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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.
The PTA market was already grappling with global overcapacity when the pandemic piled on the pressure.
The global pandemic sent a shockwave through the plastic recycling industry. The impact of lockdown, industry closures and sudden shifts in product demand can be felt in every part of the recycling chain. What will the picture look like as the clouds begin to lift?
Materials use is on a course to double by 2050, with waste generation increasing by 70%, putting an unsustainable burden on our planet. It’s time for a materials transition, with the global scale and ambition of the energy transition.
This insight summarises our key takeaways from the EPCA 59th Annual Meeting in Berlin. We provide supporting analysis by sector: energy, olefins, EO/EG, and aromatics. The mood at EPCA 2025 was notably sombre, with markedly reduced attendance reflecting the difficult choices facing European petrochemical producers.
In the September China economic focus, we discuss the main reasons behind the slowing fixed asset investment growth: the anti-involution campaign, a further slump in property-related investment and a sustained withdrawal of foreign direct investment. To stabilise the economy, the government is focusing its efforts on shifting China to a consumption-led model. At the same time, it also offers…
Demand for biaxially oriented polypropylene (BOPP) has grown 3.5% per annum over the last five years. But what effect has a year of unprecedented change had on the outlook?
Volume loss, overcapacity and margin squeeze have taken a toll – but there are bright spots for the polyester industry.
In this insight, Wood Mackenzie explores the development of chemical recycling and how it can dramatically cut the levels of plastic sent to landfill or incineration, or leaked into the natural environment.
The polyester chain will undergo profound changes in a post-coronavirus world. What are the six big trends to watch out for?
The Tokyo Olympics could be a game-changer for sustainable textiles – but some momentum has been lost.
The EU is getting tougher on non-recycled plastic packaging waste. Will the new plastics levy lead to more sustainable solutions? And could the flexible packaging sector lose its relative cost advantage?
Wood Mackenzie recently contributed to a landmark study by the Minderoo Foundation, The Plastic Waste Makers Index: Revealing the source of the single-use plastics crisis. By following the materials and the money involved, we wanted to track the production of the polymers destined for single-use plastics, assess how much ends up as waste and explore the future of the industry.
The Chemicals and Polymers Conference discussed base chemical and polymer markets, emerging technologies, and discussions on the hot topics facing the industry.
Polymer value chains currently account for 4% of energy related GHG emissions, and this figure is set to rise to 10% by 2050 as plastic demand rises to meet the needs of the rising global middle-class.
After another rollercoaster year that trampled on predictions, the annual APAC Energy Buzz ‘cheerful or fearful’ outlook is back.
Key themes to watch for the polyester chain, from growing overcapacity to prices, margins and supply chain woes – and the quest for greater sustainability.
The invasion of Ukraine has had an immediate effect on the global economy and markets. What are the lasting implications for commodities?
In 2021 our global analysts created an outstanding body of research, putting a unique angle on everything from Covid-19 and COP26 through the recovery of commodity markets and rising geopolitical risk.
Only certain types of plastic can be handled by existing mechanical processes. Could emerging technology such as feedstock recycling, chemical depolymerisation and solvent purification offer a solution?
Tracking asset economic performance through the propylene downcycle.
How can the industry prepare for the cycle, and which polypropylene producers are best placed to withstand the market’s peaks and troughs?
A preview of our Energy & Natural Resources Summit: APAC
A strong correlation between GDP and plastics demand growth means that macroeconomic conditions have a significant impact on the chemicals industry.
Clear and robust legislation is vital if the fragmented plastics economy is to find a sustainable pathway – the UN treaty on plastic pollution will play a central role.
The textiles and packaging sectors may soon be in fierce competition for limited supplies of recycled PET to meet their sustainability targets
A recap of the hottest topics of discussion at EPCA 2022
Downstream chemical markets face a downbeat start to 2023 – long on supply, short on demand. But will demand recovery bring some much-needed relief to producer margins?
Gas-based feedstocks are the traditional investment driver for steam cracker investments, but with feedstock availability becoming more challenging the economics are under scrutiny.
The new Packaging and Packaging Waste Regulation (PPWR) could be a pivotal moment for the packaging sector
Watch our exclusive video to discover how Wood Mackenzie's Long-Term Products Markets Service helps industry leaders stay ahead of unprecedented market disruption.
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