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A less favourable economic backdrop means Covid-19 looks set to have a bigger impact than the 2003 SARS outbreak did.
Lockdown measures are sending home consumption skywards, and driving demand for flexible packaging.
Capex cuts, deferred projects and new partnerships are a feature of the new industry landscape as chemicals companies adapt to the effects of Covid-19.
Covid-19 has created challenging economics for many petrochemicals players, leaving some at risk of financial distress.
The growing trend of integrated refinery-chemical facilities is intensifying. Standalone oil refineries, focused only on fuel, are looking increasingly outdated as the energy transition takes hold.
This insight explores why EPR is not the silver bullet everyone hopes for. While EPR is crucial, the market requires a range of solutions to ensure proper financing of the value chain. Governments and industries must collaborate to close gaps and enhance recycling efficiency. Investments in technology are essential for producing high-quality recyclates. To support the shift to a circular economy,…
New world-scale styrene plants emerging in China since 2020 have significantly impacted the global market dynamics and consistently driven down the global styrene margins and operating rates over the past five years. Despite the fact that overcapacity growth peaked in 2022, we predict that the accumulation of overcapacity will persist in the coming two years and industry margin recovery will be…
Biosourced, biodegradable polymers are a low-carbon alternative – but they’re yet to break into the mainstream.
It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.
Recycled material is key to a more circular plastics economy – but where local supply struggles to match demand brands may need to weigh up the import option.
Dynamic asset benchmarking for polyethylene unit
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.
Decision intelligence to simplify the complexity of emissions risk management. Available with Lens Upstream solutions.
2020 was a difficult year for the world’s refineries as the coronavirus pandemic reduced refinery utilisation and OPEC+ supply restraint narrowed crude price differentials. Despite this, integrated refinery and petrochemical sites significantly outperformed their fuels-only peers, according to Wood Mackenzie.
Polyolefins dominate global plastics production, and offer useful insights into the overall health of the petrochemicals industry. So what are the drivers of demand? How has coronavirus altered the picture? And what really sets polyolefins apart in a chemicals portfolio?
How can refiners assess the potential ROI of increased petrochemical integration? We explore how S-Oil’s plans to add steam cracking to its Onsan site will affect its competitive position.
Refinery capacity is expected to continue growing in the medium term, but the pace of growth is expected to slow down considerably. Capacity additions are mainly from crude-to-chemicals projects, which aim to maximise naphtha production to meet the increasing petrochemical feedstock demand.
Understand the landscape for manmade and natural fibres and explore how different fibre types can be used to meet global needs.
While Greater Europe is dropping down the rankings, China is poised for meteoric ethylene capacity expansion in the next five years.
Investment in the nascent biomethane sector, also known as renewable natural gas (RNG), is picking up, including large-scale M&A as Big Oil and manufacturers build positions. Simon asked Kateryna Filippenko, who leads our new Biomethane/RNG service, how she sees the market developing.
Join us for a conversation with Nakul Saran (COO) and Dominic Charles (Director of Finance and Transparency) from the No Plastic Waste project set up by the Minderoo Foundation, who recently released their new Plastic Waste Makers Index. In this session Minderoo will walk through their report and its key findings and what they would like to see happen next. They will be joined by Wood Mackenzie’s experts who will set out the challenges facing the industry, and what these might mean for the future of the plastics value chain, before opening the floor to questions from the audience.
Ed Crooks is joined by Mariana Moreira, Murray Douglas, and Claude Mourey on this Horizons Live to discuss how to kick-start a global low-carbon ammonia industry.
Gain a comprehensive view of global supply and demand, price forecasts and petrochemical feedstock trends.
In this edition of Horizons, we consider the implications of higher Indian growth for global energy markets.
Motiva, a 100%-owned subsidiary of Saudi Aramco, has signed an agreement to acquire full ownership interest in Flint Hills Resources Port Arthur, LLC.
Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses.
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.
Browse our independent insight on feedstock supply and refining through to supply, demand, trade, price, cost and margins for the major petrochemicals.
Get a comprehensive view of global supply/demand, price, and petrochemical feedstock trends.
Analyse global trends in biaxially-oriented polyethylene terephthalate (BOPET) films for strategic insights and an understanding of global demand and pricing.
How might coronavirus impact global energy and commodity markets? Our team of experts from across the energy value chain are monitoring the immediate and future impact of coronavirus on global commodity and energy markets.
Join us on Tuesday 23rd, to better understand how to benchmark the significance of petrochemical integration on the refining industry and how disruptive such integrated sites are to the petrochemical sector.
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