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Commenting on the news that Chevron Phillips Chemical will cease paraxylene production in the U.S at the end of this year, Gordon Haire, Wood Mackenzie Chemicals Research Director, said:
According to PCI Wood Mackenzie's latest review of the European marketplace, 'Flexible Packaging European Supply Demand Report', Poland continued to be the fastest growing major flexible packaging market in Europe in 2017, increasing by over 5% during the year.
India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.
The impact of major demand drivers, customer preferences, protectionism and regulatory changes are shifting the priorities of players in the polyolefins markets.
Will 2019 be another tumultuous year for the North American polyester industry? Dr. Michael Bermish looks at what the six key issues will be in 2019.
Last month, China imposed restrictions on electricity supply to meet carbon emissions reduction targets, part of the country’s “dual controls” on total energy consumption, and energy intensity. Each of the country’s provinces has been placed under categories, specifying how much they have already exhausted the year’s power supply allocated to them within the first three quarters of 2021. In order…
Reduce, reuse, recycle is a well-known mantra. Most commonly, it is thought of with reference to plastic packaging, and the battle against unsustainable consumption. But fibre, textile and apparel value chains are also under growing pressure to significantly reduce their environmental impact. Growing awareness of the cost of ‘fast fashion’ has seen big brands making commitments to sourcing…
What are our petrochemical industry colleagues in the Commonwealth of Independent States (CIS) thinking about?
What should the global polyethylene industry brace themselves for in 2018?
Maritza Ramirez recently presented at the LAPET Meeting in Mexico city. In her presentation, “Are Changes in Global Supply and Demand Helping or Hindering the Latin American PET Industry?”, Maritza, Senior PET Consultant for Wood Mackenzie Chemicals, explained that PET events in China or Europe can have immediate effects in Latin America.
The lower crude oil pricing environment that has been in place for almost the last three years has influenced the olefin cost curve around the World. The deviation between advantaged and disadvantaged regions has narrowed, levelling the playing field much more.
The show will soon be over for Dupont and we can say that this respected name once synonymous with polyester film has “left the building”.
Understand why Spandex market growing twice as fast as other fibres. See more.
In 2020, our global analysts produced an outstanding body of research to help steer our clients through the challenges and uncertainty of the Covid-19 pandemic. Our annual Research Excellence Awards celebrate the very best of that compelling and timely insight.
The world's relationship with plastic and other materials is unsustainable. Find out about the materials transition and what plastics can learn from the energy industry.
After the US raised tariffs from 10% to 25% on US$200 billion worth of imports from China, China has responded. How will escalating tariffs affect the petrochemicals industry?
APAC Energy Buzz is a monthly blog by our Asia Pacific Vice Chair, Gavin Thompson. In his blog, Gavin shares the sights and sounds of what’s trending in the region and what’s weighing on business leaders’ minds.
We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.
Coronavirus has hit automotive sales and demand, and the plastics industry will feel the impact.
The move towards a circular economy is one of many initiatives being pursued as society seeks to reduce its environmental impact. Within the refining and chemical industries, there is an increasing focus on how technology and research can be applied to support the re-engineering of many product value chains, thereby reducing the environmental impact of specific products throughout their entire lifecycle.
Despite a lack of globally aligned policies and projects for carbon reduction, we see COP26 as a qualified success. So, what are the implications?
In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.
COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.
Geopolitics is back at the canter of commodity markets. As US-China trade tensions intensify, every link in the energy chain - from feedstocks to finished goods - is being reshaped. Are you prepared for what's next?
Why complex sites that integrate petrochemicals and more will have the edge long-term
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely
A forward-looking perspective on the evolving dynamics of the olefins/polyolefins value chain in 2025
The world is not decarbonising quickly enough to reach net zero.
The circular economy is a critical strategy for delivering a lower-emission, more sustainable economy. This Horizons highlights the paradigmatic shift that is required to make progress, and highlights three case studies that serve as examples of how we can initiate change.
Gain a comprehensive view of the chemical feedstocks markets with this unique and integrated dataset, to inform confident commercial and strategic decision making.
Gain insights into key supply/demand drivers and identify growth opportunities in plastic films including cast polypropylene and BOPP film.
Helping investors evaluate opportunities in energy and natural resources during the Covid-19 crisis
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