It looks like olefins and aromatics prices are on the retreat in Asia as I predicted earlier this month. I only feel slightly smug because it seems obvious that naphtha was a big driver – and that markets were being talked up by producers desperate to recover monumental Q4 losses. There will be lots more […]
Asian Chemical Connections
How to make money in a downturn Part 1
John Cusack, Kate Beckinsale, antidumping petitions, trade protection, living in cloud cuckoo land
It’s tough at the top…….
It’s easy to take pot shots at the boss, and everyone of course feels they have been underpromoted and could do the job better themselves. Andrew Liveris is just the latest in a long line of CEOs to experience both envy – and at the moment perhaps a little pleasure at their failures. The gloating […]
Chem engineers back with avengeance
chemical engineers, financial meltdown, Nigel Davis, inventory management, H2 2009 recovery
Any spare change, Mister?
Financial Times, LyondellBasell, Federal Reserve, state ownership, Barack Obama, Us stimulus package
“Now, I have this great idea”….
Bernard Madoff, Ponzi Scheme, financial meltdown, parting of the red sea,
Waiting for the dead cat to bounce
Free-falling felines, dead-count bound, chemical-market rebounds, financial meltdown
The “Minsky moment” for petrochemicals
The Minsky moment, Paul Hodges, APIC, giant bubbles, the death of cycles
Obama’s impact on Asian petchems
The new energy New Deal, death of the Asian export model, new types of growth, bankers,
I will wait for this Lego truck to hit S$100
LyondellBasell, Volker Trautz, Lego, recycling, deflation, financial meltdown