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Markets Polymer Materials Petrochemicals

RUSSIA Petchem industry braces for tough times / Lack of European tech pressures ops / Shortages for some resins	09.01.2023
OMAN Sabic, OQ, Kuwait Petroleum mull cracker project	09.01.2023
EUROPEAN ECONOMY Euro area headline inflation drops below double digits / Rise in core rate stokes concerns	09.01.2023
CHEVRON PHILLIPS Technip Energies awarded Golden Triangle furnace contract / 2 mn t/y cracker in Texas	09.01.2023
FUTERRO French site tapped for first vertically integrated bio-refinery in Europe / Plant to produce, recycle PLA	09.01.2023
ENERGY PRICES Commodity costs little changed in November – German economics institute	04.01.2023
INEOS Deal for renewable power supply in US / Solar farm in Texas due online by late 2025	04.01.2023
PETROCHEMICAL MARKETS PET, PTA: Fire closes Indorama plants in Spain	03.01.2023
EXXONMOBIL First commercial plastic pyrolysis plant begins operations at US site	02.01.2023
OMV Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge	02.01.2023
USA Winter onset imminent: Several facilities shut as a precautionary measure	22.12.2022
BOREALIS Second renewable energy deal with Verbund / Hydropower for Schwechat / “Significant step” toward emissions target	22.12.2022
CHEMICAL INDUSTRY GERMANY Gas shortage takes its toll / Producers caught between rising prices, sinking profits / Firms look longingly to US	21.12.2022
TRINSEO Changes in Germany: styrene production to end, cut in PC capacity	20.12.2022
GERMAN ECONOMY A sense of hope: Mood among business managers improves / View of present environment rebounds	20.12.2022
SAUDI ARAMCO Expansion of petchem complex for Saudi Satorp refinery / Extended partnership with TotalEnergies	20.12.2022
PETROCHEMICAL MARKETS Polyolefins: Fire at Versalis' cracker in France / Downstream plants shut down	15.12.2022
INEOS Fourth Chinese JV with Sinopec / 1.2 mn t/y cracker due onstream in late 2023 / Deal includes ABS, HDPE plants	13.12.2022
GERMAN ECONOMY Supply bottlenecks cost industry almost EUR 64 bn in added value, up to mid-2022 / Automotive industry particularly hard hit	09.12.2022
PKN ORLEN Investments finalised with Saudi Aramco / Plans for world-scale cracker in Poland / Aramco to supply 45% of the Polish group's crude oil requirements	08.12.2022
PETROCHEMICAL MARKETS PC, MDI: Covestro declares force majeure following outage in Uerdingen, Germany	07.12.2022
LUKOIL Italy puts refinery in Sicily under trusteeship / Sufficient supply of non-Russian crude to keep the refinery going for “several months”	07.12.2022
RUSSIA EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market	06.12.2022
PLASTICS AND ENERGY Germany, Qatar announce LNG deal / Gulf state to supply some 2 mn t/y from 2026 / ConocoPhillips tapped as shipper	05.12.2022
EUROPEAN ECONOMY Eurozone inflation drops more than expected / Has the peak passed? / Volatile energy prices remain focus	01.12.2022

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