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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 ...
China to dent global polyester growth in 2020, but challenges surmountable
With 2019 being a year focused on meeting challenges, both real and perceived, many market players in the polyester chain seemed resigned to seeing...
European propylene to 2020: going with the flow?
Our analysis indicates that 2017 is an important year in terms of increase in European (EU15+Norway) propylene monomer net imports, with net import...
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...
European olefins production: could 2020 top 2019 despite coronavirus?
Europe saw 20-year lows in olefins production in 2019. Despite potential demand destruction from coronavirus, 2020 could show a recovery in product...
The imminent Asian olefins capacity wave
Asia will dominate olefins capacity growth through to 2025, with 2021-2022 being the peak year. In 2021 alone, China will add nearly 8 million tonn...
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