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Markets Polymer Materials Petrochemicals

GERMAN ECONOMY Mood among plastics, rubber processors brightens / Ifo business climate index rises	23.05.2025
CENTRAL ASIA Sibur acquires stake in loss-making Kazakh plastics processer / Russian plastics industry seeks to expand foothold in Central Asia / China shows economic interest in region	22.05.2025
SABIC Saudi giant reportedly seeking IPO for National Industrial Gases / Europe exit rumours persist	22.05.2025
POLYMER PRICES Paraxylene: Still no consensus / May contract also expected to be fixed late	19.05.2025
DENKA Japanese chemical group to shutter US chloroprene plant / Severe financial losses / Trump's reversal of lawsuit not enough	19.05.2025
RENEWABLE ENERGY Policies proposed for EU chemical industry shift to renewable carbon – RCI report / Dutch team outlines transition plan	19.05.2025
PLASTICS AND FINANCE BASF tops brand value list again; Sabic runner-up / Chinese brands grow by 18%	16.05.2025
SABIC Saudi group reportedly questioning its European activities / Reasons: price pressure, overcapacity, expensive raw materials	15.05.2025
HUNTSMAN Adjusted net loss widens in Q1 as sales plummet / Tariff uncertainties hit demand in key markets	14.05.2025
DOW EUROPE Ethylene cartel: claim for damages against Clariant, Celanese, Orbia, and Westlake	13.05.2025
IRAN Petchem production on upward trajectory despite sanction pressure / Economic crisis impacts local consumption / Results of export-diversification campaign unclear	13.05.2025
TRADE WAR Shares, greenback, oil rally on US-China agreement / Reprieve could spike shipping prices / Did Trump blink?	12.05.2025
PETROCHEMICAL MARKETS Styrene, butadiene, propylene oxide: problems at Repsol in Spain	12.05.2025
US-CHINA TARIFFS De-escalation: Both nations agree to significantly slash tariffs / Positive reactions on the oil market	12.05.2025
US-CHINA TARIFFS China quietly exempts select US products from 125% tariffs / Ethane reportedly on ‘whitelist'	09.05.2025
POLYMER PRICES Significant delay in Western European paraxylene contract	08.05.2025
OMV Start-up of Austria's largest green hydrogen plant at Schwechat / Feedstock for sustainable fuels and chemicals	07.05.2025
PETROCHEMICAL MARKETS PET: Spain's Novapet reportedly faces problems after blackout	30.04.2025
EGYPT Polyolefin manufacturer Sidpec reports good performance despite global market challenges / Petchem output to triple by 2030 / Chinese-Egyptian JV to design Red Sea petrochemicals complex	30.04.2025
WANHUA CHEMICAL Kuwait's PIC buys 25% of world market leader in isocyanates	30.04.2025
UPDATE - IBERIAN PENINSULA Blackout in Spain and Portugal: Multiple petrochemical plants shut down / Normalisation could take a week	29.04.2025
PLASTICS MARKETS Global production continues uptrend, seen doubling by 2050 / Waste incineration increases, landfill declines / Recycling stagnant in challenging environment	29.04.2025
PETROCHEMICAL MARKETS Olefins, LDPE/LLDPE, EVA: Versalis declares force majeure on products from Dunkirk	28.04.2025
GERMAN ECONOMY Business climate improves slightly despite trade dispute / Manufacturing industry, plastics pessimistic again – Ifo Institute	25.04.2025
TOTALENERGIES Plans to shutter cracker at Antwerp / Major ethylene customer allows contract to expire	24.04.2025

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