In the SuperCycle, polyethylene (PE) demand growth was closely linked to economic growth. Our research for the 2008 Feedstocks for Profit study showed, for example, a 1: 1 ratio between global growth in GDP and PE demand between 2002-7. But...
Almost unnoticed, an important shift is underway in propylene markets. Propylene (C3) is the second largest olefin after ethylene, with production around 75 million tonnes in recent years. Its main sources are steam crackers and refineries - neither of which...
Coal was the original source of most chemicals. It was then replaced in the 1960's by oil-based feedstocks. Their lower cost of manufacturing led to the boom in applications and volumes seen over the past 50 years. More recently, biomass'...
Coal-to-chemicals just took a further step towards becoming a major source of chemical production once again. Yesterday, major coal producer Shenhua Energy listed on the Shanghai stock exchange, and saw its shares jump 93% to value it at $173bn. Shenhua...
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