By John Richardson
THE project activity in Indonesia, as the slide above, from our ICIS training Introduction to Petrochemicals Part I training programme, is a little worrying
But there is one slight problem here: Demand.
In the case of Indonesia, this excellent article in Forbes magazine from economist Jesse Colombo points out that China’s huge economic stimulus package of 2009 followed by the Fed’s quantitative easing programme have created the illusion of sustainable growth.
(THE blog is travelling in the Middle East at the moment and so apologies for the reduced coverage. There will be no post tomorrow, but we shall be back on Thursday).