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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ExxonMobil says older plants need to shut
8th February 2009 by

Restructuring will become an important issue for the chemical industry, according to John Verity, Ex...

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Brazil’s exports fall 29%
4th February 2009 by

The emerging economies, which built their growth on exports to the West, are being badly hit by the ...

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ExxonMobil weathers the storm
4th February 2009 by

One can still rely on ExxonMobil to deliver positive results, even whilst the world is collapsing ar...

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S Korean exports drop 33% in January
2nd February 2009 by

The scale of the crisis in Asian economies becomes clearer, month by month. Exports account for near...

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China plans “extraordinary measures”
2nd February 2009 by

China faces a difficult outlook, after the collapse of its main export markets in the West. Intervie...

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Global chemical production down 4.4% in November
25th January 2009 by

Global chemical production is now falling at an alarming rate, down over 4% in November, as core dem...

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European olefins move to monthly pricing
18th December 2008 by

The blog warmly welcomes the move by players in the European olefins market to re-engage with monthl...

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