Insight
2019 European olefins outlook in a global context
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The European ethylene industry has had a phenomenal run in recent years. Since 2014, nameplate operating rates of regional steam crackers has been increasing. Strong asset run rates have gone hand-in-hand with robust profitability for ethylene producers. Wood Mackenzie Chemicals currently assesses that the European ethylene industry has reached top of cycle conditions in 2017/2018. Following a period of propylene production decline in Europe, driven mainly by steam cracker feedstock lightening, the industry finds itself in an evolving supply gap situation. Propylene pricing has strengthened relative to ethylene in 2018. PDH investments in Europe are several years away and the region must find alternative ways to balance the market in 2019. This insight highlights our latest thoughts of what can be expected for 2019 in the European ethylene and propylene markets.
Table of contents
- Ethylene
- Propylene
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Thrive, not survive, in the cutthroat Asian refining and oils market
Takeaways from Wood Mackenzie APPEC Briefing 2025 in Singapore
$900
Insight
Will Russian gas and LNG come back?
Three possible peace agreement between Russia and Ukraine and the implications on global gas and LNG markets and prices.
$950
Insight
Indorama PTA/PET closure and its consequences
Following a consultation process, Indorama has reached a decision to shutter its PET/PTA plant in Rotterdam, The Netherlands.
$900
