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PIE 1103 of 25.07.2022
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ENERGY MARKETS
Qatar finalises gas North Field Expansion contracts / Five energy majors participating / Total, Shell, Exxon with the largest stakes
15.07.2022
PETROCHEMICALS ITALY
Union leader Pirani praises, blasts Versalis strategy / Says future of basic chemicals “uncertain”
15.07.2022
INDORAMA
Licensing deal to build, own, and run Chinese plant for propylene oxide, TBA, MTBE
14.07.2022
NATURAL GAS
Nord Stream 1 closed for maintenance / Concerns that Moscow will end gas shipments to Europe / Could UK cap gas deliveries to the EU? / Rationing this winter?
13.07.2022
CHEMICAL INDUSTRY GERMANY
Storm brewing as firms struggle with "tsunami of rules" / VCI group sees "existential crisis" / Production to fall 4% this year / Gas rationing a concern
12.07.2022
ADVANCED POLYOLEFINS
Saudi company secure financing for future C3/PP facilities / Construction likely to be delayed
12.07.2022
BASF
Feasibility study for large heat pump at German headquarters / Collaboration with MAN Energy Solutions
07.07.2022
GERMAN ECONOMY
DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years
07.07.2022
PETROCHEMICAL MARKETS
Styrene: Covestro declares force majeure after plant failure in the Netherlands / Propylene oxide also affected
06.07.2022
AVANTIUM
Offtake agreement with Carlsberg / Further step in commercialisation of PEF / Fibre beer bottle to be trialled at European summer festivals
04.07.2022
LYONDELLBASELL
Deals with US renewable energy suppliers / CO2 emissions to be cut some 225,000 t/y
04.07.2022
UPDATE - PETROCHEMICAL MARKETS
C2, C3, PE: Borealis reports cracker shutdown in Sweden / Throttling of local PE lines
01.07.2022
RAW MATERIALS
Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023
01.07.2022
BOREALIS
OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected
30.06.2022
OCCIDENTAL PETROLEUM
US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas
29.06.2022
ENERGY COSTS
Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI
28.06.2022
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 Dunkerque 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
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