Italian Referendum: Impacts on
the chemical industry

 

Italian referendum vote result
Italian voters have rejected Prime Minister Matteo Renzi’s proposals by 59.1% in the referendum which took place on Sunday 4 December 2016.  Having linked his political future to the result, Renzi has now confirmed he will hand in his resignation, following the steps of his peer in the UK after the Brexit referendum.

Period of uncertainty?
While Renzi’s government has been the most stable in decades, his resignation may bring political instability back to Italy at a time when the economy is starting to pick up. The long shadow of the country’s undercapitalised banks could cause a financial crisis, embroiling the third largest eurozone member and potentially spilling over to the wider 19-country currency union.

How can I find out more?
Make sure you keep on top of the latest post-referendum developments, as they happen, with ICIS news. Our global team provide round the clock breaking news, expert insight and analysis as the chemical markets react to the referendum result and uncertaintity around Renzi's future.

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Market insight: Italian chemical industry post referendum

In this latest market insight, ICIS consultant Paolo Scafetta explores the Italian petrochemical industry post referendum.

Read the latest insight

Free ICIS news articles

ICIS has unlocked the following news stories to keep you up-to-date with the news surrounding the Italian referendum result and the potential impacts on the petrochemical markets.

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Plant status: Versalis lift FM on phenol at Mantova, Italy

LONDON (ICIS)--Here is a plant status report: Name:  Versalis Location: Mantova, Italy Product: Phenol Capacity: 300,000 tonnes/year Event start... Fri, 17 Nov 2017

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LONDON (ICIS)--The UK and Canada have formed an alliance of countries pledging to phase out the use of coal, as the COP23 climate change summit draws... Fri, 17 Nov 2017

Market Outlook: Global polyolefins outlook driven by supply/demand dynamics and China policies

Getty Images ICIS forecasts growth in polyolefins consumption in Europe in 2017 and 2018, making continuity of supply a key issue for... Thu, 16 Nov 2017

EU passenger car registrations up 5.9% in October, up 3.9% year to date

LONDON (ICIS)--Passenger car registrations in the EU rose by 5.9% year on year in October, while registrations in the first 10 months of the year... Thu, 16 Nov 2017

US September MX imports fall year on year

HOUSTON (ICIS)--US September mixed xylenes (MX) imports fell by 33% year on year, according to data made available by the US International Trade... Fri, 10 Nov 2017

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