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China bike-sharing boom bodes well for petrochemical industry
Posted on August 21st, 2017 by Fanny Zhang in Chemicals Industry News and Analysis
Bicycles of Chinese bike sharing service Mobike lined up at a subway station in Zhengzhou city in China’s Henan province (Source: Imaginechina/REX/Shutterstock)
China’s booming bicycle-sharing service is spurring investments in tyre innovation among petrochemical producers.
The number of “intelligent” bicycles available for sharing has surged to more than 30m in China in just two years of operation and is still growing. Continue reading “China bike-sharing boom bodes well for petrochemical industry” »
Dow and DuPont Approach Merger and Spin-Offs from Positions of Strength
Posted on August 11th, 2017 by Nigel Davis in Chemicals Industry News and Analysis
The DowDuPont merger and subsequent spin-offs are all about value creation: value for shareholders and value for customers. And, not unsurprisingly, the clamor for more is growing louder, as the short-term gains expected from the series of transactions possible following the merger are scrutinized. Continue reading “Dow and DuPont Approach Merger and Spin-Offs from Positions of Strength” »
US Moody’s Newly Rated Chems To Likely Miss ’17 Targets
Posted on July 18th, 2017 by Al Greenwood in Chemicals Industry News and Analysis
A Moody’s sign is displayed on 7 World Trade Center, the company’s corporate headquarters in New York, February 6, 2013. REUTERS/Brendan McDermid
Chemical companies newly rated by Moody’s Investors Service over the last 18 months will likely miss their 2017 targets because of slow growth in some of their end markets. The outlook is part of a report by the ratings agency, which looked at the 38 chemical companies it rated from January 2013 to May 2017. Continue reading “US Moody’s Newly Rated Chems To Likely Miss ’17 Targets” »
Europe Mulls Growing Impact Of Capacities From Sadara Chemical
Posted on July 14th, 2017 by Pavle Popovic in Chemicals Industry News and Analysis
Several European chemical markets are anticipating news of Sadara Chemical plant start-ups in Saudi Arabia, as they come on-line in a staggered fashion. Each market is waiting to see what impact the additional capacities will have on domestic supply and, ultimately, on prices in Europe. Continue reading “Europe Mulls Growing Impact Of Capacities From Sadara Chemical” »
