Tag Archives | styrene

Shell, Bayer, Tullow to speak at World Aromatics conference

Next month’s World Aromatics and Derivatives Conference in Brussels has a range of top-name speakers discussing key issues for the markets. Co-organised as always with ICIS, it features: Shell:  Global strategy manager Herbert Le Lorrain will present Shell’s new scenarios for the future, ‘Mountains and Oceans’ Bayer MaterialScience: New procurement head Christian Buhse will provide his first impressions […]

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Petchem markets become more complex

Our annual Asian conference in Singapore (co-organised as always with ICIS) was very interesting this week. We had some fascinating presentations from major companies including Reliance and Thai Oil, and China insights from CICCC and Chemease. Shell’s GM for strategy, Alexander Farina, discussed changes in cost competitiveness between benzene (grey column) and propylene (red) over […]

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Japan’s petchem exports focus on PX and styrene

The blog is still shocked by the terrible events in Japan. It would like to express its deepest sympathy to all those who have suffered loss. For those of us far away from the disaster, life has to go on. It will be some time before its full impact becomes clear. But in a crisis […]

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BASF, INEOS establish €5bn Styrolution JV

The styrene business has been increasingly difficult in recent years: • CD and video sales went online, removing the need for polystyrene (PS) packaging • Prices for the main feedstock, benzene, leapt in the mid-2000′s, due to US gasoline market changes, forcing convertors to look at alternatives such as polypropylene • Recycling became an essential […]

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Weak gasoline creates benzene opportunity

Benzene markets have become increasingly volatile over the past few years. This is because there are now no major sources available of on-purpose supply, to balance demand. My speech at our Aromatics Conference in Berlin last week highlighted the changes that had taken place. Over the past 2 years, benzene spreads versus naphtha had fluctuated […]

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Aromatics face challenges ahead

Attendees had a fascinating two days at our annual European Aromatics & Derivatives Conference in Berlin this week. As always, it was co-organised with ICIS, and featured a strong list of speakers: Sven Royall, VP at Shell Chemicals, put forward an optimistic outlook for benzene derivatives. He argued that substitution of PS by PP had […]

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