10 January 2011 08:00 [Source: ICIS news]
LONDON (ICIS)--The following OUTLOOK '11 stories were published by ICIS between Friday 24 December 2010 and Monday 3 January 2011. Please click on the headlines to read the full versions.
OUTLOOK '11: Crude likely to fall on slow economic growth
Crude oil prices will fall in 2011 from the plus-$90/bbl levels reached this month as the pace of the global economic recovery remains sluggish, market commentators said.
OUTLOOK '11: Europe naphtha to benefit from strong Asia demand
Strong demand in Asia and high crude oil prices are likely to be the two major driving forces supporting European naphtha prices in 2011, but this upside could be limited by a poor gasoline sector.
OUTLOOK '11: Shipping 'tonnage overhang' expected to continue
Too many chemical ships will probably continue to chase too few cargoes in 2011, at least in ?xml:namespace>
OUTLOOK '11: Fertilizer demand set for strong growth
The international fertilizer market is entering 2011 in a seemingly strong position, and the sector is expected to see further growth as demand levels appear to be returning to pre-recession levels and prices of all products are on the up and significantly higher than a year ago.
OUTLOOK '11: Europe olefins will adapt to new Mideast capacity
European olefins players are confident they will be able to adapt to an "inevitable" onslaught of new Middle Eastern capacity in the second half of next year, following a strong 2010 with better-than-expected margins.
OUTLOOK '11: Europe polyolefins players expect strong start to 2011
European polyethylene (PE) and polypropylene (PP) producers are expecting a strong start to 2011 as upstream costs soar, following a better-than-expected year in 2010.
OUTLOOK '11: Europe aromatics look strong on healthy demand
The forecast for European aromatics is largely optimistic following a volatile year marked by erratic price movements, instability on crude values and strikes in
OUTLOOK '11: New landscape for Europe styrenics in 2011
The European styrenics market will head into 2011 with a significantly altered landscape following the recent creation of Styron and of Styrolution.
OUTLOOK '11: Europe oxo-alcohol sellers optimistic on coming year
After a tumultuous year that saw prices steadily increase, oxo-alcohols sellers in
OUTLOOK '11: Positive year predicted for Europe solvents
European glycol ethers and propylene glycol ethers players are optimistic of a good year in 2011 though most doubted they would see the same growth experienced this year.
OUTLOOK '11: New guidelines bring uncertainty for Europe biofuels
The year ahead is set to be a confusing and chaotic one for European biofuels markets as a result of the European Commission's new renewable energy directive (RED).
OUTLOOK '11: Europe butadiene to hinge on cracker economics
The European butadiene (BD) supply-and-demand balance will depend on cracker economics but the underlying tendency is likely to be tight, driven by growth in domestic consumption and expectations that export demand will remain strong.
OUTLOOK '11: Poland privatisations may finally be successful
In a little over three years
OUTLOOK '11: More volatility ahead for Europe chlor-alkali players
Another year of extreme volatility looks likely for European chlor-alkali players as economic growth slowly regains ground and manufacturers struggle to tailor operating rates to fluctuating demand.
OUTLOOK '11: Europe SBR to see higher volumes on tyre demand
Europe’s styrene butadiene rubber (SBR) market is forecast to have demand growth in 2011 of 3-6%, stimulated by increased tyre demand and lower supplies of natural rubber.
OUTLOOK '11: Chemicals M&A activity to continue
This year has been a good one for mergers and acquisitions (M&A) in the chemicals industry and activity is expected to remain strong in 2011 as companies have built up healthy balance sheets and are in the market to buy.
OUTLOOK ’11: Europe phenol to remain tight, demand strong
European phenol availability will remain tight on strong domestic and export demand for the petrochemical and its derivatives, market sources said.
OUTLOOK '11: Europe MA players expect demand to rise 5-10%
European maleic anhydride (MA) players are expecting demand to increase by 5-10% in 2011, driven by economic recovery.
OUTLOOK '11: European chemical companies see strong 2010 outturn
Although margins are likely to have been squeezed towards the year end, European chemical companies are expected to finish 2010 on a high.
OUTLOOK '11: Europe PET to stay firm on feedstocks, tight supply
European polyethylene terephthalate (PET) will remain tight and prices will stay firm through much of 2011 because of bullish feedstocks and limited availability, according to industry sources.
OUTLOOK '11: Longer-term forecast unclear for Europe base oils
A tight market for Group I base oils in
OUTLOOK '11: China drives methanol uncertainty
Predictions from participants of how the global methanol market will develop in 2011 are varied, with availability expected to be both tight and well-supplied in equal measure and assessments on pricing ranging from volatile to stable.
OUTLOOK '11: Regulation to dictate Europe petchem competitiveness
The chemicals, plastics and rubber industries already operate in a challenging regulatory environment and 2011 will be no different, with policy expected to dictate the European market's success and competitiveness against the rest of the world.
OUTLOOK '11: Chemical players upbeat about prospects in 2011
The chemical industry can expect growth and increased merger and acquisition (M&A) activity in 2011 but must also be prepared for potential instability, according to leading producers, distributors and consultants.
OUTLOOK '11: Uncertain but strong 2011 for Europe plasticisers
After a boom year in 2010, plasticiser industry sources are divided on the outlook for 2011, but most agree that demand will remain at high levels for the next 12 months.
OUTLOOK ’11: Europe looks to uncertain 2011 chemicals growth
Europe’s petrochemical producers ended 2010 on something of a high note but with the understanding that the early part of this year at least could be difficult.
OUTLOOK '11: Russia market to be transformed by extra capacity
Recently completed projects and extra production capacity will lead to significant changes in
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections