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Rising interest rates, volatile exchange rates, high oil prices and plastic waste challenge aromatics industry

Fears are rising about the risks of recession, as I discuss in a new one-page summary of the key issues facing the aromatics industry, ‘What does the future hold for Aromatics?‘.  Please click here to download it. These issues will also be key topics at next month’s 17th World Aromatics and Derivatives Conference, jointly organised with ICIS, […]

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China’s increase in chemicals self-sufficiency will hit US shale gas expansions

Some years ago, when China was well on the way to becoming the world’s largest importer of chemicals, a reporter asked the chairman of Sinochem, China’s largest chemical company if China intended to keep increasing its imports?  ”Not at all” was Su Shulin’s reply, “This is temporary.  It is not our strategy.  We will become […]

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Shell, Bayer, Tullow to speak at World Aromatics conference

Next month’s World Aromatics and Derivatives Conference in Brussels has a range of top-name speakers discussing key issues for the markets. Co-organised as always with ICIS, it features: Shell:  Global strategy manager Herbert Le Lorrain will present Shell’s new scenarios for the future, ‘Mountains and Oceans’ Bayer MaterialScience: New procurement head Christian Buhse will provide his first impressions […]

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Supply shortages drive olefin market profitability

The above chart would have seemed unbelievable at any time in the past 30 years. It shows the performance of propylene and butadiene relative to ethylene.

Not because it shows butadiene prices racing ahead relative to ethylene (green line). This hap…