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Markets Polymer Materials Petrochemicals

NESTE Porvoo refinery shuts down for turnaround in April	08.04.2024
INEOS Acquisition of Lavera plants from TotalEnergies finalised	02.04.2024
PETROCHEMICAL MARKETS Styrene, propylene oxide, polyether polyols: Covestro, LyondellBasell declare force majeure	28.03.2024
EDITORIAL: ENERGY MARKET European electricity demand set to increase in 2024; slightly above 2023 level / Trend of price reductions to continue in coming years - industry expert Dimitrios Koranis	28.03.2024
PETROCHEMICAL MARKETS MDI: Reported outage of major BorsodChem plant in Hungary	27.03.2024
USA Winners of funding announced for first 50 hydrogen projects in 24 states / Electrolysers, fuel cells lead the list / European companies also participating	27.03.2024
RUSSIA Fires at Samara refineries / Impact on Sanors petrochemicals reportedly limited	25.03.2024
CHEMICAL INDUSTRY GERMANY Dramatic slump in sales, production in 2023 / Dim prospects also for year ahead	21.03.2024
EDITORIAL: PRICE FORECASTS PIE launches price forecasts for polymer feedstocks ethylene and propylene	18.03.2024
HYDROGEN Big spender Germany ups budget for renewable product / Subsidies for gas-to-hydrogen plants in the offing	18.03.2024
BASF Monomers division wins global ISCC Plus, RED-cert2 status in all major product lines	12.03.2024
EUROPEAN CHEMICAL INDUSTRY Industry ends 2023 on “a weak note” / Production, exports, imports down compared with 2022 / Uptick in investor confidence	08.03.2024
NATURAL GAS Qatar plans expansion despite pricing woes / Europe may need LNG for 50 more years / US pause in export terminal approvals challenged	08.03.2024
PLASTICS AND ENVIRONMENT Follow-up: Environmental associations go to court over Ineos Project One / “Destructive and completely unnecessary”	06.03.2024
BASF Launch of ChemCycling process in US / Chemically recycled products to be manufactured in Texas	06.03.2024
PETROCHEMICAL MARKETS Intermediates: OQ Chemicals declares force majeure at German plant	05.03.2024
RENEWABLE HYDROGEN EU pilot auction attracts 132 bids / Funding set to enable production of 8.8 mn t green hydrogen in ten years	04.03.2024
GERMAN CHEMICALS INDUSTRY Business confidence stuck at low level – ifo / Thin backlog remains a problem	29.02.2024
INEOS Chairman's letter to EU leaders bemoans lack of competitiveness	29.02.2024
EUROPEAN ECONOMY Morale in German plastics industry deteriorates – ifo / Manufacturers voice further concerns / Brighter outlook for services in Germany, Europe	27.02.2024
RUSSIA Two years of war: Rising prices for base polymers slow processor investments / Eastern turnaround in exports not up to expectations / Unrealistic plans for major petchem projects	26.02.2024
S-OIL Fire at South Korean refinery unit causes outages / Polypropylene production affected	23.02.2024
EUROPEAN INDUSTRIAL DEAL Antwerp industry summit proposes revised climate goals for EU / Brudermüller: “Urgent need to enhance Europe's competitiveness“ / Complement or counterweight to green agenda?	23.02.2024
BISPHENOL A New EU regulations on the horizon / Public consultation in progress / “Health risk across all age groups”	20.02.2024
ENERGY COSTS European coal prices drop / HWWI commodity price index on downward trend	20.02.2024

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