Chemicals and the Economy

Europe can win despite age trends
2nd June 2015 by

We all know that Europe has an ageing population.  Germany and Italy, for example, have median ages...

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Time to look forward, not back, for European petrochemicals
29th September 2014 by

The European petrochemicals industry is in crisis.  Operating rates dropped below 85% in H2 2008, a...

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Sinopec & China arrive in New Normal of low growth and profit
23rd September 2014 by

Sinopec is China’s largest chemical producer and its second largest refiner.  The blog’...

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ExxonMobil Antwerp to spend $1bn boosting diesel capacity
14th July 2014 by

When the world changes, companies either change with it or go out of business.  The market for stag...

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US shale revolution puts squeeze on European chemicals groups
12th December 2013 by

The Financial Times has carried an excellent analysis this week of the key shale gas issues facing ...

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Boom/Gloom Index hits record high as western financial markets soar
9th December 2013 by

The best view is always from the top of the mountain.  At least that is how it feels today, with th...

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Global chemical operating rates remain well below SuperCycle levels
7th November 2013 by

The latest American Chemistry Council report on global production shows output was up 3% versus Sep...

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Grangemouth closure could force downstream converters to shut
23rd October 2013 by

  One never wants to see a major petchem plant shutdown, especially one with the history of Gra...

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Warning flags fly over Europe’s olefin business
13th February 2013 by

2012 was another difficult year for the European olefin industry. As the chart above shows, based on...

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Europe’s olefin operating rates remain at recession levels
29th November 2012 by

Europe’s political leaders were deadlocked last weekend over plans for the EU’s new Budg...

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