Chemicals and the Economy

The cycle of deflation
28th February 2009 by

US fund managers Comstock Partners reported a 50+% gain on their flagship Capital Value Fund in 2008...

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Asian exports collapse – Japan’s fall 46%
26th February 2009 by

Japan’s exports fell 46% in January, after a 35% fall in December. Exports to the US fell 53%,...

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Arise, Sir Evil?
25th February 2009 by

Apparently its not just Jim Cramer who is less than happy with the current performance of Dow CEO, A...

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Knowing what we don’t know
25th February 2009 by

At a time of uncertainty, its sometimes helpful just to frame the questions that need to be answered...

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Destocking follows previous recession experience
24th February 2009 by

Destocking is currently a key issue for the chemical industry. The above chart, from Andrew Sentance...

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Abu Dhabi snaps up Nova Chemicals
24th February 2009 by

Nova’s CEO, Jeffrey Lipton, has always been the great optimist of the petrochemical industry. ...

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Consumers prioritise “needs” versus “wants”
22nd February 2009 by

The current recession is the blog’s fourth, after those of the mid-1970s, and early 1980’...

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$26bn LyondellBasell restructuring hits legal minefield
20th February 2009 by

Vita’s restructuring was relatively simple from a legal point of view, as it just involved Eur...

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Vita’s restructuring sets a pattern
19th February 2009 by

Vita Group has chemical sales of €1.5bn, 5000 employees, and manufactures in 20 countries. In Dece...

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TOTAL warn on oil supplies
18th February 2009 by

TOTAL’s CEO, Christophe de Margerie, has become even more pessimistic on the future of oil sup...

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