Markets Polymer Materials Petrochemicals

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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