As China’s outlook darkens, the competitive landscape is fast evolving for global plastics. Industry players must review their strategy and seek new sources of growth.
This outlook piece will answer these questions and more, offering insights into market developments and the global outlook for 2015.
Get a retrospective outlook for key energy markets including Oil; Carbon, Coal, and Power.
The ICIS Top 100 Chemical Companies list provides you with a further dissection and analysis of the Top 100 Chemical Companies.
It includes the Top 10 chemical companies in each region with detailed analysis and comprehensive commentary. This feature is published annually in ICIS Chemical Business.
The ICIS Power Index (IPI) gives homes and businesses an insight into price trends on the UK wholesale electricity market.
The IPI is published daily by ICIS, an independent authority on UK electricity market pricing, and is available at no charge.
The European Power Trading Report (EPTR) covers quarterly updates on key market insights for 14 different European countries.
Gain access to the widest range of established markets, but also developing European Power markets ,such as Romania, Bulgaria, Greece and Turkey.
In this white paper we put forward our proposal for an optimised MSR that would enables the EU ETS to promote reductions in greenhouse gas emissions in the most cost-effective and economically efficient manner.
We believe our proposed approach is able to handle a broad array of emission regimes (including high emissions scenarios) whilst preserving the integrity of the EU ETS carbon price signal.
The Chinese government has been offering firm support to aid the development of the LNG sector, bringing about an increase in investment opportunities throughout the country.
Download this free whitepaper to gain a better understanding of China’s LNG supply and demand, import capacity and construction of new terminals.
Mosaic’s long-term outlook for the fertilizer industry remains positive, despite declining fundamentals for crop nutrients, CEO James Prokopanko said.
The ICIS Top 100 Chemical Companies 2015 listing highlights the top players in the global chemical industry.
Most chemical companies found it difficult to generate top line and profit growth in 2015 following a strong performance in 2014.
Easy access to a host of downloadable ICIS Chemical resources; including:
Easy access to a host of downloadable ICIS Energy resources; including:
Easy access to a host of downloadable ICIS Fertilizer resources; including:
In this webinar, our senior analysts Marcus Ferdinand and Stefan Feuchtinger will explain how the agreed revision will change the fundamental structure of the carbon market and explain why carbon prices will gain importance for the wider energy complex.
ICIS is pleased to present the top 100 chemical companies of 2017. Based on 2016 sales, the list highlights the largest and most influential companies on earth.
ICIS takes a closer look at how key sectors within the US energy industry were shaped by the Obama administration and what the potential market impact could be under the helm of President Donald Trump.
European polyethylene (PE) and polypropylene (PP) players are set to close 2017 in calmer waters, after nervous sentiment caused by cracker shutdowns at the beginning of the year.
But will this sentiment be short-lived?
Linda Naylor reports on the strength of the economy for PP and PE markets.
Significant changes can be expected in the global polyolefins market in 2018.
In North America, all eyes are on the long-term impact of Hurricane Harvey on supplies, while in Asia, the success or otherwise of China’s economic reforms will have a huge bearing on consumption. In Europe, supply and demand are driving the market, which is expected to remain healthy into 2018.
Ontario’s planned linkage with the California-Quebec cap-and-trade program in January 2018 will have short and long-term impacts for the economy-wide carbon program. ICIS analysts will discuss how the Canadian province’s entrance can have tangible impacts on California-Quebec counterparties and how the existing program will impact Ontario entities joining for the first time.
ICIS analysis has found that an average daily temperature of below 9°C in the UK and France is the tipping point as to where wholesale power and gas prices have started to rise over the last three years.
This infographic shows how cooler temperatures impact energy demand in the UK and France, and the effect they have on pricing.
France's nuclear fleets have been scrutinised by regulators this year and last over safety issues. Initial schedules to bring the plants back online have not been kept to as shown in this latest infographic by ICIS.
Turkey and southeast European countries have been struggling to diversify their natural gas resources and supply routes. Over the years, numerous projects have been initiated – but many have fallen through either due to lack of commercial viability, complex regional politics or changing global conditions.
View the latest infographic by ICIS to see which projects are approaching their commissioning date
ICIS produced a free infographic providing a complete view of the key exporters and a comparative view of trade flows in the Asian MTBE markets from 2015-2017. Download this free resource now to get a glimpse of the likely direction for 2018.
In this ICIS infographic, ICIS takes a look at how much additional BD production is possible if all upcoming ethylene projects are built.
Identity and assess investment opportunities with the 2017-2018 version of the ICIS China Natural Gas Annual Report.
With the upcoming version of the ICIS China Natural Gas Annual Report, you are guaranteed the most accurate data and insights needed to identify and assess investment opportunities in China, by gaining access to a 2017 market overview, as well as a supply and demand forecast for 2018–2022.
In this market insight, the ICIS fertilizer team takes a look at the supply-demand scenario for the final three months of the year and the main developments that are expected to affect all products in the fourth quarter of 2017.
