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Contract prices (Western Europe)
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Shell
POLYMER PRICES
North America August 2023: Prices vary / Firmer styrene costs prop up PS / Hurricane Idalia has no effect on prices so far / Extent of damage to polymer production not yet clear / September likely to be generally weaker
06.09.2023
EXXONMOBIL
Workers cite safety concerns in UK ethylene plant walkout / Normal production continues – management
21.08.2023
PETROCHEMICAL MARKETS
BASF/Shell: Ellba plant for styrene reportedly shut down / Market supply tightens
18.08.2023
SHELL
Texas sues oil firm, Pemex for over USD 1 mn – media reports / State seeks damages following May fire at Deer Park site / Olefins unit to be running by Q4 – Shell spokesperson
16.08.2023
IRAQ
Saudi Arabia considers joining EUR 8 bn Nebras petchem project / Baghdad seeks to become regional ethylene power
05.06.2023
SHELL
Oil giant pays millions for US emissions violations / PE complex in Pennsylvania set for restart
31.05.2023
SHELL
Shutdown of PE production at US site set to continue / Residents criticise odours, flaring
25.05.2023
SHELL
Fire at refinery, petchem plants near Houston / Crackers shut down / Duration of closures unclear
09.05.2023
FREEPORT ECO-SYSTEMS
US firm selects Alterra tech for US chemical recycling plant / Site to process 192,000 t/y of waste plastics / Second offtake deal with Shell
21.02.2023
ENVIRONMENTAL ACTION USA
Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules
14.02.2023
UPDATE - USA
Texas in the grip of tornadoes / Power outages paralyse petrochemical industry / Europe's supply possibly not affected
26.01.2023
FREEPOINT ECO-SYSTEMS
US chemical recycling plant to process 90,000 t/y / Shell signs deal for entire output
21.12.2022
SHELL
Mammoth cracker starts up in US / Annual PE output of 1.6 mn t / Project remains divisive
21.11.2022
INEOS
Letter of intent for German pyrolysis plant for plastics waste / Tests with partner Plastic Energy complete
04.11.2022
PLASTICS AND SUSTAINABILITY
Mass balance accounting takes hold as industry standard / More companies achieve Plus status / Software developments continue
13.10.2022
PETROCHEMICALS USA
Bloomberg-backed anti-pollution campaign takes aim at US petchem expansion / Plastics industry fires back / EPA launches environmental justice office
10.10.2022
PETROCHEMICALS
EPCA Conference 2022 follow-up: “Stop trying to squeeze the last drop out of the suppliers” / Circularity and waste other key topics
07.10.2022
ENERGY
Germany signs Middle East LNG supply deals / First UAE cargoes to be landed by end 2023 / How to replace Russian gas imports?
03.10.2022
ROSNEFT
Seized German refineries brace for transformation / Russian response could hit crude supplies to PCK Schwedt, Leuna
28.09.2022
PETROCHEMICALS
Trade and market disruptions worsen / Increase in PE, PP capacities / Ongoing investment in chemical recycling and decarbonisation projects
22.09.2022
PLASTICS AND ENVIRONMENT
Alliance to End Plastic Waste accused of greenwashing by UK thinktank / More resources, greater transparency planned / Update on project Stop
21.09.2022
POLYMER PRICES
North America August 2022: Polymer prices plummet / Trend turnaround for PS, PA 6 / Falling feedstock costs, weak market base to push prices lower
14.09.2022
ENERGY
Call for windfall tax on oil and gas profits to boost renewables spending / Cut in consumption, more investment needed to address energy crisis / UN report
17.08.2022
POLYMER PRICES
North America July 2022: Most prices decline, but styrene-based thermoplastics see major hikes / Weak demand, full inventories / Benzene market calmer / Price reductions on the cards for August
17.08.2022
UPDATE - RUSSIA
Polymer industry hit by weak demand / Downward price trend in July / Exports in disarray / Packaging, car sectors suffer
29.07.2022
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