SABIC warns on demand
20th October 2008 by

As the blog noted earlier this month, everyone looks to the majors for guidance during difficult tim...

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Oil futures focus on $50/bbl for December
20th October 2008 by

Futures markets are taking an increasingly gloomy view of oil demand. And over the past 2 weeks, the...

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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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Returning Boards to their proper role
17th October 2008 by

Today sees a supportive follow-up in the Financial Times to yesterday’s posting about LloydsTS...

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Recession almost certainly now underway
16th October 2008 by

Asian naphtha spreads versus crude oil have fallen to all-time lows. Dubai crude was reported at c$8...

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The dying days of the ‘shareholder value’ cult
16th October 2008 by

On Monday, governments announced c$3.5 trillion of recapitalisation and capital injection into the g...

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The aptly named Mr Darling
14th October 2008 by

In August, the blog welcomed the statement by UK Finance Minister, Alistair Darling, that the ‘...

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US auto sales fall again in Q1
3rd April 2008 by

Car sales are of major importance to the chemical industry. The ACC calculates each new car uses $24...

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IMF expects low growth, high inflation
2nd April 2008 by

The IMF now sees a 25% chance of a world recession this year, in which global growth would fall belo...

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A simple guide to the credit crisis
19th March 2008 by

The New York Times has an excellent feature today that aims to explain how ‘US sub-prime mortgages...

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