Brexit and the impact on the petrochemical industry

The UK decided to leave the EU following the referendum that took place on 23 June. The impact of the “Brexit” decision was seen immediately with sterling falling to a 31-year low against the dollar.

ICIS has followed the lead up to the referendum and is now providing up-to-date coverage of the developing situation in the aftermath of the decision.

ICIS graphics and news output help readers assess the situation as it develops across multiple products.

 

Latest infographic

Brexit Infographic

The vote in favour of the UK leaving the European Union delivered a blow to business and to an industrial sector overwhelmingly supportive of the ‘Remain’ camp. The data from ICIS Consulting shows what proportion of the EU’s major petrochemical assets are in the UK.

They also illustrate the latest trade flows for the major olefins, aromatics, 12 major polymers and 21 intermediates.

Whitepaper: Opinions split over Brexit effect on the petrochemicals market

brexit whitepaper
Read the full whitepaper

Brexit infographic 

Brexit Infographic

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.

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Latest News on Brexit

Commentary: Brexit threatens trade

...Commentary: Brexit threatens trade. Will Beacham. As the UK government moves ever-closer to its self-imposed deadline of the end of March 2017 for triggering... Thu, 09 Mar 2017

Market outlook: Brexit –where next?

...Market outlook: Brexit –where next?. Elizabeth Shepherd. The UK government acknowledges that Reach, the EU Regulation on Registration, Evaluation, Authorisation... Thu, 09 Mar 2017

BLOG: London housing market hit by Brexit, China’s capital controls

...BLOG: London housing market hit by Brexit, China’s capital controls. Staff Reporter. LONDON (ICIS)-- Click here  to see the latest blog post on Chemicals... Mon, 06 Mar 2017

Market outlook: In M&A, now you see it, now you don’t

...number of countries such as China (South China Sea), Turkey (attempted coup), the Middle East, the UK (Brexit), Pakistan and North Korea have created an... Fri, 24 Feb 2017

BLOG: Global supply chains at risk as trade war threat rises

...LONDON (ICIS)-- Click here  to see the latest blog post on Chemicals & The Economy by Paul Hodges, which  suggests trade wars are beginning as Brexit,... Mon, 20 Feb 2017

BLOG - Europe heads into the Great Unknown

...Hodges in which he looks at how Europe is heading into the Great Unknown as UK prepares for Brexit; Dutch and French voters go to the polls. Editor’s... Tue, 07 Feb 2017

An era of economic acceleration amid political uncertainty?

...Trump’s proverbial “wall of worry” with recent record highs. And it’s not just a US phenomenon. Even in light of the impending Brexit, the UK equity... Thu, 02 Feb 2017

UK power companies throw weight behind 2025 carbon floor extension

...an energy system materially free of fossil fuels,” he said. ETS reform, Brexit uncertainty However, European-owned utilities Uniper and RWE were more... Thu, 02 Feb 2017

INSIGHT-- A new era of economic acceleration amid political uncertainty?

...wall of worry” with recent record highs on all three major indexes. And it’s not just a US phenomenon. Even in light of the impending Brexit, the UK... Tue, 31 Jan 2017

UK’s Q4 GDP up 0.6%, auto sector booms to 17-year high

...UK’s Q4 GDP up 0.6%, auto sector booms to 17-year high. Jonathan Lopez. The UK’s National Motor Museum in the south of England Source: Jevgenija Pigozne/... Thu, 26 Jan 2017