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Chemicals and the Economy

Rising interest rates, volatile exchange rates, high oil prices and plastic waste challenge aromatics industry

Fears are rising about the risks of recession, as I discuss in a new one-page summary of the key issues facing the aromatics industry, ‘What does the future hold for Aromatics?‘.  Please click here to download it. These issues will also be key topics at next month’s 17th World Aromatics and Derivatives Conference, jointly organised with ICIS, […]

World Aromatics Conference focuses on key industry challenges

The 15th World Aromatics & Derivatives Conference take place in Vienna on 22 – 23 November.  The Early Bird discount finishes on Friday. Co-organised as always with ICIS, we will benefit from the insight of key executives from the global industry including: THE OUTLOOK FOR AROMATICS Shell’s Commercial Manager, Europe, on feedstock and product availability China’s […]

Outlook for the global aromatics industry – insights from senior executives at Amsterdam Conference

Aromatics markets often lead petrochemical markets, and provide good insight into economic trends.  This has certainly been true of PTA (terephthalic acid) and benzene over the past year. PTA demand into polyester and PET is dominated by Asia: benzene’s wide variety of uses means it is a good proxy for industrial production in Europe.  Recent developments have been […]

World Aromatics and Derivatives Conference next week

Our 13th annual World Aromatics & Derivatives Conference takes place in Berlin next week.  Jointly organised as always by International eChem and ICIS, it features a must-hear list of speakers: ExxonMobil:  Europe Business Director Tim Stedman will give a global market overview Dow Chemical: Global Business Director Pieter Platteeuw will discuss the future for benzene […]

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 […]

Global Aromatics conference in Berlin next week

Next week’s World Aromatics conference is a must-attend event for anyone involved with the industry. It features speakers from leading companies including Dow, Saudi Aramco and Shell, as well as from the International Energy Agency. In addition, there will be a special session on the impact of today’s record oil price levels. Plus the blog […]

Saudi Aramco, Dow, Shell, IEA to speak at Berlin conference

Next month’s World Aromatics conference is a must-attend event for anyone involved with the industry. It features an impressive line-up of major players, including Saudi Aramco, the world’s largest oil company, as well as Dow, Shell and the International Energy Agency. Jointly organised with ICIS, it takes place on 13 – 14 November: Saudi Aramco […]

Bayer, Shell and Styrolution to speak in Amsterdam

Our 10th European Aromatics and derivatives conference will take place on 22-23 November. Co-organised with ICIS, it provides an excellent opportunity for delegates to meet up and exchange views in the critical end-of-year period. It features the usual strong line-up of speakers: Patrick Thomas, CEO of Bayer Material Science, will talk about the outlook from […]

5th Asian Aromatics Conference in Singapore

The blog is delighted to be in Singapore next month, for its 5th Asian Aromatics & Derivatives Conference. It will be the ideal moment to review the challenges facing the industry, and develop plans for H2. As always, the Conference is being organised with ICIS, and features an excellent line-up of speakers: Shell’s Alexander Farina […]

Petchem volumes slide in all 3 major regions

Volume is a key driver for chemical company profits. High volume means operating rates increase, reducing unit costs. Companies also gain more pricing power. But when volume is low, the reverse happens. Thus the above chart from leading analyst Paul Satchell of Collins Stewart is telling an important story. It shows: • Volumes were very […]

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