GLG News by Rubber Experts
Analysis of:
More Layoffs at N.C. Freightliner Plant (biz.yahoo.com)
The impact of clean air initiatives has landed in the laps of its participants. The old adage of "no pain, no gain" is an unfortunate reminder that any change intended for a greater good will generate short term consequences. In this case, 2006 Class 8 purchases reflected more of advance buys...
Analysis of:
Oil refinery capacity on the rise (money.cnn.com)
U.S. just won't give up driving, despite high gasoline prices. Refiners still adding capacity to meet demand. The new gasoline formula keeps refiners adjusting their units.
Analysis of:
G.E. Nears a Deal to Sell Plastics Unit (www.nytimes.com)
• Sabic (if successful in this acquisition) will operate GE Plastics more like the commodity company it is becoming and less like the speciality plastics company it has been. • Sabic’s strategy has been to grow outside of the Middle East through acquisitions and to more closely integrate...
Analysis of:
Organic-plastic company gets $15 million (news.com.com)
1. In most cases there is no difference between plastic from agricultural sources and from petroleum. 2. The key to successful manufacture of any product is cost which includes both raw material and processing costs. There is a wide variance in these costs while the price of the end product, plastic...
Analysis of:
Fuel for friendship (www.economist.com)
Ethanol in the U.S. will be costly.Ethanol producers will get squeezed.U.S. consumers will feel the pich of ethanol across many products.
Analysis of:
Univar to Acquire Chemcentral (chemweek.com)
U.S. Chemical Distribution has now reached the "Nationals"Which Chemical Distributor is next to be acquired or divested?U.S. Chemical Distribution market still over supplied.
Analysis of:
GM CEO Sees No End to Overcapacity (online.wsj.com)
GM has missed the boat, the dock and the road to the lake. This company is suffering from a serious disease called "Executivitis".
Analysis of:
CMT Asian Phenol and Acetone Conference (www.cmtevents.com)
Players in the polycarbonate chain must pick their niche versus attempting to maximize the entire phenol to polycarbonate chain. The short-term outlook for polycarbonate plastics looks strong.GE Plastics operates in the polycarbonate space.
Analysis of:
European Chemical plan advances (www.iht.com)
Implementation of Reach (Registration, Evaluation and Authorization of Chemicals) took a step forward earlier this month when the Environmental Subcommittee of the European Parliament voted by more than a two-thirds majority to pass tough and extensive control of chemicals used in Europe. The...
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