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Liquid biofuels should play a key role in the energy transition. On the podcast we look at the need for the refining sector to adapt in the same way the petrochemical industry has, by adopting new technologies and establishing non-fossil fuel feedstocks.
Are there better ways to recycle plastic? At our recent Americas Polyester Conference, we explored whether chemical recycling can be part of the solution to our plastic waste problem.
How will the goals of reduce, reuse and recycle impact the plastics industry and its supply chain? Get our latest analysis of the impact of sustainability initiatives.
The European PET market is currently in a state of turmoil, which has principally been caused by a lack of PTA feedstock and reduced imports.
Qatar Petroleum (QP) recently announced it has invited a group of leading international companies with extensive experience in the petrochemical industry to submit proposals for partnering with QP in the development and operation of a new world-scale petrochemicals complex at Ras Laffan Industrial City. If completed, how will it fit into Qatar’s existing ethylene asset portfolio?
As global propylene consumption continues to grow, petrochemical companies will need to invest in novel on-purpose technologies to meet demand.
We posed 8 questions to Steve Jenkins, Vice President Consulting – Chemicals, Polymers & Fibres about China’s petrochemicals market...
What’s next for the flexible packaging market? Learn more.
With petrochemical demand growth resilient and the energy transition putting pressure on transport fuel demand, the role of integrated refinery-petrochemical sites will only grow. How does integration alter the competitive position of a site? And what are the threats to its value? Read our answers to these questions, and more.
The transition to a circular economy is priority for the plastics value chain.
The plastics industry’s impact as a carbon emitter is under increasing scrutiny. Substantial emissions reductions are possible but require an holistic, multi-stakeholder approach.
Chemical recycling is one route to a more circular plastics economy, with increasing interest in leveraging pyrolysis technology to produce feedstocks.
The market used to worry about peak oil supply. Now the focus has shifted. With the world now considering a structural decline in oil demand, which sectors will feel the greatest impact?
September 14 drone strikes on Saudi Arabian oil and gas infrastructure at Abqaiq and Khurais highlighted the vulnerability of Asia's oil markets to an attack on facilities in the Middle East. Analysis from Gavin Thompson.
Wood Mackenzie President Neal Anderson introduces our 2019 Energy Transition Outlook and examines why the energy mix is not changing nearly as quickly as the world needs it to.
Polyester is hugely cost-effective and it’s not easy to replicate its economies of scale. Are there more sustainable alternatives?
Flexible packaging... once thought of as an answer to a growing waste problem, it has now become the problem. Flexible packaging expert Simon King looks at a holistic solution.
Kelly Cui, our expert in CTO, explains how this emergent technology could transform global olefins and olefins derivatives trade by enabling China to become more self sufficient in ethylene, propylene and butadiene.
Steve Zinger assesses changing investment patterns of US chemicals companies in a major article by the Wall Street Journal. He evaluates how global ethylene consumption is growing and explores the drivers for this from a low gas price to new and plentiful sources of supply in North America.
Dr Pieterjan Van Uytvanck reviews the outlook for sustainable polyester markets in his recent blog.
Changing oil price dynamics add an extra dimension to ethylene’s overcapacity outlook.
Integration has become a strategic imperative, but measuring value is notoriously difficult. Our experts crunched the numbers for Total’s integrated portfolio and looked at how that compared to Shell.
And after the 12 months we’ve all just experienced, making bold predictions for the year ahead is more fraught than ever: nothing is off the table.
In today's meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019.
The Democrats are expected to retain control of the US House of Representatives, but the Senate will be determined by upcoming run-offs in the state of Georgia. While the chemicals sector is expected to see few direct impacts, there are several themes that should be watched closely.
In order to achieve the scale needed to play a meaningful role, the bioplastics industry will require significant regulatory interventions from governments and substantial cost efficiencies as technologies mature and scale, according to Wood Mackenzie.
The plastics industry requires a paradigm shift towards an absolute decoupling of materials consumption from growth of the economy if it is to achieve sustainability targets, according to new research from Wood Mackenzie.
China’s purified terephthalic acid (PTA) producers have been using the futures market to price PTA in the spot market, hedge against risks and manage inventory. This has allowed many to stay profitable, despite market uncertainty and disruption brought by the coronavirus pandemic, says Wood Mackenzie.
In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.
INEOS is to spend $2bn building 3 chemicals plants in Saudi Arabia. Commenting on the news, Wood Mackenzie Chemicals Principal Analyst, Patrick Kirby, said:
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