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The olefins analysts at Wood Mackenzie Chemicals tell us about the upcoming trends in the industry. Learn about changing technologies and the impacts they will have, the 3 key trends for olefins in Europe and the impact of ethane export terminals.
There's currently a lot of talk about plastic and the use of plastic, particularly in food and drinks packaging. Helen discusses the challenge of re-educating consumers about the value of plastic.
China’s waste bans will have an impact on the polyolefins markets. Our analyst Ashish Chitalia goes into more detail.
Even after growing by 3 million tons since 2012, the North American ethylene industry has 10 firm cracker projects currently underway – adding another 10 million tons by 2020. Where will all the extra polyethylene go? Surely it won’t stay in the North American markets, and it seems that this expansion is just the beginning.
Since the start of the decade when crude oil/gas prices ratios were higher and global ethylene demand was lower, the global ethylene industry has rebalanced and has even entered periods of tightness over the past few years, prompting fresh investment in new ethylene capacity. What can we expect from this current investment cycle?
As global ethylene consumption continues to grow, petrochemical companies will need to invest in new ethylene facilities to meet demand.
Lift the lid on ethylene supply forecasts and cost data and reveal the numbers behind each asset.
The global styrene market is facing a sizeable change in the status quo. Our new Insight gives our initial thoughts on the state of the market before and after tariff announcements...
What should the global polyethylene industry brace themselves for in 2018?.
With the new Corpus Christi plant coming online, organisations in the PTA and PET markets are aware that change is expected. However, the impact of these changes and the realisation that they will span the entire polyester chain is less understood.
Following the recent news about the acquisition of Jurong Aromatics Corporation, Steve Jenkins looks at how things will play out in the aromatics sector going forward.
Are PET bottles the world’s most sustainable packaging solution? Read more.
Steve Jenkins reviews how Thai conglomerate PTT is changing its strategy in response to the government’s recent environmental and economic policymaking.
US flex packaging majors losing market share
A number of petrochemical product markets have seen substantial price and margin volatility over recent months, including styrene monomer. Ryan Macaluso, Senior Research Analyst at PCI Wood Mackenzie tells us more…
The Chinese government plans to ban waste imports — including plastics — by the end of this year. While this could have positive repercussions in the long term, like exporting countries being forced to re-evaluate their approach to waste and improve their systems, we could see negative impacts appear quickly. Without China and its fibre industry serving as an end market, some countries may forego plastics collection efforts, leaving plastics to be littered or disposed of in landfills, waterways or the ocean.
Proposed closure of Jiangsu ports unnerves chemical markets in China. Learn why.
Kelly Cui, Olefins Senior Consultant, discusses China’s aspiration to switch gears from being the world’s leading importer of olefins to becoming self-sufficient via CTO/MTO.
Kelly Cui, Olefins Senior Consultant, gives an overview of the coal-to-olefins/methanol-to-olefins process and the technologies supporting it.
Kelly Cui, Olefins Senior Consultant, explains China’s abundant coal reserves and how it’s being used to meet domestic olefins demand.
With the world in need of ever more chemicals, demand is set to continue expanding. The companies that recognise this fact today and build strategies to take advantage will benefit long term. So why are many chemical producers slow in making investment decisions?
Two years into the low-oil-price world, what has actually been achieved?
Drilling zero-royalty minerals is giving some US Lower 48 operators a competitive advantage in the down commodities market.
In July, Gazprom and China National Petroleum Corporation (CNPC) announced first gas supplies via the Power of Siberia pipeline for 20 December 2019. Alongside a raft of projects starting up in 2019-2021, tax increases and low gas prices are straining Gasproms finances. We explore the risks for the Power of Siberia project.
On August 24, the Department of Energy released their "Staff Report on Electricity Markets and Reliability," which some thought would provide a strong endorsement of the value of baseload coal. This was not the case.
With the Paris Agreement ratified, it would seem that coal-based energy is facing its terminal decline. But the story isn’t that simple.
Mexico’s power and gas reforms are creating competitive investment markets.
Up to 2020, Asia-Pacific faces a decline in oil output but is this a permanent trend?
“For Total, the deal is first and foremost about consolidation in the North Sea. Cost synergies should add value, with the North Sea a key area of overlap," says Dr Valentina Kretzschmar, director, corporate service.
If prices remain at $50/bbl, then most major conventional projects are at risk of deferral or cancellation. Which projects will breakeven and which will be profitable?
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