Keeping up with China’s fast-moving oil and refining sector, which has limited transparency, may remain challenging. Will the strong Chinese appetite for imported crude continue in the coming years and how will independent refineries adapt with the increasingly competitive Chinese refinery industry?
Gain a complete view of China’s oil and refining industry with the latest edition of our annual reports. Access unrivalled data and analysis for the world’s top crude oil importer, ensuring you have the information you need for your investment and commercial strategies.
While important lessons were learnt at the beginning of this year when unprecedented price spikes hit energy markets, some of the issues that allowed the price spikes to occur have cropped up again.
Will the European energy markets pull through this winter unscathed?
European energy traders face a mixed standpoint as described in the ICIS European Energy Market Winter Outlook 2017, download your copy to find out more.
European PE buyers have been able to achieve lower prices in November, despite higher upstream naphtha costs. As producers’ margins are compromised, can this trend continue?
Find out in the latest insight piece by ICIS senior editor Linda Naylor.
ICIS has launched a global methanol price forecast report with a rolling 6-month price forecast and market outlook, covering trade balances, analysis and a review of trading activity. The report includes ex-tank and ex-works China, CFR China, southeast Asia and US contract prices to help you understand where the methanol markets are headed, and to know the best time to trade.
The new integrated single electricity market (I-SEM) – which is due to go live in May 2018 – will allow trading over a greatly increased number of delivery periods, including a balancing market, day-ahead and a forward market.
In this market insight, ICIS sheds light on the full redesign of the all-island Irish power market, which is taking place to ensure it adheres to EU legislation.
The Rhine waterways are a vital transport link for the petrochemical industry, with many companies situated near its banks. Periods of low water have occurred with increasing frequency in recent years, causing disruption and expense.
Is the Rhine going to become increasingly problematic to use for business in the coming years? Find out with this in depth ICIS insight into the future of the Rhine water levels and expectations for climate developments.
The phosphates market has grown in the Asia-Pacific region in 2017, with new plants coming onstream and exports rising out of major regions.
In this infographic, ICIS takes a look at the major producers in the region, hot spots of demand and new projects that will affect the market in the next three years.
The Czech Republic, Hungary, Slovakia and Romania make up the 4M market coupling project. These nations have experienced an increase in traded volume over the last few months compared to last year. In Romania, however, a surge in January liquidity was followed by a sharp drop in traded volume.
This infographic shows the year-on-year changes in OTC traded volume across the 4M markets and the reasons for these movements.
The 51st European Petrochemical Association (EPCA) in Berlin was bursting with optimism and excitement. Petrochemical producers in Europe are facing continuing pressures within the modern economy to keep up with demand however given the economic backdrop, competitiveness has increased.
Our insight editor Nigel Davis reports on the event in this summary.
There has been much concern over polyurethane supply within the Asian markets as Sadara announced their plant capacity expansions. How will this affect global trade flows for the polyurethane chain?
ICIS presented a paper on impact of these recent developments and changes in commodities within the polyurethane chain, with a short-term outlook for Q4 2017.
The Asian polyolefins sector is expected to experience lengthened supply due to additional global capacities for both polyethylene (PE) and polypropylene (PP) markets. Furthermore, the industry has also seen changes in government policies, which might change trading dynamics due to capacity expansions in the near future.
Download the ICIS presentation that analyses the impact of increasing polyolefins capacities in China, southeast Asia and Turkey, along with a short-term outlook for Q4 2017.
The global aromatics market has been through a turbulent 2017, with supply disruptions, inventory fluctuations and unusual trade patterns. This article gives an outlook for 2018, and details why the authors expect calmer waters ahead.
In October, Mexico’s gas market will begin its second full quarter of operation since the launch of market liberalization under the new capacity reservation contract model on 1 July. James Fowler, editor of the ICIS Mexico Energy Report, will recap learnings from the first three months of market operation in this webinar, and look into the emerging pricing environment in the country, focusing in particular on the factors which could lead to regional price indices developing as demand increases.
China has overtaken the US as the world’s top crude importer. At the same time, as more independent refiners are starting up in China, there is now a supply glut in distillates, resulting in China now exporting.
Access a presentation covering insights on the impact of China’s rising oil demand and surplus on international market players.
It has been a rollercoaster year for prices of polymeric methyl di-p-phenylene isocyanate (MDI) and more can be expected before the year ends.
This Chemical Profile for Middle East MDI provides some details on the technology and uses of MDI, and also touches on price trends and some of the factors behind recent price moves.
The ICIS Carbon Markets Almanac provides a top-level view of global efforts to combat climate change with cap-and-trade systems. For each of the different schemes worldwide, it highlights key design characteristics and includes spotlight articles discussing specific system features.
Our overarching breakout articles for 2017 include an analysis of the post-2020 carbon world and how we will get there, a discussion of President Trump’s impact on carbon trading, as well as a study on the Brexit and its effect on EU carbon and power markets.
This Market Insight will examine some of the key factors for benzene demand in the US. The outlook for exports of styrene, a key benzene derivative, will be examined along with shifting patterns of international trade. The paper will also examine areas where derivative capacity may grow, while also touching on the economics of on-purpose benzene production.
