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:
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.
As competing market forces send mixed signals about the global olefins situation and outlook, uncertainty and volatility present challenges to industry players. How will the Olefins market fare?
Having a view of the future supply-demand scenario is crucial in shaping your forecast planning and business strategies. Download the ICIS Polyolefins Trade Flow infographic now to:
The rate of natural gas injections into German storage facilities hit a four-year high at the start of June, but stock levels remain low. Despite this, market participants canvassed by ICIS predicted sites will be full by the winter.
Storage behaviour has come under the spotlight recently as a cold winter meant storage sites across Europe entered the gas summer emptier than usual. Plus, an outage at Britain’s largest storage site has reshaped gas flow through northwest Europe.
With the recent general election in the UK stoking uncertainty about negotiations between the UK and the EU, Steve Elliott, CEO of the UK’s Chemical Industries Association (CIA), discusses the need for a “pragmatic Brexit” with ICIS’s Jonathan Lopez and considers the options for Brexit and what it means for the UK’s petrochemical industry.
Many of the new US polyethylene (PE) plants will start up before their corresponding upstream crackers can supply them with ethylene.
Read ICIS Deputy news editor Al Greenwood’s market insight to find out more about polyethylene in the US.
Download this whitepaper to have deeper insights into how the latest developments in China will influence the rubber sector in Taiwan. Get a complete picture of the following:
During APIC 2017, ICIS delivered several presentations on hot topics in key petrochemical markets. We have made the following presentations slides available for you to download:
China’s LNG imports are expected to reach 30m tonnes in 2017 due to robust demand for natural gas, reduced piped gas imports and healthy LNG import margins.
Download this free White Paper for a comprehensive review of China’s LNG import market and the challenges and opportunities that arose with this industry development.
China’s top energy regulator recently put a brake on independent refiners’ crude import accreditation, after nearly three years’ “member initiation” for qualified refineries.
What does this mean to you and your business? Download this free White Paper for the latest developments and a list of Chinese refineries permitted to refine imported crude.
Chemical producers in Germany share a renewed sense of optimism after a strong first quarter. With a surge in sales, improved profits and robust demand, the consensus is that their strategies are clearly paying dividends. Custom Publishing editor at ICIS, Andy Brice, looks at their performance during the first three months of the 2017 and the expectations moving forward.
This White Paper, provides a scenario-based assessment analysing the impact of Britain’s exit on the EU ETS market balance and as well as our mid-term outlook for EU Allowance (EUA) prices. We found that the most bearish EUA price risk is associated with a scenario where the lead time between the announcement of Brexit and the actual end of compliance obligations for UK installations is reduced to a minimum, and when Brexit takes place before the end of phase three in 2020.
The upcoming polymer production increase in North America is expected to generate increased competition for market share in Latin America, where current market conditions are mixed.
The new US production can have a profound impact on the region and/or be a non-starter in some countries.
Click the link below to access the complete market insight.
A deficit in European natural gas stocks and falling LNG demand in Asia has pushed the Dutch TTF market and Asian LNG prices closer together, offering some opportunities for LNG cargoes to fill the storage gap in Europe.
Pipeline imports from Norway and Russia typically supply the majority of Europe’s gas demand requirements, but LNG deliveries can also play a prominent role.
US May acrylic acid and acrylate esters free-market prices were assessed broadly lower on Wednesday on reduced costs in upstream propylene, and that downward pressure could continue in June despite ongoing supply constraints.
Click the link below to access the complete market insight.
In this whitepaper on the urea capacity additions in the US, ICIS Market Editor Mark Milam takes a look at how new production facilities by Iowa Fertilizer Company (IFCo) and Canadian producer Agrium in Iowa and Texas have added to the fertilizer manufacturing uptick in North America, and could reduce the degree of domestic reliance on yearly imports from foreign producers.
Africa is a leading importer of ammonia for use in downstream phosphates and nitrates production, as well as operations in the chemicals and mining sectors. While Algeria, Egypt and Libya all boast ammonia plants, not much material is exported from those countries to elsewhere on the continent, as this Infographic shows.
Fertilizer trends, past and present, showing key benchmark prices and some of the major sea changing events that have happened across the fertilizer sector from IFA Sydney 2014 to IFA Marrakesh 2017.
Given recent developments such as El Nino, chronic overcapacity and global economic slowdown, palm oil prices have surged to record highs in the last five years.
Join this free webinar session as we delve into the impact of surging oil prices on the Asian oleochemicals market and what to expect in the short-term.
The US Department of Commerce has announced measures to encourage US LNG exports to China following a meeting between the presidents of the United States and China in April. The announcement has been welcomed by the LNG industry as a way to boost long-term contractual discussions between the two countries.
Download the whitepaper to learn more from ICIS China’s gas experts on China’s growing appetite for natural gas and LNG. ICIS China also provides insight on the developments of domestic gas market participants and a forecast for gas consumption through 2021.
Belgium’s secondary natural gas hub – the ZTP – saw its largest over-the-counter traded volume on record in April, with liquidity boosted by the introduction of four new market makers at the start of the month.
ICIS looks at which contracts at the ZTP have seen particularly sharp jumps in traded volume, and how liquidity at the hub has changed since its inception in 2012 as an alternative to the sterling-denominated Zeebrugge Beach.
ICIS senior editor Linda Naylor, talks to ICIS markets editor Pavle Popovic about the 6th annual ICIS World Polyolefins Conference, the implications of new global capacity for polyethylene (PE) and polypropylene (PP) and other future issues facing the market.
