochemicals and polymers …

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Polyethylene: Damage From Trade War Should Not Be Underestimated

By John Richardson

THE argument that the US-China trade war will have a minimal impact on the global polyethylene (PE) business is based on two assumptions, both of which I will argue could easily prove to be wrong.

Firstly, some …

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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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Increasing Risks Of Financial Crisis By End-Year

A sign that the central bank “put option” has come to an end

By John Richardson

EVER since 2008 there has been been a fantastic “put option” which has made the fortunes of many financial and commodity market investors. This …

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China Scrap Plastic Restrictions Create 111 Million Tonne Problem, Opportunity

By John Richardson

FOR so many years, developed countries were able to limit the extent to which they had to incinerate, landfill and properly recycle plastic waste by shipping the waste to developing countries, mainly to China.

A Science Advances …

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Six More Years Of America First: Implications For Global Petchems

By John Richardson

DESPITE all the criticism surrounding President Trump’s handling of the Helsinki summit, 79% of Republican voters said that they approved of how he handled his meeting with President Putin, according to Axios/SurveyMonkey.

The Wall Street Journal also …

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