Europe top stories: weekly summary

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 25 August.

INSIGHT: Long road ahead with growth potentially subdued through the ‘20s
The unease and market volatility of the COVID-19 pandemic may set the tone for most of the decade, with possible structural shifts to the global economy potentially keeping GDP growth subdued through most of the rest of the decade.

INSIGHT: Reshaping the polypropylene landscape
It is not a secret that the PP industry is undergoing significant changes in its supply and demand dynamics. The last three years have been completely disruptive, affecting the projected global demand amid several well-known black swan events.

European BG prices see first uptick in nearly 18 months, glycol ethers sentiment mixed
European glycol ethers market participants are looking towards anticipated feedstock price changes at the end of the month with sellers preparing to defend margins heading into September, after butyl glycol (BG) prices rose for the first time in more than a year.

Europe ACN players downgrade H2 demand outlook
A general lack of downstream demand continues to plague the European (ACN) market, with financial challenges mounting amid growing economic uncertainty.

Europe PP rolls over in August, weak demand trumps wider upwards pressure
Polypropylene (PP) contract prices in Europe have rolled over in August, echoing the upstream price stability of propylene.