Global isocyanates markets are currently stable on the back of good supply and demand. The market usually starts the year on a quiet note following the holiday period but as activity picks up expectations so far are for a calmer year compared to the last two years. However, ongoing trade wars, environmental legislations, sanctions, Brexit,… Read More Isocyanates: Will political issues shake the market in 2019?
European and US UPR producers are cautiously optimistic about the coming year. However, Asian players look set to face further headwinds as anti-dumping duties, a fragmented domestic market and weak construction sector outlook look set to further dampen demand. 2018 was another robust year for the US UPR market, with many players reporting growth of… Read More US/EU UPR players optimistic in 2019 while China sees uncertainty
The long interval between set-up and making money, known as the “valley of death” continued to loom large in the renewable chemicals industry as several companies in 2018 either went into bankruptcy or disappeared quietly as their investors pulled out. The bankruptcy filing of BioAmber last year was considered the biggest setback in the industry.… Read More The renewable chemicals industry experienced a serious setback in 2018. What’s in store for 2019?
It has been a good one to two years for PX/PTA producers, particularly in Asia where capacity expansions have been limited and demand growth modestly above recent trends leading to improved operating utilization and margins. PX utilization in Asia has reached the 80% threshold this year and PTA supply can be described as relatively balanced,… Read More Polyester Intermediates Supply… Here we go again
2018 is ending with on-going supply disruption around the River Rhine logistics which sharply tightened availability of some plasticisers, particularly DINP and DPHP, last month. A slight increase in the water levels have been in the last few days but as December is a very short month for business, plasticisers availability is unlikely to improve… Read More What’s in store for the European plasticiser market in 2019?
Following months of low rainfall in Germany, water levels on the River Rhine reached record lows, leading BASF to declare force majeure on acrylate esters in mid October as a response to restricted raw materials deliveries. Whilst European spot prices for some acrylates have risen as a result of the tightness, seasonally softer demand has… Read More Low Rhine causes headaches for European acrylates buyers, what is the outlook for December?
The trade war between the US and China has dominated the headlines in the last few months and the potential impact in the chlor alkali industry was one of the hot topics discussed at the 7th China International Chlor Alkali conference held in Kunming last month. To receive the full article please click here* Keep… Read More Chlor-alkali industry increasingly concerned about the trade war impact