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After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?
As spandex closes in on sales of 1 million tonnes, industry structures will change to meet competition from China and the challenge of closed-loop recycling, according to recent Wood Mackenzie Chemicals research.
Following Ascend Performance Materials' decision to declare a force majeure on hexamethylene diamine (HMD), Wood Mackenzie Chemicals Head of Thermoplastics, Quentin de Carvalho, commented:
Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.
Follwoing the EU's pledge to make all plastic packaging recyclable by 2030, Helen McGeough, PCI Wood Mackenzie Senior Consultant, commented
Rio Tinto's CEO steps down in H2 2025. His successor inherits strong fundamentals but a 40% discount to NAV versus peers. Five strategic priorities must be addressed: 1) Chinalco stake limits constraining buybacks 2) Operational excellence - closing US$7/tonne margin gap with BHP could add US$1bn annual EBITDA 3) Capital allocation with largest investment programme in peer group 4) Potential…
China's economy performed robustly in the first five months of 2025, driven by fiscal stimulus programs that boosted consumption and unexpected strength in exports. Observers questioned China’s macro data due to the mismatched power consumption data. However, we believe the structural shifts away from the power-intensive sectors explain the discrepancy. Growth momentum is expected to decelerate in…
European BOPET film prices have risen nearly 17% over the last 12 months, levels not seen since late 2011. Will prices rise even further in 2019? Get our latest BOPET film analysis.
Our latest study of the Indian flexible packaging market place ‘Flexible Packaging Supply Demand Study – India’ shows that despite the current uncertainty in the Indian economy, demand for flexible packaging continues to grow at a pace, reaching an estimated $5.6 billion in 2017. India now has the fourth largest flexible packaging market, representing around 6% of the global market, behind the US, China and Japan.
What is driving flexible packaging growth in Poland, Italy and Turkey? Read more.
Every week our experts come together to explore the impact of the coronavirus pandemic across the sectors we cover. Get your copy of the key takeaways.
Earlier this year, we published a case study exploring S-Oil’s decision to add steam cracking capacity to its Onsan refinery. In this update, we have used REM-Chemicals and PetroPlan to scrutinise the possible impact of carbon costs.
The hunt is on to find an eco-friendly, cost-effective alternative to plastic water bottles. Are aluminium cans the answer?
2019 marked a transition year from the recent highs for the global olefins industry, and 2020 has all the hallmarks of a year of major developments. Overcapacity is set to result in monumental changes in the market balance – and we expect to see these dynamics manifest at rapid pace this year.
As 2019 draws to a close, we look at the trends that jolted the industry over the past year.
Refiners are increasingly turning to chemicals production. But how much value does integration add? We take a closer look at the recent acquisition of Wuhan refinery by SK-Global Chemical and Sinopec to better understand the economics.
The Chinese government's plans to ban waste imports, including plastics and RPET waste products by the end of 2017 could have significant repercussions; not only for the Chinese fibre industry but also for the global recycling chain.
The coronavirus outbreak has stunted economic growth, but what is the impact on polymer value chains?
Which is more competitive, a US ethane-based cracker or a second-generation COTC cracker? And can other regions match China's ROI potential?
The coronavirus outbreak is having a transformational effect on global olefins. Supply, demand, trade, pricing, costs and margins are all being impacted to the extent that it will undoubtedly reshape the wider industry. So, what forces are defining the ‘new normal’?
Paper is often lauded as a far more environmentally-friendly alternative to plastic – but but comparing green credentials is a complex issue.
2020 has been characterised by a pandemic-driven collapse in demand and turbulent feedstock prices. How will the industry navigate the challenging times ahead?
Covid-19 has accelerated the adoption of ecommerce, which typically uses more packaging than traditional retail. The pressure is on for brands, and the packaging industry, to deliver sustainable solutions.
How will supply and demand dynamics in the petrochemical feedstock market play out?
Pricing, legislation, brand commitments, chemical recycling and bottlenecks will all influence long term circular packaging growth
The propylene industry is heading for a downturn. Which regions will fare best through the downturn and beyond, and which assets may be at risk of closure?
In 2022 our global analysts created an outstanding body of research, exploring everything from progress on the path to net zero to the impact of Russia's war with Ukraine.
Plastics have enjoyed popularity across multiple sectors for decades, but times are changing. As environmental and economic pressures mount, will demand hold up?
As chemical producers face increasing pressure to decarbonise, technology investment could see plastic demand loss supported through elimination, substitution, and reuse/refill mechanisms.
Identifying pathways from legacy fuels into low-carbon alternatives is a perennial challenge for incumbent energy players. Finding the optimal blend of competitive hydrogen costs, CO2 sourcing and policy support will be key.
In this March edition of Horizons, we assess the carbon intensity of LNG projects around the world and consider the implications of carbon tax scenarios across a range of importing countries.
Understand the commercial and strategic drivers of polyamide supply/demand, price & volume forecasts, and leading market trends for both intermediates, polymers, and its applications.
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