Specialty Chemicals Growth in 2010 Will be Modest and Uneven and Led by China
October 21, 2009
10,000: Then and Now | www.nytimes.com
Signs are emerging in the specialty chemicals value chains that show an overall improving global economy, but one with unevenness by region and by economic sector. Our indicators show China leading all regions in 2010 growth while manufacturing will lead all sectors. Lagging will be housing and the regions of North America and Europe.
Flexible Packaging Industry depends on Consumer Spending for Growth
October 13, 2009
Flexible packaging will return to growth in 2011 | www.europeanplasticsnews.com
Flexible packaging volume growth is highly dependent upon the growth of consumer products, particularly non-discretionary products such as food. Value growth is dependent upon volume as well as pricing which has been under pressure in 2009 as the inputs associated with oil have dropped in price forcing packaging producers to pass on much of the decrease. Value will likely be down this year but volume will not.
Huntsman's Move In China Should be Polyurethane
September 28, 2009
Huntsman seeks deals in China | www.ft.com
Huntsman has announcement they are seeking deals for their textile chemicals business in China which seems misplaced given the strength and importance of their polyurethane business in this region.
BASF Nylon Plant Closure Reflects a Global Shift in Demand
September 21, 2009
BASF to Close Permanently Nylon-6 Plant in Germany | chemweek.com
BASF's closure of the nylon 6 plant in Rudolstadt, Germany is reflective of the broader global trends affecting nylon - slower demand growth that is shifting toward China and away from Europe and North America.
Chemical Industry Study on Greehouse Gases - an interesting framework
July 21, 2009
Chems industry reduced global GHG by 11% in 2005 - ICCA | www.icis.com
The International Council of Chemical Associations emissions be enabling applications and technologies that serve to reduce overall societal emissions. Of great importance are chemical-based insulation, crop fertilizer/protection chemicals and improved lighting.
Sabic’s Dismal Q2 Results Unlikely Representative of the Petrochemical Industry
July 20, 2009
UPDATE 1-Saudi Basic Industries' Q2 profit plummets on crisis | www.iii.co.uk
Sabic buys feedstocks at a low, fixed price, so falling prices mean falling EBITDA.Market conditions for Sabic in Q2 of 2008 were different that for other non-Middle Eastern producers.
After Dow’s Petrochemical Plant Closures – More Yet to Come
July 5, 2009
Dow Chemical to Shut Three Louisiana Ethylene Plants (Update3) | www.bloomberg.com
This plant closure will have no immediate impact on the ethylene market. There may be additional rationalization coming in petrochemicals. What may close in the future is a big gamble.
Dow Ag interest heating up again
June 22, 2009
ChemChina Taps JPMorgan for Dow Chemical Unit Bid | www.cnbc.com
Dow's hand is forced regarding more divestitures to pay down ROH leverage. The only uncertainty is whether units like Ag will be sold outright or into a JV entity.
June 4, 2009
SCR court battle heats up | fleetowner.com
Navistar has petitioned a Federal court to overturn EPA certification of competitors' SCR systems for 2010 NOx compliance. This could signal issues with Navistar's EGR only strategy as they seek to postpone the 2010 deadline.
BPA regulations pick up momentum
May 20, 2009
City of Chicago Bans BPA | chemweek.com
The recent regulation by the City of Chicago which bans the use of bisphenol A (BPA) in food/beverage containers for children continues the increasing trend that started in Suffolk County (New York). Banning or limiting the use of plastics and resins containing (BPA) will impact the infant care and metal packaging markets the most. BPA-free alternative technology is available but users and converters in these industries will have to make trade-offs and in some cases invest in new equipment and tooling to make the switch.
Big-Foot YRC Drops the Other Shoe on Shareholders
November 3, 2009
Bombardier Barbs Shows CSeries Can't Cut The Mustard
November 2, 2009
New 777 Depends On 787 Success
October 13, 2009
Airbus Lost $7.5bn+ Trying to Flog the A350XWB
August 28, 2009
Airbus A380 Struggling To Cut The Mustard?
August 24, 2009