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Proposed closure of Jiangsu ports unnerves chemical markets in China. Learn why.
Ryan Macaluso discusses the reasons why styrene production shortfalls have led to volatile prices across this important market segment.
Kelly Cui, Olefins Senior Consultant, discusses China’s aspiration to switch gears from being the world’s leading importer of olefins to becoming self-sufficient via CTO/MTO.
A number of petrochemical product markets have seen substantial price and margin volatility over recent months, including styrene monomer. Ryan Macaluso, Senior Research Analyst at PCI Wood Mackenzie tells us more…
Steve Jenkins reviews how Thai conglomerate PTT is changing its strategy in response to the government’s recent environmental and economic policymaking.
The global olefins industry continues to move through unprecedented times as the coronavirus crisis unfolds. The impacts will be felt in supply, demand, trade, pricing, costs and margins and undoubtedly reshape the wider industry at large. Here we outline our take of the 10 key trends to monitor during this period and assist in planning for the next normal. The analysis draws from Wood Mackenzie's…
Our polymer team examined the changes in demand due to the pandemic response for different polymer types. This insight assesses the impact of the polyethylene demand loss onto the base chemical - ethylene. We evaluate the short-term impact on global ethylene production as well as identify key regions that will be most exposed to production loss. What will be the 2020 operating rate in different…
Paul Gaster reviews the reasons why US flexible packaging companies are losing market share to emerging suppliers.
US flex packaging majors losing market share
Following the recent news about the acquisition of Jurong Aromatics Corporation, Steve Jenkins looks at how things will play out in the aromatics sector going forward.
Are PET bottles the world’s most sustainable packaging solution? Read more.
A case study of the packaging sector shows the challenges facing packaging companies in building truly sustainable supply chains.
Today's consumer has a love/hate relationship with this ubiquitous material as a result of growing coverage of how we use and dispose of it. It's easy to forget the value of plastic and the challenges we face in replacing it. Here we uncover the truth about plastic and its alternatives.
The oil industry is turning to petrochemicals for long term growth but what impact will environmental strategies to reduce or ban plastic consumption have on long-term oil demand growth?
A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!
Enterprise has confirmed plans to construct a second propane dehydrogenation (PDH) plant. So how much capacity will be added – and what's driving the need for new on-purpose production?
US chemical company earnings for Q2 2019 came under pressure as uncertainty caused by the US-China trade war and a slowing economy affected demand. What do we expect for the rest of 2019? Our analysts Hugh Hartzog and Ashish Chitalia take a closer look at the trends behind the numbers.
What's in store for global polyolefins and olefins markets in 2019?
Can the global ethylene boom be sustained as risks mount?
After our 4th Americas Chemical Conference in Houston, Steve Zinger shares his thoughts on the conference and discusses some of the hot topics in the chemicals industry.
Does the recent sale of its BOPP and BOPET assets to Jindal Poly Films mean Dupont has left these markets for good? Simon King considers the deal.
ExxonMobil acquired Jurong Aromatics in May 2017, strengthen its aromatics supply position in south east Asia.
Steve Zinger discusses the five market changes which are set to make waves in the global petchems markets.
The recent PET 2020 conference in Brussels brought the industry together to reflect on how Europe's PET recycling model has become a benchmark in the wider market.
The Covid-19 outbreak could spark an increase in China’s relatively low consumption of flexible packaging.
Frozen economic activity and volatile feedstock pricing will both have an immediate and dramatic impact. How will the industry respond?
The coronavirus outbreak is having a seismic effect. How is it affecting gas, power and chemicals markets?
Demand for recycled PET is holding up during the COVID-19 pandemic – but there are headwinds
While the fibres industry has seen significant demand destruction from coronavirus, not all sectors are struggling. Global demand for PPE has boomed, and many fibre and textile companies are pivoting to produce it. But this surge won't last forever.
Rapid growth means spandex is poised to become a mainstream textile fibre – but environmental issues, commoditisation and the impact of Covid-19 all pose challenges.
Fibres markets have been hit hard by coronavirus, and the apparel sector – where 55% of total fibre volume was consumed in 2019 – is where the value chain has been most exposed.
While most oil majors and NOCs are focusing on strengthening their petrochemical integration, BP is divesting petrochemical assets to INEOS in a US$5 billion deal.
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