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.

Europe top stories: weekly summary

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 15 June. Europe etac prices rise sharply on feedstocks,... Mon, 18 Jun 2018

German investor outlook slumps to six-year low on weaker demand, trade tensions and Italy

LONDON (ICIS)--German investor confidence weakened in June as sluggish economic demand and fears over the new Italian government exacerbated global... Tue, 12 Jun 2018

Europe etac prices rise sharply on feedstocks, tightening supply

LONDON (ICIS)--European ethyl acetate (etac) spot prices have risen sharply on the back of higher feedstock costs and tighter supply, according to an... Mon, 11 Jun 2018

Fewer chemicals registered than expected in EU as Reach passes final milestone

LONDON (ICIS)--The final deadline for the EU’s Reach chemicals registration has passed with the total number of dossier submissions for different... Fri, 01 Jun 2018

Global macroeconomic winds swirl, challenging the rosy scenario

The global chemical sector is facing a whirlwind of macro forces. Between Italy’s new political crisis, Turkey’s plunging currency, US interest rate... Thu, 31 May 2018

Premium ICIS news insight and analysis

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Mediterranean caustic soda export prices pressured by ample supply, imports

LONDON (ICIS)--Caustic soda free on board (FOB)  prices in the Mediterranean continue to slide for any new business this week, amid ample supply and... Fri, 20 Jul 2018

Europe HCl tightness persists in Germany and Spain

LONDON (ICIS)--European hydrochloric acid (HCl) supply remains tight in Germany and Spain, with high demand and logistic constraints adding to the... Thu, 19 Jul 2018

Dwindling Europe SBR demand weighs on dry grade spot prices

LONDON (ICIS)--European styrene butadiene rubber (SBR) spot prices are likely to come under further downward pressure in the coming weeks due to... Thu, 19 Jul 2018

Asahi Kasei to acquire US’ Sage Automotive Interiors for $700m

SINGAPORE (ICIS)--Asahi Kasei will acquire US-based Sage Automotive Interiors for $700m, the Japanese chemical producer said on Thursday. The... Thu, 19 Jul 2018

LANXESS to open applications development and technical services laboratory for PUDs

Source: Company press release, 16 Jul 2018 , 16 Jul 2018 , Website: LANXESS will open a new applications... Mon, 16 Jul 2018

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