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Plastic pollution caught and maintained the world’s attention in the mid-2010s as images of marine environments ravaged by deposits of disposed plastic led global governments and corporations to commit to improving the circular plastic economy.
Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.
Last month’s winter storm paralysed the US petrochemical industry. Operations at US Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered wide-spread power outages and plant shutdowns.
As the US deals with this week’s winter storm, refining and petrochemicals outages could have an impact on the global polyester chain, according to Wood Mackenzie.
Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.
Operated by Minera del Altiplano, Hombre Muerto is a lithium brine operation located in Catamarca, Argentina. One of several companies with tenements in the Salar del Hombre Muerto, Livent's operation started in 1994. Livent uses solar evaporation ponds to produce lithium chloride and further processes this into lithium carbonate via ion absorption technology. Production capacity is expected to…
Vulcan Energy Resources is developing the Lionheart brine lithium project in Germany's Upper Rhine Valley. The project aims to produce 24,600 t/y of lithium hydroxide monohydrate using Direct Lithium Extraction technology. It will also generate 270 GWh of renewable power and 560 GWh of heat annually. Vulcan owns 100% of the project, which includes the Insheim, Landau, and Rift licenses. The…
Qatar Petroleum today announced the selection of Chevron Phillips Chemical Company as its partner for a new ethylene and derivatives complex, which will be constructed in Ras Laffan Industrial City, Qatar
Commenting on the news that China is planning to place tariffs on chemicals from the US, Senior Vice President Chemicals, Stephen Zinger, said:
Hear our refining and petrochemicals experts in a webinar recording to understand why refiners are looking to petrochemicals for future growth opportunities. The webinar provided an overview into the crude to chemicals trend and the risks and opportunities facing refiners today.
The global flexible packaging sector saw some significant mergers and acquisitions in 2018. What will be the impact on the industry in 2019? And what other trends are likely to impact flexibles?
2017 was a roller coaster year for the PET packaging market in West Europe. Our latest analysis has been based on a wide-ranging programme of interviews and discussions with participants throughout the PET recycling chain, including compliance agencies, reclaimers, traders and end users.
There is growing demand for aromatics, providing many growth opportunities for business around the world. While demand is high, supply is constrained in some areas. In the below videos our expert analysts discuss the challenges and opportunities we expect to see in the aromatics industry for the rest of this year and beyond
The global styrene market is facing a sizeable change in the status quo. Our new Insight gives our initial thoughts on the state of the market before and after tariff announcements...
Patrick Kirby speaks to Dukascopy TV on the state of petrochemicals in the Russian Commonwealth
As global ethylene consumption continues to grow, petrochemical companies will need to invest in new ethylene facilities to meet demand.
What should the global polyethylene industry brace themselves for in 2018?.
Even after growing by 3 million tons since 2012, the North American ethylene industry has 10 firm cracker projects currently underway – adding another 10 million tons by 2020. Where will all the extra polyethylene go? Surely it won’t stay in the North American markets, and it seems that this expansion is just the beginning.
Patrick Kirby, Principal Analyst EMEARC Olefins, appeared on Dukascopy TV to explain why ethylene is so important to the market.
Ryan Macaluso discusses the reasons why styrene production shortfalls have led to volatile prices across this important market segment.
Steve Jenkins reviews how Thai conglomerate PTT is changing its strategy in response to the government’s recent environmental and economic policymaking.
Are PET bottles the world’s most sustainable packaging solution? Read more.
The implementation date for the IMO’s global fuel sulphur content cap is not far away. How will these changes affect the downstream, upstream, LNG and bulks sectors? And how prepared is the industry? Our experts share their views in this webinar.
The oil industry is turning to petrochemicals for long term growth but what impact will environmental strategies to reduce or ban plastic consumption have on long-term oil demand growth?
A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!
US chemical company earnings for Q2 2019 came under pressure as uncertainty caused by the US-China trade war and a slowing economy affected demand. What do we expect for the rest of 2019? Our analysts Hugh Hartzog and Ashish Chitalia take a closer look at the trends behind the numbers.
The coronavirus outbreak is having a seismic effect. How is it affecting gas, power and chemicals markets?
The Tokyo Olympics could be a game-changer for sustainable textiles – but some momentum has been lost.
Only certain types of plastic can be handled by existing mechanical processes. Could emerging technology such as feedstock recycling, chemical depolymerisation and solvent purification offer a solution?
The textiles and packaging sectors may soon be in fierce competition for limited supplies of recycled PET to meet their sustainability targets
Gas-based feedstocks are the traditional investment driver for steam cracker investments, but with feedstock availability becoming more challenging the economics are under scrutiny.
Watch our exclusive video to discover how Wood Mackenzie's Long-Term Products Markets Service helps industry leaders stay ahead of unprecedented market disruption.
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