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Glimmers of hope for Europe acetone and phenol derivative chain in a difficult climate; freight/logistics key
LONDON(ICIS)--European downstream demand remains low due to inflation and high interest rates. Add logistics issues and a continuous flow of imports to that, and the doom of European petrochemical industry begins. But with the recent reduction in interest rates by ECB and increased tariffs on Asian EVs, there is hope that the acetone and phenol derivative chain might come back to its glory. Europe ICIS editors Jane Gibson (acetone and phenol), Heidi Finch (bisphenol A and epoxy resins), Meeta Ramnani (polycarbonate), Mathew Jolin-Beech (methyl methacrylate) and ICIS senior analyst Michele Bossi (Aromatics & Derivatives) discuss the latest development in imports, bans and interest rates that are likely to impact the acetone, phenol and derivatives markets.
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US and European R-PET markets attracting more imports in 2024
Senior Editors for Recycling, Emily Friedman and Matt Tudball take a look at how both the US and European R-PET markets are seeing more activity around imported material, and what that means for local recyclers in the US and the EU, including: The growing numbers of imports into the USPrice competitiveness of imports vs. local materialBalancing recycled content with cost-saving objectivesHow imports stack up against legislation in Europe
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PODCAST: Legislations, waste management to shape future of Asia recycled polymers
SINGAPORE (ICIS)--Asia recycled polymers markets were sluggish for the most part in 2023. In early 2024 too, challenges that dim the short-term outlook persist.Some legislations surrounding recycling were also put in place in the region over the last few years, but the obstacles that limit the growth of this sector still remain.In this chemical podcast, ICIS senior editor Arianne Perez and analysts Joshua Tan and Chua Xin Nee share their insights on the topic.
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NE Asia propane-naphtha spread to widen again in Aug-Sept
SINGAPORE (ICIS)--Propane in northeast Asia is losing its advantage over naphtha as a cracking feedstock, but the spread is expected to widen again in August-September due to higher naphtha forecast prices. Propane price spread over naphtha below $50/tonne for the first time since end-JanuaryNE Asia propane firm on year-to-date high China PDH plants run ratesCrackers using imported propane require about two months to evaluate feedstock economics In this podcast, ICIS LPG analysts Yan Wang and Shihao Zhou discuss the current market dynamics and outlook.
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Europe BDO and PBT continue to see subdued demand amid supply constraints
While the butanediol (BDO) and polybutylene terephthalate (PBT) markets in Europe have benefited from challenges in importing volumes from Asia, demand remains subdued for sectors.In this podcast, ICIS Europe Engineering Plastics editor Meeta Ramnani and ICIS Europe BDO editor Yashas Mudumbai discuss the current dynamics and the outlook ahead.
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Think Tank: Methanol could play leading role in energy transition
Methanol has long-term potential as a major player in the energy transition, especially for use a marine fuel.- Methanol mainly made from coal in China, natural gas elsewhere- Used to make formaldehyde, acetic acid, in China mainly coal-based methanol to olefins (MTO)- Q2 typically peak demand for Europe construction but subdued this year- Concerns about overcapacity globally as new projects come onstream- Use a marine fuel may be a big driver of growth long term- Energy transition offers great opportunities