The Independent Petrochemical Producers Are Ready
January 21, 2009
LBO Burden May Force Ineos, Georgia Gulf Bankruptcy (Update2) | www.bloomberg.com
Production activity in petrochemicals appears to be restarting. Ineos, LyondellBasell, and Georgia Gulf have optimized their operations.
January 16, 2009
Equistar to reopen La Porte olefins plant | houston.bizjournals.com
Lyondell is using the flexibility of their ethylene production system to optimize their costs.
Some Good News for Petrochemicals
January 15, 2009
CPC to Restart No. 4 Naphtha Cracker as Market Demand Improves | www.bloomberg.com
Restarting of this cracker in Taiwan is an indication of improved profitability in ethylene, and maybe improving demand.
“The worst I’ve ever seen!,” in the Petrochemical Market
December 20, 2008
Equistar to Temporarily Idle Second Olefins Unit | www.marketwatch.com
The shuttering of Lyondell's and Westlake's ethylene facilities brings operable capacity to about 70% of nameplate, and utilization rates below 65%. By closing Chocolate Bayou, Lyondell most likely, stands to improve their net cash flow.
Who Might Buy Sunoco Chemicals?
December 17, 2008
US Sunoco puts chemicals business up for sale | www.icis.com
Sunoco Chemicals is the largest US producer of phenol and a significant producer of polypropylene. These are very large businesses in the trough of a downturn. Which companies might have the foresight to entertain this kind of acquisition?
November 12, 2008
The Breakfast Wars: Starbucks Learns to Cook | www.nytimes.com
The article in the news today about the reduction of health care benefits planned for GM salaried retirees is very sad .We are talking about folks in their seventies and eighties who gave their lives to the company. People who were told almost annually that the size of their wage increases reflected the money that must be set aside to provide health care for them in retirement. I have always been a strong supporter of our free enterprize system. I find it very saddening to watch so many lives being destroyed because of greedy inept management and leaders. These leaders now asking for a huge government bail out are the same ones who have destroyed a once great icon of American industry. . I say “Bail them Out”, but make sure that the entire top layer of management is gone and the board that supported their failed strategies with them.
GM-Chrysler Merger. Will it work?
October 14, 2008
G.M. and Chrysler Explore Merger | www.nytimes.com
Leadership at the top will just double the problem with the merger.
GM-Chrysler Merger. Will it work?
October 13, 2008
GM, Ford SharesHit New Lows As Sentiment Fades Further | online.wsj.com
Two weak companies with same failed strategy equals a diaster unless changes at top are part of deal.
Plastic Price Weaknesses Due to Demand, Not Cheap Supply
October 8, 2008
Sharp drop in prices of imported Polyethylene into Europe (6-10-2008) | www.plastemart.com
Polymer prices are beginning to fall in Europe with supply on its way from the Middle East. However, it is the weak demand driving down prices, not the cheap supply from new Middle Eastern plants.
Investing in the Chemical Industry
September 10, 2008
As Buyout Bust Turns Bitter, A Major Deal Lands in Court | online.wsj.com
Private investment firms have supported dynamic growth in the chemical industry.
Apple brings textbooks to iPad -- Finally
January 20, 2012
PayPal loses a key player in mobile device payments to Yahoo
January 10, 2012
More details and insights about the planned Sears Holdings store closings
January 4, 2012
Three things you should know about Sears store closings
December 29, 2011
Thoughts on GM Volt's recent "rapid thermal expansion" incident
December 6, 2011