Announcements of investment and partnerships from several plastic producers, energy companies, major consumer brand owners and recycling technology companies have accelerated just within the past six months as media coverage of growing global plastic waste problems intensify at the same time that regulatory proposals to ban single-use plastic products have increased worldwide. Chemical recycling, which… Read More Plastic waste problems lead to chemical recycling tech commercialisation
Braskem announced on 9 May that has started the process of shutting down the chlor-alkali and EDC plants in Maceió, Alegoas, while is also evaluating the impact on its PVC units. While it remains unclear how long the shutdown would continue, in the short term caustic soda (and EDC) imports into the country will increase.… Read More Brazil Developments – Impact on global chlor-alkali markets
What’s New In 2019? • A New Start From 2019, China will begin to witness the establishment of oil refineries by privately owned enterprises, including Zhejiang Petrochemical, Hengyi Petrochemical and Hengyi Industries (Brunei) – all coming on stream one after another and marking a new era of higher integration for China’s polyester chain. • New… Read More Free Registration: China International Polyester & Intermediates Forum
In the five-year period prior to 2018, overall demand growth for engineering thermoplastics in China was close to 10% per annum, depending on the material and market segment. The markets followed the same trend during the first half of 2018, but demand began to slow in the second half of the year amid growing trade… Read More Chinese Engineering Thermoplastics markets stuck in neutral
The global isocyanates markets have been stable in Q1 and prices are changing direction as we move further into Q2. Compared to 2018, where a series of both planned and unplanned outages in Europe and Asia left the market very short of supply, this year has seen an over supplied market and ongoing price cuts.… Read More Weak downstream sectors continue to shake the isocyanates market
A huge explosion took place in the Yancheng Chemical Industrial Park in Xiangshui County, Jiangsu Province, 300 km north of Shanghai, on 21 March 2019, killing 78 people and injuring hundreds. After the explosion, the authorities immediately ordered plant closures in the park, and implemented a programme of rigorous plant inspections all through Jiangsu province,… Read More Xiangshui Explosion and its Impact on the Petrochemical Industry
If you miss our experts’ insights at APIC 2019’s Market Insight session in Taipei last week, you can now download their presentations on the link below: Thank you for all those who attended and listened to our presentations! We look forward to next year’s APIC 2020!