The stigma around the issue of plastics waste in the environment often overshadows the progress the industry has made in becoming one of the more sustainable producers of critical products.
Find out how the coronavirus pandemic impacts the demand and price of chemicals used in production of sanitising products.
Millions of polyethylene terephthalate (PET) bottle sales are lost, as festivals, sporting events, exhibitions and other mass gatherings across Europe are cancelled, flights are grounded and tourism is displaced; the Staycation becoming the preferred choice over international holidays.
Global chemical markets remain under downward pressure because of the decline in crude oil, the leading indicator of petrochemical prices.
China’s unquenchable thirst for oil is exhibiting tangible signs of slowing down as the coronavirus bites. Discover what the impact of slashed operating rates is having on refiners in this infographic, discussing: Crude demand decline in Q1 and Independent refineries slashing run rates to a six-year low.
China is the world’s biggest net importer of polyethylene (PE), polypropylene (PP), paraxylene (PX), and monoethylene glycol (MEG). Restrictions linked to the coronavirus outbreak have caused China’s chemical industry to suffer a 15-25% slump in demand during February. What will the impact be on these and other chemical markets? Discover more in our market insight and podcast with ICIS Deputy Editor Will Beacham.
China is the world’s biggest net importer of polyethylene (PE), polypropylene (PP), paraxylene (PX), and monoethylene glycol (MEG). Restrictions linked to the coronavirus outbreak have caused China’s chemical industry to suffer a 15-25% slump in demand during February. What will the impact be on these and other chemical markets?
Asian spot LNG prices are at record lows with gas demand in China still curbed by the impact of Covid-19. Global LNG Editor Ed Cox discusses changes to the ICIS China demand forecast and market updates with Senior Analyst Alex Siow and Asia LNG expert Hendrian Sukardi.
ICIS has assessed the coronavirus outbreak and its immediate impact on China’s gas demand to determine future liquefied natural gas (LNG) imports. Receive your free copy of our infographic for a better understanding of how the coronavirus will affect China’s LNG markets in 2020.
The oil price crash and coronavirus will trigger a global recession as oversupply and poor demand disrupt chemical markets. Listen to this podcast interview by Will Beacham.
As coronavirus goes global, chemical markets can expect a demand shock similar to the 2008 financial crisis, with the prospects of a recession in the first half of 2020 becoming increasingly likely.