Chemicals and the Economy

US exports to China fall, as cost advantage grows
15th February 2012 by

US petchem producers are planning a major boost to ethylene capacity. They now have the 2nd cheapest...

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China focuses on wage increases, social stability
14th February 2012 by

China’s bank lending fell 7% in 2011, following a 17% decline in 2010. As the chart shows (red...

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IEA forecasts show high oil prices destroy demand
13th February 2012 by

Over the past 18 months, the main investment analysts have argued that high oil prices would have no...

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Mahathir says Europe “must face up to new reality”
11th February 2012 by

Mahathir Mohamad is one of the Grand Old Men of the Asian political establishment. He was Malaysian ...

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Russia’s chemical production continues to grow
9th February 2012 by

Russia has been the great exception in regional chemical markets. Normally, production growth starts...

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Paraxylene starts to dominate the polyester chain
8th February 2012 by

Last April, China’s polyester market provided an early warning signal that the current downtur...

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Growth in US jobs and disposable income no longer following historical trends
7th February 2012 by

Short-term pressures have come to dominate financial markets in recent years. In turn, they have bec...

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Financial markets jump, but petchems remain slow
6th February 2012 by

Dow Chemical is usually optimistic. 6 months ago, for example, it reported that “our transform...

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Boom/Gloom Index and S&P 500 disconnect
4th February 2012 by

The blog, like many readers, has become rather fond of the IeC Boom/Gloom Index since it was launche...

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US housing discovers New Normal opportunities
2nd February 2012 by

The US housing market was the original cause of the current financial crisis. It has gone quiet rece...

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