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.
The exceptional situation in 2015 for polyethylene (PE) and polypropylene (PP) markets plus a series of planned maintenance closures this year are affecting decision making for buyers.
As we begin the new year, ICIS analyses the key topics and what to expect in 2017.
We present the ICIS Top Mergers & Acquisitions, comprising a listing of the top global deals competed in 2016, along with extensive coverage of the M&A market outlook. The three listings are by closing date (starting from most recent in 2016), by price and by sales of the target business. Investment bankers expect a robust M&A market going forward as demand for assets remains high. 2017 is poised to break records in deal-making.
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.
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 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.
European petrochemicals come under the spotlight in the ICIS special publication produced in association with EPCA for its Annual Meeting in Berlin.
This special supplement from ICIS looks at INEOS' ambitious growth strategy with continued expansion in Europe, Asia and the US, as well as its ambitious plans to enter the automotive sector.
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.
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 versatility of these widely used polymers feature prominently in a new special publication from ICIS, produced in association with Dow Chemical.
The latest issue of GPCA Insight, produced by ICIS, carries news and interviews on fertilizers in the GCC region and globally.
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.
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.
With Germany’s parliamentary election approaching, what impact will it have on the share of renewables and EU carbon?
ICIS has awarded its Company of the Year accolade to Germany-headquartered polycarbonate and polyurethanes maker Covestro, based on its exceptional financial performance in 2016.
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.
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.
ICIS Chemical Business are proud to present our first ever Latin America chemical profile for HDPE, which takes a look at uses, technology, pricing and supply and demand for this commodity.
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.
Having a view of the future supply-demand scenario is crucial in shaping your business strategies. Download this free infographic of polyolefins trade flow to get a quick look into the import-export volume outlook for 2017 and 2018.
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.
The European titanium dioxide (TiO2) market has seen extreme swings in price and supply over some years now.
Due to the price pressure and recent European Chemical Agency (ECHA) recommendation to classify TiO2 as a category 2 carcinogen, when inhaled, there is an underlying drive for buyers to reduce their TiO2 content and explore substitution possibilities. However, while this may be an option, technical limitations apply and there is an underlying need for a period of stability where economic sustainability is supported through the chain for the sake of the whole industry.
The wave of new ethylene production arriving in the US market rippling through the downstream markets has facilitated a deal between Resin Technology and Emeraude. The article examines what the worst- and best-case scenarios could be during the negotiations.
Download the Focus article written by ICIS senior editor manager Bill Bowen to find out more about the emerging deal.
Download this featured content for an in-depth analysis of prices, supply, demand and production in the Asian chemicals market.
While Brazil’s oil production recovery has been remarkable, overall production of refined products has fallen even as oil output has reached new records.
Deputy news editor Al Greenwood examines what has caused these two opposite trends in this new ICIS White Paper focused on the key South American country.
The base oils market in the Middle East is increasingly of interest to market players globally. Upcoming capacity within the region has not only an impact on tradeflows across markets, but is also slated to impact prices in key regions.
Read the latest chemical profile by senior editor manager, Veena Pathare, which provides an overview of uses, technology, supply/demand and prices for Middle East base oils to help you make more informed business decisions.
UK polyethylene price volatility might have been expected post the Brexit referendum. The value of sterling plunged once the outcome was known. And the pound has been volatile since.
This insight piece put together by leading ICIS editors Nigel Davis and Linda Naylor, who presented at a British Plastics Federation (BPF) Brexit conference, discusses the recent differential between the UK and EU polymer prices, and highlights the areas of uncertainty facing the plastics industry before the divorce settlement with the EU is agreed.
In this insight Nigel Davis, ICIS Insight editor, reviews Europe’s economic performance in spite of uncertainties surrounding how Britain will exit the European Union which weighs heavily on the markets.
The base oils market in UAE has remained firm since early this year, buoyed by tight supply fundamentals across Group I and Group II categories. However, the second half of the year is slated to see a reversal in this price trend, with prices expected to come under pressure from improved supply and other factors.
Read the latest insight from ICIS senior editor manager, Veena Pathare, who outlines the outlook for Middle Eastern base oils.
As new entrants enter the Asian MLLDPE market, additional MLLDPE capacities are expected to come on board. As such, supply there is expected to be saturated, especially within China, southeast Asia and India.
Download this free White Paper, which provides a detailed market overview and what lies ahead for the Asian MLLDPE market.
ICIS recently hosted a webinar highlighting the implications of falling consumption demand and decrease in manufacturing activities on the Asian oleochemicals market and what to expect in the near-term.
Polyethylene and polypropylene prices have been falling in recent weeks, with some PE grades facing tough competition from imports and oversupply in the domestic market.
Read the latest updates on PP and PE from ICIS senior editor manager Katherine Sale.
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.
