Last week saw the release of an EU Plastics Strategy which aims to make packaging plastics 100% recyclable in the EU by 2030. China is also moving in the same direction, as I discuss below – and this doesn’t just apply to its well-publicised ban on imported scrap plastic. Domestically-produced plastic waste is also being […]
Asian Chemical Connections
Global Polypropylene In 2018-2025: What To Plan For
By John Richardson THIS could be an excellent investment opportunity. Our ICIS Supply and Demand Database base case for Asian and global polypropylene (PP) operating rates sees the steady and steep climb that began in 2014 carrying on until a peak in 2020. In that year, global operating rates will reach 94% and Asian capacity […]
China, China And China: The Three Drivers Of Global Styrene
By John Richardson THE DATA on global polyethylene (PE) and polypropylene (PP) undermine the notion of booming emerging markets demand. In reality, it is only Chinese demand that has boomed and not the emerging markets as a whole. And when you look at all the commodity chemicals and polymers value chains, the headline data tells you […]
China Drives 58% Of Global PP Growth, So What’s Your Plan B?
By John Richardson THIS IS a great example of putting most of your eggs in one basket! Polypropylene (PP) shareholders are entitled to ask what Plan B is if China can no longer deliver as much as 58% of the total growth in global PP demand. This is what ICIS Consulting forecasts will be the […]
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