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Styrene overcapacity in 2024 - winners and losers
The global styrene industry is entering a turbulent period of overcapacity, resulting in bottom-of-cycle operating rates in 2024. In this changing ...
The Chemical Reaction
Welcome to the Chemical Reaction. In this rolling blog Wood Mackenzie analysts bring you their take on the trends and stories impacting the chemica...
The Chemical Reaction – week in review (vol. 1)
ExxonMobil targets to starts-up new USGC cracker in mid-2018. Phillips66 clarifies more details of next proposed US chemical investment. Formosa an...
The Chemical Reaction: Alberta government awards generous incentives to local propylene industry
Last week, the Government of Alberta Canada awarded investment incentives of Can$300 million to Pembina Pipelines Corp and Can$200 million to Inter...
The Chemical Reaction: Indorama achieves another milestone on restart of an ethylene plant in Louisiana after a 15-year shutdown
After a 15-year shutdown, Indorama has acheived another milestone in restarting the 370,000 ton/year ethylene plant in Lake Charles with a price ta...
The European PTA market: Five key facts on pricing dynamics
• Significant spikes in energy and other production costs in Europe (such as acetic acid) negatively impacted PTA producers’ margins during 2021. •...
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