Chemicals and the Economy

BASF – the German oil and gas company
2nd March 2009 by

BASF’s reported results for 2008 show that its profits are increasingly coming from the oil an...

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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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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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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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Resilience, team-work, key to survival
15th February 2009 by

Last week, the blog spent 2 days at Wilton in the UK, one of the world’s largest and most inte...

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China allocates $58bn to stimulate petchem exports
13th February 2009 by

China plans to increase petchem production as a way of stimulating its economy. According to the Chi...

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The man with a plan
11th February 2009 by

Yet again, as in October, ‘buy on the rumour, sell on the news’ has been the financial m...

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Crisis “more serious than the 1930’s”
10th February 2009 by

Last August, the blog noted that politicians were beginning to wake up to the scale of the current c...

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LyondellBasell may be largest-ever bankruptcy
9th February 2009 by

The financial fallout from the Lyondell (LBI) bankruptcy continues, as the banks slowly begin to ack...

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Germany’s industrial orders collapse 29%
8th February 2009 by

There is little justice in today’s recession. Countries that saved hard, and avoided reckless ...

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