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Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a recent analysis from Wood Mackenzie.
Sinopec will take over the 800-ktpa coal-to-olefins (CTO) project in Erdos from State Power Investment Mengxi Energy.
Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.
PCI Wood Mackenzie's latest review of the North American marketplace, 'Flexible Packaging North America Supply Demand Report', reveals North America’s $24 billion flexible packaging industry remains the largest regional market in the world, accounting for around 28% of global flexible packaging demand in 2017.
Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.
Can EU legislation support regional chemicals production and halt the current wave of asset closures? In polyolefins, from 2024 to 2035, we estimate that legislation will limit capacity closures to 15% of European capacity rather than 20-25%. The measures will be necessary but not sufficient to fully protect the current industrial structure.
Forecasting benzene prices remains challenging due to its by-product nature. In a supply-constrained environment, producers often struggle to respond promptly to changes in benzene consumption at the country or regional levels. This lag frequently leads to shifting trade positions and increased price volatility. Recent years have seen remarkable phenomena in the global benzene market, rekindling…
The introduction of India's Goods and Services Tax (GST) has lifted oil demand in the country this year. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected by the impact of GST on vehicle prices and sales, especially in the logistics sector.
Invaluable North American crude oil value chain coverage with short and long-term outlooks, giving you broad value chain coverage with weekly updates to keep you informed of market fundamental drivers.
Understand the commercial and strategic drivers of Recycled PET supply and demand, price forecasts and leading market trends.
With the new Corpus Christi plant coming online, organisations in the PTA and PET markets are aware that change is expected. However, the impact of these changes and the realisation that they will span the entire polyester chain is less understood.
Since the start of the decade when crude oil/gas prices ratios were higher and global ethylene demand was lower, the global ethylene industry has rebalanced and has even entered periods of tightness over the past few years, prompting fresh investment in new ethylene capacity. What can we expect from this current investment cycle?
The Chinese government plans to ban waste imports — including plastics — by the end of this year. While this could have positive repercussions in the long term, like exporting countries being forced to re-evaluate their approach to waste and improve their systems, we could see negative impacts appear quickly. Without China and its fibre industry serving as an end market, some countries may forego plastics collection efforts, leaving plastics to be littered or disposed of in landfills, waterways or the ocean.
A number of petrochemical product markets have seen substantial price and margin volatility over recent months, including styrene monomer. Ryan Macaluso, Senior Research Analyst at PCI Wood Mackenzie tells us more…
The Covid-19 outbreak could spark an increase in China’s relatively low consumption of flexible packaging.
While the fibres industry has seen significant demand destruction from coronavirus, not all sectors are struggling. Global demand for PPE has boomed, and many fibre and textile companies are pivoting to produce it. But this surge won't last forever.
Materials use is on a course to double by 2050, with waste generation increasing by 70%, putting an unsustainable burden on our planet. It’s time for a materials transition, with the global scale and ambition of the energy transition.
Volume loss, overcapacity and margin squeeze have taken a toll – but there are bright spots for the polyester industry.
The polyester chain will undergo profound changes in a post-coronavirus world. What are the six big trends to watch out for?
The EU is getting tougher on non-recycled plastic packaging waste. Will the new plastics levy lead to more sustainable solutions? And could the flexible packaging sector lose its relative cost advantage?
The Chemicals and Polymers Conference discussed base chemical and polymer markets, emerging technologies, and discussions on the hot topics facing the industry.
Key themes to watch for the polyester chain, from growing overcapacity to prices, margins and supply chain woes – and the quest for greater sustainability.
Clear and robust legislation is vital if the fragmented plastics economy is to find a sustainable pathway – the UN treaty on plastic pollution will play a central role.
Downstream chemical markets face a downbeat start to 2023 – long on supply, short on demand. But will demand recovery bring some much-needed relief to producer margins?
We are at an unprecedented point in time where the entire commodity petrochemicals industry is in a downturn. Where do we expect chemical margins to end up this year and what can producers do to tide through the downturn?
The future of polyolefin recycling hinges on innovations in waste management systems and a new kind of value chain.
Global maritime trade set to grow by more than 40% by mid-century.
In this edition of Horizons, we discover how existing oil fields could yield 470-1,000 billion additional barrels using proven recovery technologies available today. Learn why this massive upside potential could meet global oil demand through 2050 and beyond at current prices.
There’s little doubt that liquid biofuels should play a crucial role in the energy transition. Bio-based diesel and aviation fuels from plant-based feedstock could emit 80% less carbon than the crude oil-based products that dominate today’s global market. The question is how to make it happen.
Understand the key commercial trends, supply/demand and capacity with our industry-wide benzene and styrene market report services.
Identify commercial opportunities and evaluate long term trends with market-leading research on ethylene oxide, glycols and other ethylene oxide (EOD) derivative industries.
Analyse global trends in flexible packaging to identify growth opportunities, gain strategic insights and build strong relationships.
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