INEOS announce €1bn inventory loss in Q4
25th January 2009 by

In early October, I forecast that we were about to revisit “the scariest moment of my 30 year ...

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European auto sales to fall 16% in 2009
12th January 2009 by

European auto sales fell 8.4% in 2008, versus 2007. Sales of 13.56m autos were just ahead of the USA...

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US auto sales at 1992 levels
6th January 2009 by

December was another bad month for US auto sales, with volumes down 36% versus 2007. Total 2008 sale...

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The blog in 2008
3rd January 2009 by

The blog is now 18 months old. It has a truly global readership, and as shown in the above map, is n...

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European auto industry shuts down
10th December 2008 by

Several European chemical companies have been undertaking surveys of likely near-term demand from th...

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November US auto sales down 37%
3rd December 2008 by

US auto makers today told Congress their “rescue plan” now needs $34bn in support, whils...

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Japan’s industrial output collapses as exports dive
30th November 2008 by

Japan has an ageing population. Since 1990, it has relied on exports to boost its economy. Yesterday...

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Rolls Royce prices start to slide
4th November 2008 by

BMW, the world’s largest luxury car manufacturer and owner of Rolls Royce motors, today abando...

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Budgeting for survival
19th October 2008 by

The blog prefers to be optimistic. But 30 years in the chemical industry has taught it to be extreme...

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Auto markets face ‘outright collapse’ in 2009
9th October 2008 by

Collapsing housing markets are creating major problems for chemical companies worldwide. Now JD Powe...

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