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Markets Polymer Materials Petrochemicals

HYDROGEN German production, distribution plans gather momentum / Rhine-Main network to be part of nationwide effort / Global Data sees investment surge in green hydrogen	16.04.2024
BOREALIS EUR 4.5 mn to be invested in Porvoo cracker / Modifications to three furnaces to use circular feedstocks	16.04.2024
NESTE Collaboration with Lotte Chemical on renewable feedstock / Significant emissions reduction claimed	15.04.2024
SABIC Dutch naphtha cracker to be shuttered / Olefin capacities at site halved	11.04.2024
PETROCHEMICAL MARKETS Styrene: TotalEnergies declares force majeure on deliveries from domestic site	11.04.2024
ENERGY Asia-Pacific could become global leader in shift to renewables / Electrification key to reaching net-zero ambitions / Investment needed – Wood Mackenzie report	11.04.2024
USA Follow-up: 16 Republican states sue Biden administration over planned LNG export pause / Regulatory process claimed circumvented	11.04.2024
PETROCHEMICALS Russia expects massive investments to triple exports through 2030 / Attacks on refineries spark concerns over stability / Kazakhstan mulls long-term development plans	10.04.2024
BUTADIENE Shortage of supply causes prices in Europe to soar / Plant failures and low demand	08.04.2024
NESTE Porvoo refinery shuts down for turnaround in April	08.04.2024
INEOS Acquisition of Lavera plants from TotalEnergies finalised	02.04.2024
PETROCHEMICAL MARKETS Styrene, propylene oxide, polyether polyols: Covestro, LyondellBasell declare force majeure	28.03.2024
EDITORIAL: ENERGY MARKET European electricity demand set to increase in 2024; slightly above 2023 level / Trend of price reductions to continue in coming years - industry expert Dimitrios Koranis	28.03.2024
PETROCHEMICAL MARKETS MDI: Reported outage of major BorsodChem plant in Hungary	27.03.2024
USA Winners of funding announced for first 50 hydrogen projects in 24 states / Electrolysers, fuel cells lead the list / European companies also participating	27.03.2024
RUSSIA Fires at Samara refineries / Impact on Sanors petrochemicals reportedly limited	25.03.2024
CHEMICAL INDUSTRY GERMANY Dramatic slump in sales, production in 2023 / Dim prospects also for year ahead	21.03.2024
EDITORIAL: PRICE FORECASTS PIE launches price forecasts for polymer feedstocks ethylene and propylene	18.03.2024
HYDROGEN Big spender Germany ups budget for renewable product / Subsidies for gas-to-hydrogen plants in the offing	18.03.2024
BASF Monomers division wins global ISCC Plus, RED-cert2 status in all major product lines	12.03.2024
EUROPEAN CHEMICAL INDUSTRY Industry ends 2023 on “a weak note” / Production, exports, imports down compared with 2022 / Uptick in investor confidence	08.03.2024
NATURAL GAS Qatar plans expansion despite pricing woes / Europe may need LNG for 50 more years / US pause in export terminal approvals challenged	08.03.2024
PLASTICS AND ENVIRONMENT Follow-up: Environmental associations go to court over Ineos Project One / “Destructive and completely unnecessary”	06.03.2024
BASF Launch of ChemCycling process in US / Chemically recycled products to be manufactured in Texas	06.03.2024
PETROCHEMICAL MARKETS Intermediates: OQ Chemicals declares force majeure at German plant	05.03.2024

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