The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China. China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a license to build a naphtha cracker complex by offering crude supply through its new jv. […]
Asian Chemical Connections
Bali doesn’t go anywhere near far enough
At least the US is on board, but the pact to reduce emissions by 25-40 per cent by 2020 might well not be sufficient to prevent the 1.5 centigrade rise in global temperatures that will be disastrous for the planet. In another excellent article from George Monbiot of The Guardian, he argues that we need […]
Asia needs a recesssion
Asian industry leaders are playing lip service to the environmental crisis the world confronts . George Monbiot, the excellent author and journalist, argues that what the West needs is a recession to give the planet a breather.Asia also needs a substantial economic slowdown to give policymakers and technology developers more time.
Asian biofuels face a big crisis
After all the optimism, all the hype and a lot of investors’ money, the industry has shot itself in the foot by failing to build demand ahead of supply. Plus the negativity caused by food versus fuel and environmental counter-arguments to supporting this current generation of technologies is making some Asian governments hesitate on providing […]
I wish the energy game were as simple as this…..
Click on the link here for a virtual way of boosting your green credentials without having to recycle one actual plastic bag, being knocked into the gutter by a gargantuam-bellied white van driver while cycling to work or cancelling one flight to the other side of the world to broaden your dinner party conversation – […]
Will the next World War be over water?
Please read this – http://www.nytimes.com/2007/09/28/world/asia/28water.html?_r=1&pagewanted=all&oref=slogin Don’t worry, just keep concentrating on the short term – after all, all you have to do is keep your boss happy and make it through to retirement with loads of money in the bank. Or let’s assume you are worried. What can the chemicals industry do to address this […]
Is your glass half empty of half full?
Hopefully, completely empty if you happen to live in China and can only afford to drink tap water. However, it’s not the environment that this is this week being viewed as the biggest threat to the economy, but rather inflation as this article from ICIS news explains.
The idiocy and hypocrisy of biofuels
I am having a go at the US here (see article below) – a pretty big target – but don’t worry, Asia is the next in line on this blog: the opportunistic, shallow and downright unpleasant palm oil-based biodiesel industry deserves similar treatment. As for ethanol, Rex Tillerson has a point. The CEO of ExxonMobil […]
How clean are coal-to-liquids? Does it really matter?
Paul Hodges, in his excellent chemicals and the economy blog, talks about the recent Shenhua Energy listing on the Shanghai stock exchange and how it shares jumped by 93% following the IPO. Now it has ample cash to pursue its ambitions. Shenhau is just one of numerous companies involved in coal-to-liquids projects in China which […]
Could new laws threaten your supply chain?
I am at logistics conference at the moment where the major theme is a chronically tight global container shipping market because of booming exports from China. Ports are congested, waiting times are increasing, freight rates have in some cases doubled in the last two months(for example, the Middle East-Asia route) and there is no immediate […]