Tag Archives | ICIS

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Improved outlook for construction chemicals in CEE and CIS

A new report by data group Frost & Sullivan suggests construction chemicals suppliers should encounter buoyant markets in central and eastern Europe (CEE) and in the Commonwealth of Independent States (CIS) for several years ahead. COnstruction took a massive hit in CEE during the downturn with many projects grinding to a halt or never breaking […]

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New ICIS global ethylene projects map free to download

ICIS has just published an update to its global map of major ethylene projects. The map shows the continued dominance of the Middle East and China in the next wave of new cracker expansions. The two countries will add 17.7m tonnes/year out of a total global increase of 30.5m tonnes/year. Combined they represent 58% of […]

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China to Russia crude pipeline starts operating

To ease the chronic shortage of crude oil in China, trial operations began on 1 November at the recently completed 1,030km-long Sino-Russian crude pipeline, Chinese state-run media Xinhua News Agency said on Tuesday. Crude was injected into the pipeline from the Russian section on Monday afternoon and is scheduled to arrive in China today. China […]

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EPCA Budapest cocktail party is a hit

Delegates at this year’s European Petrochemical Association (EPCA) annual meeting in Budapest enjoyed a cocktail party at the city’s beautiful National Gallery last night. The historical building – which is a former royal palace – sits high up above the River Danube overlooking the city. Below are some scenes I shot at the event. Events […]

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ICIS Top 100 chemical companies list out next week

Next Monday 13 September ICIS publishes its annual Top 100 chemical companies listing. 2009 was an incredibly tough year for the industry and the results reflect that. Will there be any new entrants? Will any of the global superstars – BASF, ExxonMobil, Dow Chemical, LyondellBasell Industries, Shell, INEOS, SABIC, Sinopec, DuPont and Mitsubushi Chmical – […]

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ICIS Top 10 CEE/Russia chemical company list: help!

I am compiling the 2010 ICIS Top 10 central and eastern Europe/Russia chemical companies list and I need your help! Please visit the spreadsheet I’ve set up and let me know if I am missing any companies. This list is based on the 2009 list.  These are the companies included so far: SIBUR, PKN ORLEN, […]

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ICIS pushes into Russia polymers with MRC joint venture

In addition to the weekly market analysis magazine ICIS Chemical Business, ICIS is a major provider of benchmark chemical pricing data. This fast-expanding division is now pushing into Russian polymers through a joint venture (jv) with specialist benchmark price provider MRC. A quick search shows just how relevant MRC will be for ICIS. In addition to […]

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INEOS terminal could allow Middle East ethylene into Europe

I’ve been writing a lot recently about the feedstock disadvantage naphtha-based European chemical producers have over Middle East and US ethane consumers. In the long term this could have a severe impact on chemical production here. So the news that INEOS is going to build a 1m tonne/year ethylene terminal at Zwijndrecht, Belgium, raises some […]

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Poland chemical privatization firm ZChP still waiting for bailout

Poland’s largest nitrogen phosphorus potassium (NPK) fertilizer producer, Zaklady Chemiczne Police, is still waiting for a zloty (Zl) 150m ($51.4m, €38.7m) state bail out to be approved by the European Commission.As you can see from the table I recently put together below (click to open), Police is due to be sold by the second half […]

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Sibur presentation reveals impact of Russian economic crisis

Russian chemical major Sibur has had to endure collapsing domestic demand in Russia, like all its peers. In an interesting presentation (see below), given by Viktor Viehweg, the company’s head of strategic development, he reveals the threats and opportunities posed by the crisis (see slide page 9). Sibur is threatened by falling demand for products, […]

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