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As the US deals with this week’s winter storm, refining and petrochemicals outages could have an impact on the global polyester chain, according to Wood Mackenzie.
从独特的视角深入了解炼化一体化资产
We showcase research and analysis from some of our most accomplished and influential women in energy and natural resources. Meet some of the many outstanding women we're proud to work with – and explore their latest thinking.
Steve Jenkins, vice president of Wood Mackenzie’s petrochemicals team, comments on this morning’s announcement from BP that it is selling its petrochemicals business to INEOS in a US$5 billion deal.
Much of China’s polyolefins demand growth in 2020 will depend on global appetite for plastic end-products, says Wood Mackenzie.
The world is different, now. The plastics industry was bright-eyed and optimistic heading in to the new decade. The protracted trade war between the US and China was pointed towards resolution, concerns over the fallout of Brexit had abated and demand expectations improved following a lack-lustre 2019. Such optimism was quickly withdrawn, however, as the coronavirus outbreak began to grip global…
Approximately 15% of ethane-based ethylene supply in the Middle East could be lost this year due to oil supply dynamics, according to new analysis from Wood Mackenzie. This equates to around 1.5 million tons of ethylene.
Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.
Commenting after Shell announced its intention to become net-zero company by 2050, Luke Parker, vice president, corporate analysis, at Wood Mackenzie, said: “This is an evolution of the net carbon footprint ambition that Shell unveiled in November 2017.
The UK currently recovers or recycles just under 50% of plastics packaging, making it a middling performer in European terms
Wood Mackenzie expects the combined capacity expansion of base olefins - ethylene, propylene and butadiene - to hit unprecedented levels of around 20 million tonnes in 2020. This represents an increase of 6% on 2019 levels.
On 19 January, China's National Development and Reform Commission and the Ministry of Ecology and Environment announced policies aimed at restricting production, sale, and use of single-use plastic products.
Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a recent analysis from Wood Mackenzie.
Motiva, a 100%-owned subsidiary of Saudi Aramco, has signed an agreement to acquire full ownership interest in Flint Hills Resources Port Arthur, LLC.
Sinopec will take over the 800-ktpa coal-to-olefins (CTO) project in Erdos from State Power Investment Mengxi Energy.
Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses.
On 7th August 2019, Huntsman Corporation announced that it has entered into a definitive agreement to sell its chemical intermediates businesses to Indorama Ventures. The total deal is valued at $2.076 billion.
According to research by Wood Mackenzie, Chinese textile producers are increasing production as fears grow that the trade war with the US will hurt exports of apparel and other textile products as soon as the fourth quarter of 2019.
Up to $3 billion in additional capital investment would be required to achieve current U.S. recycled plastics content goals by 2030, according to new analysis by Wood Mackenzie Chemicals
Chevron Phillips Chemical (CP Chem) and Qatar Petroleum today announced that they have signed an agreement to jointly pursue the development of a new petrochemical complex on the US Gulf Coast.
Qatar Petroleum today announced the selection of Chevron Phillips Chemical Company as its partner for a new ethylene and derivatives complex, which will be constructed in Ras Laffan Industrial City, Qatar
Chevron Phillips (CPCHEM), a JV between Chevron and Phillips 66, has made a US$15 billion bid to acquire Nova Chemicals, owned by UAE-based Mubadala.
A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. However, according to Wood Mackenzie Chemicals, there needs to be multi-pronged investment efforts to improve comprehensive collection, sorting and recycle process technology in order to achieve a truly circular economy.
North America's market for value-added flexible packaging increased by 3.9% to US$25.3 billion in 2018, according to a new report from Wood Mackenzie Chemicals.
Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.
Commenting on Fibrant Nanjing's announced force majeure on Caprolactam, Dr. Crystal Chiang, Wood Mackenzie Chemicals Asia Polyamide Director, said:
Following the opening of the new Turkmengaz gas and chemicals complex, located in Kiyanly, Turkmenistan, Wood Mackenzie Chemicals Analyst Laurie Baxter commented:
Following the escalation of trade tariff disputes between the world’s two largest economies, China and the U.S., Wood Mackenzie Chemicals expects that U.S. polyolefins exports to China will be negatively impacted by 50% in 2019.
PCI Wood Mackenzie's latest review of the North American marketplace, 'Flexible Packaging North America Supply Demand Report', reveals North America’s $24 billion flexible packaging industry remains the largest regional market in the world, accounting for around 28% of global flexible packaging demand in 2017.
Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.
The year 2018 will be recorded as the "transition year" for the polyethylene industry. Widely anticipated North American polyethylene resin will hit the global markets, China's ban on importing scrap plastic will challenge the prevailing trends, and new tax structures in the United States and India will show its full impact on the plastic industry.
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