As China’s outlook darkens, the competitive landscape is fast evolving for global plastics. Industry players must review their strategy and seek new sources of growth.
This outlook piece will answer these questions and more, offering insights into market developments and the global outlook for 2015.
Get a retrospective outlook for key energy markets including Oil; Carbon, Coal, and Power.
The ICIS Power Index (IPI) gives homes and businesses an insight into price trends on the UK wholesale electricity market.
The IPI is published daily by ICIS, an independent authority on UK electricity market pricing, and is available at no charge.
The European Power Trading Report (EPTR) covers quarterly updates on key market insights for 14 different European countries.
Gain access to the widest range of established markets, but also developing European Power markets ,such as Romania, Bulgaria, Greece and Turkey.
The ICIS Top 100 Chemical Companies list provides you with a further dissection and analysis of the Top 100 Chemical Companies.
It includes the Top 10 chemical companies in each region with detailed analysis and comprehensive commentary. This feature is published annually in ICIS Chemical Business.
The Chinese government has been offering firm support to aid the development of the LNG sector, bringing about an increase in investment opportunities throughout the country.
Download this free whitepaper to gain a better understanding of China’s LNG supply and demand, import capacity and construction of new terminals.
In this white paper we put forward our proposal for an optimised MSR that would enables the EU ETS to promote reductions in greenhouse gas emissions in the most cost-effective and economically efficient manner.
We believe our proposed approach is able to handle a broad array of emission regimes (including high emissions scenarios) whilst preserving the integrity of the EU ETS carbon price signal.
The ICIS Top 100 Chemical Companies 2015 listing highlights the top players in the global chemical industry.
Most chemical companies found it difficult to generate top line and profit growth in 2015 following a strong performance in 2014.
Mosaic’s long-term outlook for the fertilizer industry remains positive, despite declining fundamentals for crop nutrients, CEO James Prokopanko said.
Easy access to a host of downloadable ICIS Chemical resources; including:
Easy access to a host of downloadable ICIS Energy resources; including:
Easy access to a host of downloadable ICIS Fertilizer resources; including:
As competing market forces send mixed signals about the global olefins situation and outlook, uncertainty and volatility present challenges to industry players. How will the Olefins market fare?
With global aromatics growth expected to outstrip GDP and pressure on pygas supply increases, industry players will need new solutions to the challenges they face. ICIS’ Global Aromatics Feedstocks Outlook provides insights to these and more:
Scenario Planning for 2016 and Beyond Special publication features whitepapers produced by the ICIS Consulting team covering:
China’s rubber demand accounts for one-third of global consumption, making it the largest styrene butadiene rubber (SBR) and polybutadiene rubber (PBR) import market. For a global market player evaluating opportunities or looking to enter the Chinese market, what type of information should you gain access to?
To ensure you have the information you need, ICIS has updated its annual studies on the rubber market to provide you with valuable data and intelligence on:
This infographic shows the current state of conversions and closures of mercury cell chloralkali plants in Europe, in view of the phasing out deadline in December 2017.
China’s domestic styrene monomer (SM) capacity has increased from 7.54m tonnes in 2015 to 7.94m tonnes in 2016. This makes China the largest producer of SM globally. With China becoming more self-reliant, given the domestic styrene production, how will international market players cope with this changing dynamics?
Egypt is set to re-emerge as a key supplier of polystyrene (PS) to markets in Europe and Africa with the restart of domestic production. The country has had to rely on costly imports of styrene feedstock since late 2014, rendering local PS production uneconomic. However, a new styrene supply deal and the promise of new styrene capacity will allow Egypt to raise its domestic PS output in the years ahead.
Africa offers huge potential growth for plastics and the region has been attracting increasing interest from producers and traders in recent years. This outlook takes a look at Africa’s complex and challenging market made up of many economic and political differences, and how polymer consumption has fluctuated as a result.
The China Base Oils/Lubes Annual Report analyses the base oils and lubricants market by combining local insight with a global perspective to support international market participants’ strategic planning work and sheds light on key growth sub-sectors where international suppliers have a competitive edge.
Following the March 2011 Japanese Fukushima nuclear disaster, Germany committed to phasing out nuclear power from its own electricity generation mix by the end of 2022. This graphic timeline shows the various legal steps Germany has been taking along the road to a reformed electricity sector.
European ethanolamine players have been closely monitoring the political debate surrounding downstream glyphosate usage in the EU, which has intensified over recent months, amid concerns about possible health related risks and as approval was due to expire at the end of June.
While there has been a temporary extension to approval, the future for glyphosate is still uncertain and ethanolamine players are exploring the possible scenarios and counter-measures to be employed, were glyphosate to be banned in the EU or farther afield, post 2017.
The British wholesale gas market will remain a key trading venue in Europe, despite the vote by the UK public to leave the EU, analysts have told ICIS. Plus, a relaxation of financial regulation could offer an opportunity for Britain’s NBP hub to emerge as a key speculative trading venue.