Asian phenol has experienced significant price volatility in recent months led by developments in crude oil and benzene markets as well as shifts in demand, plant outages and swings in inventory. Prices in India hit a high in mid-February only to fall rapidly.
This presentation provides key insights on drivers that affect the phenol market:
As we begin the New Year, we look back at the key developments and how they shaped the Asian chemical markets in 2016 – and look forward to what to expect in the coming year. ICIS is hosting a series of free webinars to ensure you are equipped with the knowledge needed to navigate the markets in such volatile times.
Polyurethanes come into sharp focus in the latest special publication from ICIS, prepared in association with the American Chemistry Council on the occasion of its annual Polyurethanes Technical Conference, in Baltimore, US. Markets, innovation, recycling and sustainability as well as end use markets such as construction and automotive are all featured in a series of indepth articles.
It’s time to look ahead to next year. Uncertainty over crude oil prices, market volatility and large-scale increases in global supply, all in the context of a hesitant economic recovery in Europe, are just some of the challenges likely to face European petrochemical markets. ICIS consultants give their views on what the future may hold for polyolefins, benzene, styrene and polystyrene markets in Europe next year.
Egypt is set to re-emerge as a key supplier of polystyrene (PS) to markets in Europe and Africa with the restart of domestic production. The country has had to rely on costly imports of styrene feedstock since late 2014, rendering local PS production uneconomic. However, a new styrene supply deal and the promise of new styrene capacity will allow Egypt to raise its domestic PS output in the years ahead.
Global phenol and acetone markets are suffering from overcapacity as new projects come on stream and demand growth remains tepid. As a result, phenol and acetone prices are becoming more competitive and global trade flows are changing.
ICIS has recently launched the latest version of the China PBR Annual Study, an in-depth report of the year’s developments and hot topics with supply/demand outlook for 2015. To give you a glimpse of the type of valuable information provided in the annual study, we have made a section available for you to view.
Download this free market outlook presentation by ICIS for a better understanding of the latest phenol developments.
Find out what's happened over the last 3 years, insight into the changes and the outlook for the rest of the year.
Read about North American Polyethylene (PE) Market Outlook for 2014 and 2015.
Drawing on expertise from ICIS Consulting and discussions with industry players, we recommend reading this article if you are making short- to mid-term commercial decisions in the US PE market.
The TiO2 market in North America saw some failed price increase attempts at the end of 2013. Supply is strong and no problems are currently expected. Buyers are predicting steady growth in 2014 as new home construction is on the increase.
Published each month, the monthly ICIS Middle East Polymers Index provides a measure of the average change in Gulf Cooperation Council (GCC) polymer prices over time. The index dates back to January 2000.
ICIS experts further analyse recent developments surrounding the downtrend in oil prices and have produced a white paper, which covers every angle of this market development and its impact on downstream petrochemical markets.
John Richardson and Malini Hariharan's Asian Chemicals Connections looks at Asian and global commodity chemicals and polymer pricing trends, supply and demand, macroeconomics, energy and environmental issues.
Paul Hodges looks behind today's headlines and studies key influencers shaping the chemical industry over the next 12-18 months. He takes a closer look at oil prices, economic growth and the environment among other things, along with some light-hearted commentary along the way.
ICIS energy editors post their expert opinions on the major topics facing participants in the European gas, electricity, LNG and oil markets. This blog will look behind the headlines and critically analyse the impact of market developments on the industry, with some more light-hearted posts thrown in for good humour.
Listen to the latest podcast from ICIS and learn about current Methyl Ethyl Ketone (MEK) market conditions, pricing, supply and demand, and news.
Jo Pitches interviews Stefan Naidu about how an explosion that destroyed one of Shell's propylene oxide (PO) production units in Moerdijk, Netherlands on June 3 continues to affect European PO derivative markets such as monopropylene glycol (MPG) and polyols.
Rob Miles interviews ABS and SAN editor Matt Tudball on the impact of feedstocks and Asian imports on the European markets.
ICIS has recently launched the latest version of the China Styrene Annual Study, an in-depth report of the year’s developments and hot topics with supply/demand outlook for 2015. To give you a glimpse of the type of valuable information provided in the annual study, we have made a section available for you to view.
Polyurethane editors Heidi Finch and Stefan Naidu discuss market fundamentals and price trends in the European polyurethane market.
In this webinar, Mark Victory, Senior Editor, Manager, ICIS, covers:
Join ICIS as we take a closer look into Asian methanol and downstream acetic acid markets. In this special report, ICIS experts give key insights into price drivers, how supply and demand fundamentals have been affecting the marketplace, and most importantly, what the outlook is for the rest of the year.
ICIS experts closely following natural and synthetic-based surfactants in Asia have produced a video covering key insights into the current market situation and price drivers, with a near-term outlook of key surfactants commodities such as linear alkylbenzene (LAB), linear alkylbenzene sulphonate (LAS) and alcohol ethoxylates.