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European olefins: P/E ratio approaches 1, where does it go from here?
For the European region, the settlement of the July olefins monthly contract prices (MCP) were at a level such that propylene has essentially reach...
European olefins: Porto Marghera steam cracker closure and wider market impact
As highlighted by Wood Mackenzie on 15 March 2021, the future of the ethylene plant in Porto Marghera, Italy is under discussion, with a closure of...
European propylene: walking the tightrope of supply vs demand
Wood Mackenzie is forecasting a structural net loss of propylene capacity in Europe via the rationalisation of European steam crackers through the ...
European steam cracker feedstock transitions and impact on propylene supply
European feedstock transitions have been primarily driven by an attempt to increase ethylene cost competitiveness. Some specific cases for ethane h...
CPChem and QatarEnergy blaze ahead to add 20% of US HDPE capacity
CPChem and Qatar energy have confirmed plans of building the world's largest integrated ethylene-polyethylene complex in Orange, Texas. The project...
China petrochemicals: 2019 review and 2020 outlook
China is the biggest petrochemical-producing country in the world. Its position as top producer will strengthen with massive investment in the olef...
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