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Markets Polymer Materials Petrochemicals

PETROCHEMICAL MARKETS Intermediates: OQ Chemicals declares force majeure at German plant	05.03.2024
RENEWABLE HYDROGEN EU pilot auction attracts 132 bids / Funding set to enable production of 8.8 mn t green hydrogen in ten years	04.03.2024
GERMAN CHEMICALS INDUSTRY Business confidence stuck at low level – ifo / Thin backlog remains a problem	29.02.2024
INEOS Chairman's letter to EU leaders bemoans lack of competitiveness	29.02.2024
EUROPEAN ECONOMY Morale in German plastics industry deteriorates – ifo / Manufacturers voice further concerns / Brighter outlook for services in Germany, Europe	27.02.2024
RUSSIA Two years of war: Rising prices for base polymers slow processor investments / Eastern turnaround in exports not up to expectations / Unrealistic plans for major petchem projects	26.02.2024
S-OIL Fire at South Korean refinery unit causes outages / Polypropylene production affected	23.02.2024
EUROPEAN INDUSTRIAL DEAL Antwerp industry summit proposes revised climate goals for EU / Brudermüller: “Urgent need to enhance Europe's competitiveness“ / Complement or counterweight to green agenda?	23.02.2024
BISPHENOL A New EU regulations on the horizon / Public consultation in progress / “Health risk across all age groups”	20.02.2024
ENERGY COSTS European coal prices drop / HWWI commodity price index on downward trend	20.02.2024
NATURAL GAS US calls “temporary” halt to new LNG export terminals / Existing units to remain onstream / Energy department plans study on international climate impact of US gas	19.02.2024
EXXONMOBIL Lawsuit against activist investors draws flak from sustainability circles / Energy giant also takes aim at regulator SEC	16.02.2024
PETROCHEMICAL MARKETS Phenol, acetone, cumene: Ineos reportedly declares force majeure in Germany	12.02.2024
BASF New TPU plant inaugurated at Zhanjiang / First development stage for EUR 10 bn Chinese complex completed	09.02.2024
FORMOSA US court reinstates air quality permit for Sunshine Project / Path to realisation remains long	31.01.2024
POLYMER MARKETS What influence does the conflict in the Middle East have on the supply situation and polymer prices? / Interview with PIE price expert Martin Bäcker	30.01.2024
EDITORIAL A clear position is not an end in itself: the plastics industry must also take a firm stand	26.01.2024
PETROCHEMICAL MARKETS Ineos declares force majeure for PP from US plant in Texas – report	23.01.2024
EXXONMOBIL Lawsuit seeks to block shareholder vote on emissions targets / Decision to bypass SEC could provide stark precedent	23.01.2024
ENERGY Steady outlook for oil prices to end of 2025, barring escalation of Middle East conflict / Weakening demand, rising non-OPEC output key drivers	23.01.2024
PLASTIC PACKAGING Most German firms expect lower earnings – survey / Bleak outlook for 2024	22.01.2024
PETROCHEMICALS USA Onset of winter cripples plants in Texas, Louisiana / Exports to Europe only affected to a small extent	18.01.2024
LYONDELLBASELL Acquisition of 35% stake in Saudi's Natpet planned / USD 500 mn deal to boost PP business	17.01.2024
TASNEE Selection of SGC eTEC for Saudi ethylene expansion / Extra output due online in H1 2026	17.01.2024
NESTE Transformation plans for Porvoo oil refinery / Total investment estimated at EUR 2.5 bn	16.01.2024

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