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Markets
Polymer Materials
Petrochemicals
GERMAN ECONOMY
DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years
07.07.2022
PETROCHEMICAL MARKETS
Styrene: Covestro declares force majeure after plant failure in the Netherlands / Propylene oxide also affected
06.07.2022
AVANTIUM
Offtake agreement with Carlsberg / Further step in commercialisation of PEF / Fibre beer bottle to be trialled at European summer festivals
04.07.2022
LYONDELLBASELL
Deals with US renewable energy suppliers / CO2 emissions to be cut some 225,000 t/y
04.07.2022
UPDATE - PETROCHEMICAL MARKETS
C2, C3, PE: Borealis reports cracker shutdown in Sweden / Throttling of local PE lines
01.07.2022
RAW MATERIALS
Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023
01.07.2022
BOREALIS
OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected
30.06.2022
OCCIDENTAL PETROLEUM
US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas
29.06.2022
ENERGY COSTS
Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI
28.06.2022
GERMAN ECONOMY
Business confidence still falling / Ifo Institute says “chemical industry is thoroughly alarmed” / BASF mulls options for production at headquarters site
27.06.2022
INEOS
VAM expansion in UK off the table / Plans for acetic acid, downstream products in US
24.06.2022
NATURAL GAS SUPPLY
MD of Plastics Europe Deutschland: Lower Russian gas flows could push resin making outside Europe / Lower-cost production areas would profit
22.06.2022
SINOPEC
Explosion, fire lead to widespread shutdown of Sinopec petchem facilities in Shanghai / Cause unknown
21.06.2022
ENERGY MARKETS
Europe scrambles to secure Middle East LNG / TotalEnergies set to lead expansion of Qatar's North Field
21.06.2022
VERSALIS
C2/C3: Cracker in Dunkirk back in service after force majeure
20.06.2022
RAW MATERIALS
Decline in gas deliveries to Germany, France, Italy / Rome considers emergency measures
20.06.2022
WORLD ECONOMY
IFW Kiel: High prices, bottlenecks slow recovery / Global GDP outlook revised lower/ Record order backlog at German industrial firms
20.06.2022
ARAB GULF STATES
Higher prices for oil, gas lift GDP in GCC countries / GlobalData raises 2022 growth forecast to 4.4% / Polymer exports of trading bloc continue to rise
17.06.2022
PETROCHEMICAL MARKETS
Polyolefins: Borealis reports production cutbacks in Austria / OMV raw material supply falters
15.06.2022
PETROCHEMICAL MARKETS
Ethylene, propylene: Versalis declares FM for precursors from Dunkirk
14.06.2022
PERSTORP
Expanded output for renewable polyols / Headquarters production to shift away from fossil sources
14.06.2022
PLASTICS AND FINANCE
Consultant Brand Finance rates “most valuable” and “strongest” chemical brands / BASF, DuPont, Rongsheng, and Ineos in prominent positions
13.06.2022
CHEMICALS AND FINANCE
Institutional investors favour “green” chemical companies / Higher focus on sustainability strategy essential / McKinsey report
13.06.2022
COMMODITY MARKETS
Global gas demand to shrink on economic woes / Ukraine war exacerbates tight European market / Consumption rebounds in 2021 on extreme weather, end of lockdowns
09.06.2022
UPDATE - OQ CHEMICALS
Oman Oil: No denial of rumoured sale of speciality chemicals company / New COO responsible for “strategic transformation”
08.06.2022
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