Markets Polymer Materials Petrochemicals

Firms seek to decarbonise ethylene glycol process / Saudi government joins carbon capture and storage thinktank

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

Veil of gloom remains / Sales, output fall in 2023 / More declines expected in coming year

Who gives a hoot about climate? / UN conference without, then with fossil fuel phase-out

Ethylene, propylene: ExxonMobil shuts down French cracker

Borealis, Borouge reportedly on the verge of a merger

Asia to add most propylene output this decade / Global capacity to increase more than 46% – GlobalData

Low-carbon group cuts ties with World Economic Forum / CEOs line up to accelerate journey to net zero targets

Congress reintroduces bill to extend producer responsibility, control resin production / Trade groups warn of stagnation in chemicals, plastics

Deal with compatriot firm to develop PEF packaging

Propylene: Fire at Enterprise Products Partners' PDH plant in Texas

Shutdown at Belgian PTA line to become permanent

Chemical giant approves spending for ‘net zero' cracker / Plans for Canadian complex include 2 mn t/y of PE capacity

Repsol declares multiple forces majeures / Fire reportedly impacts styrene, propylene oxide, glycol, polyols

Saudi Arabia discovers two new gas fields / Oman clinches supply deal with BP / China now largest LNG importer

State-owned company reportedly plans to acquire BASF subsidiary Wintershall Dea

Ifo: German economy ‘stabilising', plastics firms offer mixed picture / Eurozone outlook improves, managers say

Fire hits production site in Tarragona, Spain

Planned network in Germany could form Europe's core / Initial spread of 1,500 km / Cost of EUR 20 bn

Successor to REACH: Government postpones revision of trade regulations until 2024

Depressed mood prevails / Closures and discontinuation of business areas / “No signs of a trend reversal” – VCI

Plans for end-to-end green hydrogen system in Florida / Design said to be first of its kind in the US

Deal adds 10 years to Oman LNG partnership / New agreement includes GHG reduction

Chinese major signs second LNG supply deal with QatarEnergy / Pact includes 5% stake in joint venture

Beijing seeks to replace plastics with bamboo / Move follows push for greener chemical industry