It was an unexpected piece of news that came like a lightening bolt into the quiet of a mid-September day in the European maleic anhydride market: The Polynt-Reichhold Group will add a 60 ktpa reactor to its existing 65 ktpa maleic plant in Ravenna, Italy. This announcement made on 16 September was a surprise to… Read More A Bolt From the Blue Hits the Maleic Mergers and Acquisitions Market
The alumina industry is the largest consumer of caustic soda, alone consuming around 20% of global production of caustic soda in 2018. Therefore, changes in the alumina industry can have a major impact on the caustic soda market as it was seen in 2018 and early 2019 with the Alunorte production cut. This had significant… Read More Weak Alumina Market Slows Down Recovery of Caustic Soda Demand
Following a period of softening since March, Chinese butyl acrylate (BA) prices have finally reversed their downward trend in late July/early August following a two year low which was reached in June. The increases were largely driven by upward pressure from feedstocks, as producers were determined to pass on at least part of the propylene… Read More Chinese butyl acrylate prices – how long can the recovery last?
Conditions in the polyamide 66 engineering resin market were challenging throughout the first half of 2019, and the outlook for the second half of the year isn’t much better. Market sources in Europe recently reiterated the widely held view that demand was down sharply in the first half of 2019 with estimates of lower consumption… Read More Challenging conditions keep PA66 markets on edge
The maleic anhydride market has been caught in a storm of investment activity – is the dust now starting to settle? The maleic market is watching and waiting to see how M&A activity progresses as the economies of all major regions are now off the boil. To download the full article please click here* SUBSCRIPTION… Read More Maleic Anhydride Markets a Whirl of M&A Activity
Sooner and faster than expected, glycols and derivatives have changed from healthy margins and good demand, to poor margins and weak demand. The outlook is really complex for the next several years, with each company trying to re-define its strategy in a scenario full of uncertainties. To download the full article please click here* To… Read More The new era for MEG and derivatives is already here! What to do?
The Chinese epichlorohydrin market has been through a fair amount of drama over the last two years but the last eight months have probably been the most volatile. Prices have been on a continuous uptrend despite demand remaining fairly soft since the start of the year. This is because supply has been very tight in… Read More Epichlorohydrin: When will the drama stop?