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Biden’s Earth Day Summit puts plastics recycling on the fast track
Plastics has long been the ‘odd one out’ in terms of recycling. Steel, aluminium, glass, cardboard, rubber and paper routinely have up to a 70% rate of recycling. But plastics has been stuck at around...
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Supply chains set to transform as companies start to reshore
Major new opportunities are starting to appear in today’s New Normal world, as I describe in a new analysis for the Institution of Chemical Engineers. Please click here to read the full article. We...
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Oil markets enter the endgame as car companies rush to electrify
Almost every day now sees a car company rushing to announce its plans to boost Electric Vehicle (EV) output. And key OPEC members – such as the UAE – are starting to recognise they have only a few...
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Europe’s Green Deal will transform its economy, as floods confirm urgency of...
The floods raging in Germany and Benelux highlight the scale of the Climate Change challenge ahead. Last week, Europe announced its roadmap towards a Net Zero economy. It emphasised that achieving...
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PlasticsEurope calls for mandatory 30% recycling target for packaging by 2030
The European plastics industry last week took the crucial first step in moving away from virgin plastics towards a circular economy. It supported the Commission’s proposal for a mandatory 30% recycled...
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The end of China’s real estate bubble will impact global supply chains,...
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” These lines from Ernest Hemingway’s classic novel “Fiesta” (USA title ‘The Sun also Rises’), summarise where...
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Industry now needs to step up, if Net Zero is to be achieved
Net Zero is clearly the key issue of our time. With COP26 about to start, 3 key elements need to come together to ensure success. Political leaders have to agree to meet the Net Zero targets, and to...
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Plastics producers need to move to recycled feedstocks as Western refineries...
Plastics producers are now being squeezed from both ends of the value chain. Upstream, the growing demand for Electric Vehicles is starting to lead to refinery closures, reducing feedstock...
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The stock market bubble starts to burst
For the past 20 years, the central banks have been happily creating bubbles in the stock market by printing more and more money at lower and lower interest rates. Finally, now, it looks as they have...
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IEA issue 10-point plan to cut oil demand – and promote Electric Vehicles and...
Europe and the USA are now in a ‘proxy war’ with Russia after its invasion of Ukraine. We can all hope that it ends quickly, without further bloodshed on both sides. But hope is not a strategy. And...
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