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Markets Polymer Materials Petrochemicals

GLOBAL TRADE Shipments rise in October / European commerce supports overall gains – IfW Kiel	08.11.2023
BASF 2023 sales, operating income seen at low end of guidance / Petchem producer steps up cost cutting measures	31.10.2023
NATURAL GAS Qatar inks new LNG supply deals with EU players / Fierce competition with US suppliers / China a major client	31.10.2023
SYNPET Chemical recycling of plastics in Antwerp as of 2025 / Partnership with Swiss trading group Kolmar	27.10.2023
CEPSA Spanish oil group shutters line for PA feedstock cyclohexane	26.10.2023
ENERGY Global oil markets tense on Middle East conflict / Gas demand set to slow / Summit agrees objectives for COP28 / IEA report	26.10.2023
TOSOH New MDI splitter to serve Southeast Asia	26.10.2023
HYDROGEN Washington announces plans for USD 7 bn hydrogen network / Details include 7 regional hubs, few European partners / Social issues play role in contracting	25.10.2023
NATURAL GAS EU and Germany's demand forecast for steep fall / Shift to cleaner fuels and decarbonisation are key drivers / Current reserves sufficient – Deloitte-Öko-Institut report	23.10.2023
BASF Second ethylene oxide plant on stream in Belgium	20.10.2023
INVISTA Supplier to close US PA 6.6 feedstock plant / Chinese facility to begin resin production next year	12.10.2023
GERMAN CHEMICAL INDUSTRY No recovery in sight / Profit warnings to rise in Q4 – Baader-Bank	12.10.2023
NATURAL GAS Prices to ease over the next year / Turnaround due in 2025 – forecast	11.10.2023
HYDROGEN EU is not fully exploiting its potential, research institutes say / HyPat study proposes steps toward a rebalance	10.10.2023
PLASTICS WASTE New waste-to-hydrogen route developed / Graphene by-product offsets hydrogen production costs	09.10.2023
PLASTIC PACKAGING Two-thirds of German firms say economic situation is bad / Companies demand cost relief	05.10.2023
GERMAN CHEMICAL INDUSTRY “Industry has a decisive share in the climate crisis.” – environmental organisation BUND presents market overview	04.10.2023
INEOS Million-dollar deal: Takeover of acetyl production lines from Eastman in Texas	02.10.2023
TOTALENERGIES French firm banks on green hydrogen to decarbonise refineries / Projects underway with different partners	02.10.2023
INEOS Money issues hit Project One cracker construction / ‘No ultimatum given' / Decision by Belgian environment minister outstanding	29.09.2023
EUROPEAN CHEMICAL INDUSTRY Cefic: H1 production drops over 12% / Better second half unlikely	27.09.2023
CHINA Chemical association wants greener industry / Transition seen as major factor in further development / Competition comes from profit motive	27.09.2023
OQ CHEMICALS Higher prices for intermediate products made in Europe	26.09.2023
GERMAN ECONOMY Business morale falls for fifth straight month / Plastics, rubber industry on the rebound?	26.09.2023
ELLBA Styrene plant of BASF/Shell JV in Moerdijk restarts / Pressure on spot price	25.09.2023

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