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Markets Polymer Materials Petrochemicals

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
CHINA Huge expansion plans for PA 6.6 output / Self-sufficiency expected for key precursor ADN within next two years	08.06.2022
SK CHEMICALS Production start for starch-based polyols / Focus on bio-precursors, polymers	07.06.2022
TPC US company files for Chapter 11 bankruptcy / Butadiene supplier targets debt reduction	07.06.2022
CHEMICAL INDUSTRY GERMANY VCI sees dark clouds over the industry / “Nothing left of the anticipated upswing”	01.06.2022
BOROUGE Adnoc and Borealis announce IPO details / First listing in early June	01.06.2022
PLASTICS AND ENERGY Brussels unveils plans to end reliance on Russian gas / Initiative seeks to balance shift to renewables with energy needs / Industry on board	31.05.2022
CHINA Economic growth limited by strict zero-Covid policy / Major Chinese cities aim to return to business as usual / Wood Mackenzie downgrades GDP forecast	31.05.2022
GLOBAL TRADE Worldwide commerce little changed in May / No “clear direction” / IfW Kiel report	31.05.2022
PLASTICS INDUSTRY Flash poll on Russian gas situation: most firms in German-speaking Europe fear supply halt / Countermeasures include more stockpiling, customer communication / Polymer prices could rise even higher	30.05.2022

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