Feedstock developments are dominating ethylene prices in Europe, adding to volatility in the region against the backdrop of strikes in France and political uncertainty in the UK. In our latest whitepaper, ICIS Senior Editor Nel Weddle takes a look at the market sentiment and factors driving these prices in Europe, putting market developments in context and giving you first-mover advantage.
There are always two sides to a story. While Asia solvents have reached their peak in production, IPA and MIBK margins have drastically fallen, resulting in several plant shutdowns. How will this play out for industry players?
ICIS recently hosted a webinar on 12 July 2016, covering an in-depth review covering prices, supply and demand fundamentals and a near-term outlook of where Asia solvents are headed, particularly for the IPA, MEK, MBIK and acetone markets. The presentation slides and recording are now available for download.
The ICIS China PP and PE annual studies reflect China’s evolving market situation and outlook, with data and commentary direct from the region, as well as supply and demand forecasts up to 2020.
Providing in-depth insights into the key sectors, importers’ developments and factors driving the market, these studies offer unrivalled analysis of these complex markets for international market players buying, selling or trading in China.
Natural gas supply from mainland Europe and LNG cargoes from north America are expected to fill any shortfall in supply for the 2016/17 winter that develops due to a 42-day shutdown at Britain’s largest storage site Rough.
China’s methanol-to-olefin (MTO) capacity totaled to 8.365m tonnes at the end of Q1 2016, with the capacity of methanol-to-propylene accounting for 5.54m tonnes and that of methanol-to-ethylene accounting for 2.825m tonnes. Operating rates of coal to olefins plants had been stable. In January – May 2016, the average operating rate of coal to olefins plants was at 85%, while there were maintenances and shutdowns.
2016 has been a defining year for the Balkan power markets which are finally on track to develop their trading potential and lay the foundations for future integration with the rest of Europe. While Hungary remains the star of the show with the most liquid and developed market in the SEE region, countries such as Bulgaria, Serbia and Croatia seem determined to make up for the lack of market progress over the past few years.
As the result of the UK referendum settles across Europe, polyethylene (PE) and polypropylene (PP) buyers are waiting with bated breath to see how plunging exchange rates will impact prices in July.
ICIS hosted a webinar on 28 June, covering the latest developments and hot issues surrounding opportunities and challenges in China and other neighbouring Asian countries.
Access the webinar presentation to gain insight on the current market situation and likely direction for Asian polyolefins over the next 12 months.
Natural gas market participants across Europe are questioning a congestion management tool that forces shippers to surrender booked but unused cross-border capacity.
This ICIS whitepaper looks at the impact that Britain’s exit (Brexit) from the EU could have on the petrochemicals market, including pricing, trade regulations, production levels and demand.
It also looks at the effect that the referendum has already had on the industry and the wider economy, such as interest and exchange rates and includes input from a selection of petrochemicals market participants, as well as insight from analysts, industry groups and trading bodies.
“As production capacities remain huge in Asia for acrylic acid and acrylate esters, there will be more spot liquidity for cargoes into net-importing countries such as India, as various Asian producers try to sell cargoes into these countries,” says Paul Lim, author of the Asia acrylic acid and acrylate ester report.
To complement its coverage of the India markets, ICIS has enhanced its Asian acrylic acid and pricing report by adding a butyl-acrylate CIF India (bulk) assessment.
ICIS has produced a special report highlighting the local buying sentiment in Asian PVC markets. At the height of the monsoon season, buyers are eager to find out how prices will be affected, especially in the India market. Watch this video to find out where prices are heading and what plans are in place for the coming months.
The referendum that will decide whether the UK will remain in the European Union will take place on 23 June, with the issue monopolising the political and economic agenda globally.
As the discussion over the referendum’s outcome becomes more heated, ICIS is trying to identify any possible impact the “Brexit” debate has had so far on the petrochemical industry.
View the latest ICIS infographic to gain an insight into what market participants are thinking and what consequences a “leave” vote would have on the industry.
Global phenol and acetone markets are suffering from overcapacity as new projects come on stream and demand growth remains tepid. As a result, phenol and acetone prices are becoming more competitive and global trade flows are changing.
Flow-based market coupling was introduced to power markets in central western Europe on 21 May 2015. This infographic looks at whether the scheme has met its aim of maximising the use of cross-border capacity on a day-ahead basis, enabling greater price convergence.
During the Asia Petrochemical Industry Conference (APIC) 2016, ICIS presented a paper examining the past, present and future of the petrochemical industry over a period of nearly 50 years. We have made this presentation available for you to download.
ICIS recently produced an article featuring the sudden surge in the domestic Chinese LPG markets.
For the 1st quarter of 2016, strong demand growth in Chinese polyethylene (PE) has been observed. Do we expect this to continue up to 2017? How about polypropylene (PP) - is it the same market situation or are we seeing the total opposite?
Watch this short video by John Richardson, Senior Consultant at ICIS, for a review of the first quarter and deeper insights into where both PP and PE markets in Asia are headed.
Is it a good time to enter the China gas market? China, one of Asia's largest energy consumer, continues to experience slower growth in natural gas. While it is not expected to return to double digits, market players can still look forward to an uptrend. This infographic provides a snapshot of overall demand growth, growing sectors and infrastructure developments.