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Markets Polymer Materials Petrochemicals

AVANTIUM Deal with compatriot firm to develop PEF packaging	08.12.2023
PETROCHEMICAL MARKETS USA Propylene: Fire at Enterprise Products Partners' PDH plant in Texas	06.12.2023
INEOS Shutdown at Belgian PTA line to become permanent	06.12.2023
DOW Chemical giant approves spending for ‘net zero' cracker / Plans for Canadian complex include 2 mn t/y of PE capacity	05.12.2023
PETROCHEMICAL MARKETS Repsol declares multiple forces majeures / Fire reportedly impacts styrene, propylene oxide, glycol, polyols	29.11.2023
NATURAL GAS Saudi Arabia discovers two new gas fields / Oman clinches supply deal with BP / China now largest LNG importer	28.11.2023
ADNOC State-owned company reportedly plans to acquire BASF subsidiary Wintershall Dea	27.11.2023
EUROPEAN ECONOMY Ifo: German economy ‘stabilising', plastics firms offer mixed picture / Eurozone outlook improves, managers say	27.11.2023
REPSOL Fire hits production site in Tarragona, Spain	24.11.2023
HYDROGEN Planned network in Germany could form Europe's core / Initial spread of 1,500 km / Cost of EUR 20 bn	23.11.2023
UK CHEMICAL LEGISLATION Successor to REACH: Government postpones revision of trade regulations until 2024	20.11.2023
GERMAN CHEMICAL INDUSTRY Depressed mood prevails / Closures and discontinuation of business areas / “No signs of a trend reversal” – VCI	20.11.2023
HYDROGEN / DUKE ENERGY Plans for end-to-end green hydrogen system in Florida / Design said to be first of its kind in the US	16.11.2023
TOTALENERGIES Deal adds 10 years to Oman LNG partnership / New agreement includes GHG reduction	15.11.2023
SINOPEC Chinese major signs second LNG supply deal with QatarEnergy / Pact includes 5% stake in joint venture	10.11.2023
CHINA Beijing seeks to replace plastics with bamboo / Move follows push for greener chemical industry	09.11.2023
GLOBAL TRADE Shipments rise in October / European commerce supports overall gains – IfW Kiel	08.11.2023
BASF 2023 sales, operating income seen at low end of guidance / Petchem producer steps up cost cutting measures	31.10.2023
NATURAL GAS Qatar inks new LNG supply deals with EU players / Fierce competition with US suppliers / China a major client	31.10.2023
SYNPET Chemical recycling of plastics in Antwerp as of 2025 / Partnership with Swiss trading group Kolmar	27.10.2023
CEPSA Spanish oil group shutters line for PA feedstock cyclohexane	26.10.2023
ENERGY Global oil markets tense on Middle East conflict / Gas demand set to slow / Summit agrees objectives for COP28 / IEA report	26.10.2023
TOSOH New MDI splitter to serve Southeast Asia	26.10.2023
HYDROGEN Washington announces plans for USD 7 bn hydrogen network / Details include 7 regional hubs, few European partners / Social issues play role in contracting	25.10.2023
NATURAL GAS EU and Germany's demand forecast for steep fall / Shift to cleaner fuels and decarbonisation are key drivers / Current reserves sufficient – Deloitte-Öko-Institut report	23.10.2023

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