Chemicals and the Economy

LyondellBasell considers bankruptcy
31st December 2008 by

2008 has not ended well for the chemical industry. First there was the collapse in demand, as the va...

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Kuwait “scraps” K-Dow JV
29th December 2008 by

2008 has not been a good year for M&A in the chemical sector. First, there was the collapse of H...

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The impact of banking crises
28th December 2008 by

The blog has been searching the websites of the major central banks, such as the IMF, World Bank, Fe...

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Oil hits $34/bbl
22nd December 2008 by

The blog’s oil price forecasts have had a stellar record this year. Last month, with its $70/b...

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Roubini on the 2009 Outlook
22nd December 2008 by

Prof Nouriel Roubini has long been correctly bearish about the economy, and was one of the first to ...

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Chemical production growth goes negative
20th December 2008 by

The chart, taken from the weekly ACC report, shows just how badly chemical production has been hit i...

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M&A focus to change in 2009
19th December 2008 by

The recession will have a major impact on M&A activity next year, according to a new analysis b...

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European olefins move to monthly pricing
18th December 2008 by

The blog warmly welcomes the move by players in the European olefins market to re-engage with monthl...

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A final push on the piece of string
17th December 2008 by

Yesterday the US Fed cut interest rates to an all-time low of 0% – 0.25%. Once again, Wall Str...

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UK housing starts “lowest since 1924”
16th December 2008 by

The UK is expected to build just 135,000 houses this year, compared to 203,500 in 2007. This is the ...

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