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Markets Polymer Materials Petrochemicals

PETROCHEMICAL MARKETS Styrene: Plant failure at Trinseo exacerbates situation / Spot prices surge	31.07.2023
EUROPEAN CHEMICAL INDUSTRY Cefic manifesto outlines priorities for next EU Commission / More state investment funding / US IRA continues to raise hackles	31.07.2023
GERMAN CHEMICAL INDUSTRY Few resin makers among nation's elite companies / Organisational shifts alter rankings	26.07.2023
EUROPEAN ECONOMY German business confidence records third straight decline / Eurozone purchasing managers' indices weaken / Manufacturing indicators tumble	26.07.2023
GERMAN CHEMICAL INDUSTRY Output shrinks further in H1 / Annual decline could touch 11% / VCI seeks “temporary” relief from high electricity prices	25.07.2023
IRAN Tehran forges stronger petchem ties with Moscow / Six-year plan has Iranian output more than doubling / Large polyolefin plant begins production	25.07.2023
INEOS Court halts construction of Project One cracker / Move blamed on lack of environmental assessments / The beginning of the end?	24.07.2023
SABIC Pyrolysis oil used for certified circular polymers / Production in Saudi Arabia said to be first in MENA	21.07.2023
EUROPEAN CHEMICAL INDUSTRY Outlook for 2023 dismal / Output could shrink by 8% / Demand sees no momentum / US investment aid heightens competition	20.07.2023
PETROCHEMICAL MARKETS Styrene/propylene oxide: Dutch plant shut down due to weak demand / Styrene spot prices significantly firmer	19.07.2023
RAW MATERIAL COSTS Global price index from German econ institute continues to fall / PIE's Plastixx index also under pressure	19.07.2023
OMV Management seeks to merge Borealis, Borouge assets / Resulting company could be worth USD 20 bn	17.07.2023
ENERGY Follow-up: LNG terminal on Rügen greenlighted by German parliament / Economics minister says “not out of the woods” on gas supply	12.07.2023
HALDIA Large-scale petchem project in Southern India starts to take shape	10.07.2023
BOREALIS / BOROUGE Are OMV and Adnoc planning a merger? / A move up into the heavyweight league	07.07.2023
SYCLUS French tech company Axens to build bio-ethylene plant for Dutch start-up / CropEnergies to provide ethanol feedstock	07.07.2023
ENERGY German LNG plans show no signs of slowing / Some say pace too fast / US main supplier / Rügen terminal still in doubt	06.07.2023
ORLEN Plock plant expansion investment higher than estimated / Second vessel for LNG transport	06.07.2023
TOTALENERGIES / INEOS French group exits Lavera JV / UK giant grabs share in Naphthachimie's cracker, polymer plants	05.07.2023
EUROPEAN ECONOMY German business climate index drops significantly / ‘Weak industry is pulling German economy into difficult waters'	04.07.2023
PETROCHEMICALS USA Abrupt end to EPA's Environmental Justice Campaign for Gulf Chemicals belt / Court filing claims issues resolved	03.07.2023
TYRE RECYCLING Suez and Pyrum sign deal to develop new UK pyrolysis plant	27.06.2023
LYONDELLBASELL Development of electric furnace technology / Collaboration with CPChem, Technip Energies	26.06.2023
NESTE Green light for plant to improve liquefied waste plastics for resin feedstock / Company to spend over EUR 100 mn on facility	20.06.2023
ENERGY COSTS Natural gas prices drop sharply / Crude prices continue decline	15.06.2023

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