The global butadiene (BD) market can be the most volatile among major petrochemicals. View the key dynamics of the European BD market including uses, supply/demand, pricing, technology and outlook from ICIS Chemical Business’ (ICB) latest chemical profile. Plus, see how the BD chain works on a global basis with analysis and forecasts on supply/demand factors across the entire value chain.
Pipeline gas supply to Europe rose by 5% year on year in April 2017 to 26.1 billion cubic metres, according to grid operator data collated by ICIS. This marked the seventh consecutive month of annual growth in piped imports, although the total was down by 4% compared to the month before.
ICIS looks at the key drivers behind the rising pipeline imports, and the changing trends observed in the key producers of Russia, Norway and North Africa. ICIS also examines how LNG supply to Europe has changed during a month which has seen a flurry of vessels berth at northwest European terminals.
The ICIS Petrochemical Index and cracker margin data have charted the spectacular uptick for some intermediates this year. Rising prices, largely driven by specific regional supply and demand issues, have not been matched by raw material cost increases, and price deltas have improved.
ICIS Insights editor Nigel Davis analyses European margins against competitors in other regions, and who the big winners are from the current price trends.
Recent TTF options activity suggests that at least one counterparty is bracing for significant volatility on the Summer ’18 delivery contract, following the Dutch government’s decision to reduce the Groningen production cap by 10% for gas year 2017 (1 October 2017-30 September 2018).
ICIS looks at the fundamental drivers which could generate greater market volatility, and dissects which options trading strategy market participants may be employing.
Chronic overcapacity, slowing demand and surging feedstock prices are just some of the pressing issues plaguing the consumption demand for oleochemicals in Malaysia.
Download this free whitepaper as we delve into the implications of the major market developments on the Malaysian oleochemicals sector and discuss what to expect in the near term.
Polyolefins demand in Europe is continuing to grow in 2017, underpinned by economic improvements. Supply is expected to remain tight in the first half of the year but market conditions could change significantly from mid-2017.
ICIS senior consultant Fabrizio Galiè discusses the factors that are expected to affect European supply dynamics. Download the article, which includes insights on Asia from John Richardson and on North America from James Ray and Stephanie Kirby, to better understand the global polyolefins market outlook.
In this whitepaper, ICIS investigates the ongoing LNG contract dispute between Mexico’s state power utility CFE and term supplier Shell. While price remains a factor, Mexico’s changing natural gas supply fundamentals are complicating the issue.
The North America sulphur markets have grown tight in the last month of Q1 on a combination of oil sands divestments, plant outages and turnarounds. Export prices firmed at the beginning of the year in Vancouver and California, but softened in March as outside demand quieted.
Pipeline imports to Europe recorded a sixth consecutive month of annual growth in March, according to grid operator data compiled by ICIS.
ICIS looks at where Europe sourced its additional gas supply from, and which factors drove the rising imports, at a key time for the gas market as participants look ahead to the gas summer.
The supply of isocyanates, key ingredients in the polyurethanes (PU) industry, to the Middle East is currently dominated by producers in northeast Asia. However, the entry of Saudi Arabia’s Sadara has the potential to change those dynamics. That could have an impact on prices, from as early as this year, as material from the Dow-Aramco joint venture starts to trickle into a crowded market.
ICIS invites you to attend our free market seminar, offering a deeper look into current prices, recent developments and the market outlook for Asian and Chinese PP/PE markets. This will be held on 18 May during Chinaplas 2017 in Guangzhou.
With China having the largest polyester capacity globally, the country has emerged as the primary consumer of raw materials such as paraxylene (PX), purified terephthalic acid (PTA) and monoethylene glycol (MEG). The country’s increasing focus on being self-sufﬁcient for raw materials has led to expansion plans for MEG and PX capacities within China over the next five to six years. This now poses new challenges for the Northeast Asian markets, who are key producers of fibre intermediates.
Download the free infographics to track the trade flows for the fibre intermediates market between China and Northeast Asia, particularly for Japan, Korea and Taiwan.
The petrochemical industry is going through a period of extreme price volatility which impacts on margins and competitiveness. Albeit growing, polyolefin demand remains exposed to various unpredictable factors, while recent investments will bring new capacity online this year.
ICIS senior consultant Fabrizio Galiè explores emerging threats to the global polyolefin industry including the economic slowdown in China, new plant start-ups and implications on international markets.
2017 has been marked by dramatic movements in global styrene prices, driven largely by supply-side developments as well as underlying feedstock movement. Through it all, however, margins have remained at high levels and ICIS believes they are likely to continue strong.
Download the latest insight from ICIS senior editor Rhian O'Connor to better understand the recent developments and the outlook for styrene markets.
Belgium is a key transit hub for northwest European natural gas flow, acting as a bridge between British and mainland European gas markets.
ICIS looks at the price spreads and fundamental factors which will drive these transit flows at the start of the gas summer, a time when storage injection demand typically ramps up across Europe.
Download and view the latest titanium dioxide (TiO2) animated map, by ICIS senior editor Heidi Finch, which shows global restructuring and cost-cutting measures from 2015-2018.
Imports into the structurally short US benzene market fell about 18% year-on-year in 2016 compared with 2015, as downstream issues in derivatives such as styrene weighed on demand. Meanwhile, benzene prices rose late in 2016 on a rally in upstream crude oil as well as several issues at refineries on the Gulf Coast.
On the demand side, China's appetite for benzene ahead of its Lunar New Year holiday spurred price increases and US exports to China in December. The US benzene market is structurally short and relies on imports to meet about 20% of consumption. South Korea, Venezuela, Saudi Arabia and Brazil continue to be key suppliers to the US market. Explore these trends in our benzene infographic.