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Chemicals and the Economy

EU, US caustic soda output slows as China’s exports rise

Chlorine and caustic soda are some of the most widely used chemicals.  Thus their performance is always a valuable leading indicator for the wider chemical industry and the economy itself.  So the chart above, based on Eurochlor data,  is a worrying sign: Chlorine production is down by 1.9% in 2013, after a 2.9% fall in 2012 Caustic […]

Iran talks offer hope on oil prices

Iran has been at the centre of all the major oil market price spikes in the past few decades: Today’s record prices on an annual basis are partly due to market fears over supply disruptions due to the Iran/Israel nuclear issue Fears over a nuclear showdown also led prices to jump to $150/bbl in July 2008, when the […]

Growth remains below SuperCycle trend, whilst debt is building

Whisper it quietly, so as not to disturb policymakers’ dreams.  But the charts above from the Financial Times confirm, as if proof were needed, that their policies of the past 5 years haven’t worked. The charts compare trends in economic growth in the world’s two largest economies, the Eurozone and the USA.   As the arrows indicate, both are […]

Scotland launches industrial biotech strategy

Development is clearly hotting up in the industrial biotech area.  The key is the increasing demand by consumers for sustainable methods of production.  As Antonello Ciotto, commercial director of Equipolymers, told our Conference in Brussels this week, the major brand owners are forcing the pace on this issue: Coca-Cola:  “We are working to completely eliminate […]

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