ICIS News stories on the likely impact of Saudi Arabia's change of leadership on global petrochemical markets

 

Covestro’s competitor plant start-ups to put pressure on pricing - CEO

...into the market. Similarly, in 2016 Covestro benefited from the delayed start up at Saudi Sadara’s isocyanates and polyols units, expected now in the... Mon, 20 Feb 2017

Asia, Mideast TDI uptrend at risk as tight supply may ease

...which has a 40,000 tonne/year plant, as currently the region’s sole producer. In Saudi Arabia, a 200,000 tonne/year TDI unit of Sadara Chemical is expected... Mon, 20 Feb 2017

Norway’s Yara shares down on results, stock pain to persist - analyst

...new capacities in the ammonia global market will continue to depress prices for the product, as new plants have come on stream in Russia, Saudi Arabia and... Thu, 09 Feb 2017

China PE import offers spike on post-holiday restocking

...cut operations at its PE plants in Mesaieed in January due to a cracker problem, while in Saudi Arabia, PetroRabigh was heard to have shut down its 600,... Thu, 09 Feb 2017

OPEC output cut to weigh on Mideast, N Africa growth

...to analysts. Eight of the 13 OPEC nations are in the MENA region – Algeria, Iran, Iraq, Kuwait, Libya, Qatar, Saudi Arabia and the UAE. OPEC has committed... Wed, 08 Feb 2017

Europe top stories - weekly summary

...views on how to run it - CEO Shell’s early exit from 50:50 petrochemical joint venture SADAF with Saudi Arabia’s SABIC occurred after the two companies... Mon, 06 Feb 2017

Shell’s early exit from SADAF due to differing views on how to run it - CEO

...the Saudi government was keen to expand its national oil major Saudi Aramco’s influence in downstream sectors. Shell and SABIC announced on 22 January... Thu, 02 Feb 2017

Dow sees ethylene/PE cycle plateau - not trough

...market as balanced and poised for steady growth. In the meantime, Dow’s Sadara joint venture in Saudi Arabia with Saudi Aramco, with all 26 units of... Tue, 31 Jan 2017

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