The Regional Greenhouse Gas Initiative (RGGI) released a draft of potential program changes stemming from the 2016 review process at the end of August 2017. This webinar will dive into what the supply-side dynamics might look like in the future before discussing how these changes could impact market participant behavior. Finally, we will explain how post-2020 structure could influence the price of allowances.
Pricing volatility looks set to continue as new ethane-based cracker and derivatives capacity comes on line in the US from the second half of 2017. This can be challenging for Europe’s olefins as they become more susceptible to global market developments.
This ICIS infographic reviews key developments in the European olefins landscape during the first half of 2017, as well as production and trade data for ethylene, and polymer grade propylene (PGP) spot price evolution.
The first half of 2017 was characterised by three digit swings in the monthly contract reference price with a record adjustment in February when it was agreed up by 49%. Asian demand had strengthened partly on the back of demand from the Chinese auto industry in particular because of expiring tax incentives.
This and the realisation that the concentration of planned cracker and BD unit turnarounds in Europe would likely heavily constrain Europe's supply, sent prices soaring.
New methyl methacrylate (MMA) capacity in the Middle East is approaching, and with it comes the potential turning point in the global MMA market, after a prolonged supply shortage.
This ICIS infographic examines the new capacity in the Middle East, the impact on trade flows, and what further challenges the market may face in 2017.
The world’s methanol market is shifting, with the growth of methanol-to-olefins in Asia dramatically impacting global dynamics.
Pricing dynamics are increasingly influenced by Asia and especially China. The growing amount of Chinese methanol-to-olefins (MTO) plants consume large quantities of methanol, as long as the price is right.
The European propylene oxide (PO) market has experienced continued tightness this year, which has seen a spike in the price of downstream derivatives such as propylene glycol ethers and monopropylene glycol prices (MPG).
This ICIS infographic reviews the underlying causes of tightness in PO and explores the supply challenges that could lie ahead, despite new capacity coming onstream.
With new Sadara start-ups, unexpected plant disruptions and an influx of downstream flexible slabstock grade of polyols in Asia’s polyurethane markets, the trading dynamics in southeast Asia and South Korea have become more volatile.
Download the free White Paper explaining how these developments in Asia have impacted on the southeast Asian and South Korean markets.
ICIS will be hosting a webinar to address China’s role in the broader LNG market as well as examining the opaque link between China’s LNG imports and pricing in the domestic market. In addition, the session will provide an insight into how LNG and gas pipeline infrastructure is developing and which companies are becoming more important in this growing market.
Saudi Arabia’s Sadara Chemical Co announced its long-awaited entry into the polyether polyols supply chain recently in a relatively low-key affair. In this paper, ICIS studies the impact of the debutant in the Middle East polyols industry on prices since the official announcement, highlighting the limited impact seen so far in what is widely considered to be a well-supplied segment.
China has gained a strong foothold in the Asian aromatics markets, particularly for benzene and toluene, through increasing plant capacities. ICIS has produced an infographic detailing the plant capacities of the key producing companies in the country. Download the infographic now to get a clearer picture of China’s involvement in the Asian aromatics markets and anticipate the implications of this in H2 2017.
We are proud to present this special issue of ICIS Chemical Business containing a selection of new and updated ICIS white papers and infographics. These articles showcase some of best of ICIS editorial expertise from all geographic regions and cover many of the most important chemical value chains.
We describe and analyze short, medium and long-term market trends with the help of static and interactive maps, graphs and diagrams.
Polyethylene (PE) and polypropylene (PP) buyers in Europe are expecting to have more choice in product supply in the coming months, as new capacities come on stream in North America, India and China. There is still some upward pricing pressure in August, however, and much of the market is expecting sellers to attempt to push prices higher in September. The strong euro means more imports, but higher prices in Asia are attracting product eastwards.
Find out more about upcoming new capacity in senior editor Linda Naylor’s latest insight article.
Trading of the spread between Belgian Zeebrugge and British NBP Day-ahead natural gas contracts - known as the basis - has shown signs of recovery at the start of August after being at historic lows during July, data shows.
ICIS market reporter, Alex Thackrah, looks at the key pricing and fundamental factors which have shaped trading of the basis in the past few weeks, and analyses why this summer’s trading patterns are so different to previous years.
This base oil White Paper addresses the first half of 2017. It discusses the background that set the market on edge with tight supply, mainly in the Americas and in Europe. Base oil global production is ample, making tight supply a surprise in 2017. ICIS senior editor Judith Taylor sets out the events that led to the tight supply situation – still lingering in the second half of 2017 – and the price changes that took place.
It has been a challenging start to the year for a number of key petrochemical products. Some markets have moved from volatility to stability over the last six months, and players are questioning what the rest of 2017 may bring. ICIS has published a series of outlooks, examining supply and demand expectations for the third quarter.
View the latest video interviews and read the market outlooks in which the olefins, aromatics, polyolefins and titanium dioxide (TiO2) editors provide an insight into what to expect in the coming months.