China's Currency Valuation Change and the Rare Earth Mining Sector
June 19, 2010
China Signals a Gradual Rise in Value of Its Currency | www.nytimes.com
China, today, June 19, 2010, announced that its national currency, the renminbi, will from now on be linked to the value of a "basket" of currencies rather than "just" the US dollar. Rare earth mining entrepreneurs outside of China will tell you that this is now a reason to buy into their ventures or to support IPOs for them. But I think there is another side to the coin. One that should give investors looking at the rare earth mining sector pause.
Automotive Industry Consolidation and M&A Will Occur, But what are the Targets?
June 15, 2010
Faurecia, Valeo Plan Takeovers as Car-Parts M&A Looms | www.bloomberg.com
The article in Bloomberg suggests that automotive Tier suppliers will be goig through some consolidation, merger and acquisition, but what sort of companies would be of interest and what are the strategies? What are some of the predictors that will drive the analysis, from an industry standpoint.
"60 Minutes" and Phthalates - CBS was "Fair and Balanced" and Gave Hope for BPA
June 14, 2010
Phthalates: Are They Safe? | www.cbsnews.com
The "60 Minutes" piece by Leslie Stahl aired on May 23 is among the most balanced views of a potential chemical-related health issue by the mainstream press. The debate shifted away from emotion and toward a more general overview of the uncertainty of health effects and the trade-offs of the everyday use of chemicals. One balanced piece will not significantly alter the debate on BPA, but perhaps this piece will show industry a way to shift public and regulatory sentiment in the future.
Paint Producers Continue to Suffer Raw Material Shortages
June 11, 2010
Market shortages showed signs of easing on some products, but the focus in June has switched to Methyl Methacrylate monomer (MMA).
China Seeks Self Sufficiency in Automotive Exhaust Emission Catalytic Converters
May 25, 2010
China seals African platinum deal | www.ft.com
China is now the largest producer of motor vehicles of any one country; it has almost certainly already surpassed the United States for that title permanently. In 2009 China produced 13.5 million motor vehicles; it is predicted that this production rate will reach 18 million per annum by 2015; and 21 million per annum in 2020.The exhaust from internal combustion engines using hydrocarbon fuels is cleaned by catalytic converters using the properties of platinum, palladium, and rhodium
Dow Chemical's new Vision focuses on Performance and Market-Driven businesses
May 17, 2010
Dow Chemical to focus on performance businesses | www.icis.com
Dow Chemical became the world's second largest chemical company via a focus on Basic petrochemical and polymer products. Now, in a further sign of the changing strategic thinking that led to the Rohm & Haas acquisition, it is shifting its focus to the Performance and Market-Driven businesses. Its new Vision highlights its aim to be ‘science-driven’ in future.
Chemical companies see upturn, but not yet a sustained recovery ahead
May 3, 2010
The chemical industry is a well-known leading indicator for the world economy. Yet 18 months after the financial crisis began, my regular review of company's quarterly results reveals few signs of optimism that a sustained upturn is underway.
Acrylic Acid/ Acrylate Prices Hit Record Highs
April 9, 2010
The recent global market disruptions continue. Two more producers have announced product allocations in North America. Nervous buyers propel prices higher.
Propylene and butadiene prices rise above ethylene in Europe
March 27, 2010
The arrival of the new ethane-based crackers in the Middle East is starting to have its anticipated impact on olefin markets. This week, for the first time ever, European contract prices for propylene and butadiene were settled higher than ethylene. This is the first sign of the major impact that this new capacity will have on world markets, as demand growth continues to disappoint.
Weakening Asian Polyethylene Demand Backs Up into the US
March 22, 2010
Excess stocks in China weighing down sentiment in global PE markets | news.alibaba.com
Chinese traders are re-exporting imported polyethylene to pull down inventories and adjust to weaker demand. This has pulled down prices in Asian and may hinder US exports to the region.
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
It's too early in the game to write off Shtokman
December 8, 2011