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The European PET market is currently in a state of turmoil, which has principally been caused by a lack of PTA feedstock and reduced imports.
Our latest study of the Indian flexible packaging market place ‘Flexible Packaging Supply Demand Study – India’ shows that despite the current uncertainty in the Indian economy, demand for flexible packaging continues to grow at a pace, reaching an estimated $5.6 billion in 2017. India now has the fourth largest flexible packaging market, representing around 6% of the global market, behind the US, China and Japan.
Despite record-breaking gains in the Permian, strong demand growth and heightened geopolitical risk pushed Brent to USD80/bbl in May. For the market to truly rebalance, OPEC will remain key to price recovery over the short to medium term.
We're seeing phenomenal growth in China's LNG demand, driven by government-mandated coal-to-gas switching. Serious air pollution issues have led to new environmental policies prompting a reduction in coal in favour of cleaner fuels, including gas. How can China ensure local gas demand is met, without the price hikes seen last winter?
Focusing on market fundamentals, we look at the impact of three possible options for OPEC and co-operating non-OPEC producers.
The biggest lottery prize of 2018? A contender is the windfall oil and gas companies find drops into their bank account.
Why the growth of Electric Vehicles will require massive charging infrastructure build-out? Learn more.
We explored how the market for EVs might develop in Part 1. This week Ed Rawle, Head of Oils Research, chats about the implications for global oil demand.
As global propylene consumption continues to grow, petrochemical companies will need to invest in novel on-purpose technologies to meet demand.
Qatar Petroleum (QP) recently announced it has invited a group of leading international companies with extensive experience in the petrochemical industry to submit proposals for partnering with QP in the development and operation of a new world-scale petrochemicals complex at Ras Laffan Industrial City. If completed, how will it fit into Qatar’s existing ethylene asset portfolio?
What are our petrochemical industry colleagues in the Commonwealth of Independent States (CIS) thinking about?
What should the global polyethylene industry brace themselves for in 2018?
Maritza Ramirez recently presented at the LAPET Meeting in Mexico city. In her presentation, “Are Changes in Global Supply and Demand Helping or Hindering the Latin American PET Industry?”, Maritza, Senior PET Consultant for Wood Mackenzie Chemicals, explained that PET events in China or Europe can have immediate effects in Latin America.
We posed 8 questions to Steve Jenkins, Vice President Consulting – Chemicals, Polymers & Fibres about China’s petrochemicals market...
The show will soon be over for Dupont and we can say that this respected name once synonymous with polyester film has “left the building”.
Understand why Spandex market growing twice as fast as other fibres. See more.
Steve Zinger, Senior Vice President Chemicals, assesses changing investment patterns of US chemicals companies in a major article by the Wall Street Journal entitled The shale gas revolution in just one word: Plastics
What’s next for the flexible packaging market? Learn more.
What is driving flexible packaging growth in Poland, Italy and Turkey? Read more.
Kelly Cui, Olefins Senior Consultant, provides a high-level overview of China’s CTO/MTO development opportunities and challenges to assess the sustainability of this emerging olefin force.
The lower crude oil pricing environment that has been in place for almost the last three years has influenced the olefin cost curve around the World. The deviation between advantaged and disadvantaged regions has narrowed, levelling the playing field much more.
Unit operating costs have steadily increased over the past decade by 60% in real terms.
This week’s results announcements from the big oilfield services (OFS) companies show that the market may be turning very quickly.
For more than 100 years Asia played a fundamental role in the growth of the Majors. Could this finally be coming to an end?
With Vale’s new major project S11D nearing its late-2016 production start date, we look at the economics of one of the largest undeveloped resources of high grade, direct shipping iron ore known in the world.
The impact of the drop in oil prices on global upstream development spend has been enormous. Companies have responded to the fall by deferring or cancelling projects.
Which US Lower 48 operators have the largest, low-cost tight oil inventory?
We’ve modelled six mature gas plays to see which assets can offer the most upside to investors.
A spate of scheduled mine closures, an underdeveloped project pipeline and steady demand growth is expected to provide the basis for significantly higher zinc prices later this decade.
Kelly Cui, our expert in CTO, explains how this emergent technology could transform global olefins and olefins derivatives trade by enabling China to become more self sufficient in ethylene, propylene and butadiene.
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