New Diaper - Is it Really a Big Environmental Win?
March 17, 2010
P&G Puts Billions Behind Sustainability | www.brandweek.com
P&G should be applauded for attempting to reduce waste. Does Pampers® Dry Max truly help achieve this goal and benefit the environment?
No end to agony for the Coatings and Adhesive Industry, as Acrylic prices rise?
March 17, 2010
Cost increases continue unabated for producers of coatings and adhesives | councils.glgroup.com
Problems for US industry have increased since our analysis of Feb.12th. As of 9th March Dow Chemical announced Force Majeure for Glacial Acrylic Acid (GAA and GAA-FG) manufactured at Deer Park, Texas. Propylene continues short forcing costs up irrespective of availability. What will be the impact on the spring ‘coatings season’?
UK media speculate over Ineos asset deals as EBITDA doubles
March 16, 2010
Ineos' EBITDA doubled last year to €1222m from €594m in 2008. Its liquidity has also improved by €100m as a result of the Kerling divestment, whilst the $350m fluorochemicals sale completes later this month. But as its Chairman Jim Ratcliffe told The Times in December, "at some stage there has to be an asset sale". Ineos is the UK's largest privately-owned company. The UK media are therefore starting to keep a close eye on developments.
Chemical companies see no sign of a quick recovery
February 26, 2010
BASF damps hopes of quick recovery | www.ft.com
The chemical industry is a well-known leading indicator for the world economy. If a recovery was in sight for 2010, then companies would be seeing it by now. In fact, my usual survey of quarterly reports shows great unease, with CEOs worrying what will happen in the West as stimulus programmes fade. Sinopec also now sees challenges ahead. Only Reliance, focused on the Indian market, strikes an optimistic tone.
Price Discovery Mechanism Proposed for Rare Earth Metals
February 13, 2010
Electric Motors, Made to Order | www.nytimes.com
There has been talk of setting up ETFs for rare metals, in particular for the rare earth metals, for the last two years. The waiting period for this type of price discovery mechanism for some of the rare metals, at least, may be over.
Cost increases continue unabated for producers of coatings and adhesives.
February 12, 2010
Arkema increases Acrylic Acid and Acrylic Esters prices in Europe | www.arkema.com
The US Acrylic Acid Industry has consolidated considerably in recent years. Basic raw material costs continue to rise and there are a number of capacity outages current and expected. What will the impact be on the costs of raw materials for producers of Coatings & Adhesives? (Note that on 9th February, 2010, similar increases were announced in North America, effective 1st March or as contracts allow)
Sunoco Polypropylene Good Deal for Braskem
February 1, 2010
Sunoco Announces Agreement To Sell Polypropylene Business | www.thestreet.com
Braskem hits the polypropylene market as demand and prices are rising. The price of $350 million is just about half of replacement cost.
January 26, 2010
Quattor acquisition does not alter US plans, says Braskem CEO | www.bnamericas.com
Braskem is now the largest polyethylene producer in the Americas. They have aggressive expansion plans that include purchasing US assets and new facilities in other Latin American countries.
January 25, 2010
Coke's New Bottle Is Part Plant | online.wsj.com
Coke's new plant-based PET still requires the production of the plastic. So here's an environmentally responsible measure that does not hurt PET.
Restocking not the same as Recovery
January 25, 2010
The Profit and Pain of Stimulus | online.wsj.com
Chemical companies are certain to report better results in comparison to the dreadful picture seen in Q4 2008/Q1 2009. But restocking, and support from government stimulus programmes, is not the same as a full consumer-led recovery. Volumes and margins are likely to remain under pressure, compared to the Boom years of 2003-7.
Shale gas abundance provides new options for energy companies
February 13, 2012
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