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This podcast is brought to you by ICIS, a leading global price discovery service for the oil, energy, fertilizer and petrochemical sectors.
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PODCAST: Weak demand expected for both Asia C3 and downstream PO
SINGAPORE (ICIS) -- Asia's propylene (C3) market will continue to see weak demand, although potentially curbed run rates in China amid weak margins could lend support. Downstream, China’s propylene oxide (PO) import demand may continue to be adversely impacted by domestic Chinese start-up capacities, while demand in the main downstream polyols sector is unlikely to recover in Q2. South Korea June-loading C3 volumes likely to increase month on monthDomestic Chinese start-up capacities keep domestic supply lengthy, hamper import demandGlobal PO supply excluding China remains tight, downstream polyols likely muted in Q2In this chemical podcast, ICIS editors Julia Tan and Shannen Ng discuss trends in the Asian C3 and PO markets.
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PODCAST: Synthetic fuels poised to lead decarbonisation of transport sector - Zero Petroleum CEO Paddy Lowe
LONDON (ICIS)—Synthetic fuels, also known as e-fuels, are derived from renewable electricity, air and water. The power-to-liquid process entails chemical conversion of energy. In this latest podcast, markets editor Nazif Nazmul interviews Paddy Lowe, CEO and founder of the synthetic fuels producing company Zero Petroleum. Synthetic fuels can play a vital role in slashing emissions across the transport sector in the coming years, although the road to scaling up is fraught with obstacles and opportunities. Energy density of synthetic fuels and compatibility with international combustion engine (ICE) vehicles could provide a long-term decarbonisation alternative to electric vehicles (EVs) and biofuelsRail, marine, aviation, agricultural sectors can utilise synthetic fuels alongside road transport Synthetic fuels gaining traction in the aviation industry in the form of e-SAFAchieving cost parity with fossil-based gasoline will still take approximately 10 more yearsLegislative support likely to expedite time needed to achieve economies of scale Production process reliant on sourcing vast amount of renewable energy
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Think Tank: Decarbonized power sector offers opportunities for Europe chemicals resurgence
Europe’s chemical industry stands to benefit in the long-term from the expansion of wind, solar and other low carbon methods of producing energy.- Growth in renewables means spot electricity prices can turn negative if demand dips- Europe electricity prices higher than pre-war as tied to price of natural gas, now mainly LNG- Europe has seen significant growth in solar, while wind faces delays due to supply chain issues- Decarbonizing includes reducing emissions from gas plants via carbon capture and storage (CCS) and other technologies- Challenges include grid infrastructure to transport electricity across regions with varying renewable generation- Despite regulatory hurdles, there is political will for grid investment as part of the energy transition
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PODCAST: APIC '24: Asia PVC shaped by ample supply, impending policy changes in India
SINGAPORE (ICIS) – Asia's polyvinyl chloride (PVC) markets are expected to see some uncertainty in the coming months, with factors like China’s domestic demand, the impact of India’s monsoon and some trade policy changes expected to shape the landscape.June offers from Asian producers awaited next weekSE Asian economies see healthy growth in Q1, expected to support PVC demandLow domestic demand in China encourages exports, especially to IndiaIn this chemical podcast, ICIS editors Jonathan Chou, Damini Dabholkar and analyst Lina Xu discuss recent market conditions with an outlook ahead in Asia.
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PODCAST: Asia BDO pressured by slowing demand in late-Q2, oversupply
SHANGHAI (ICIS)—Asia’s 1,4-butanediol (BDO) market continues to be pressured by oversupply amid slowing demand.With the first peak season in March to April ending, demand in some sectors has started to slow.In this chemical podcast, ICIS Markets Reporter Corey Chew reports from China on market expectations before Enmore’s 14th BDO and downstream derivatives forum.
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PODCAST: Asia olefins face hurdles on upstream volatility, growing supply
SINGAPORE (ICIS) – Asia's olefins brace for headwinds amid sustained weak demand in May, although some support is expected from curtailed supply in China. Lengthening supply from South Korea could continue to weigh on the market's outlook as it navigates upstream volatility amid tensions in the Middle East. Asia's olefins market to see increasing supply from South Korea in MayRelatively low PDH run rates could lend support to NE Asia C3 Poor demand weighing on Asia C2 amid multiple supply options for June arrivalsIn this chemical podcast, ICIS editors Julia Tan and Josh Quah discuss recent market conditions with an outlook ahead in Asia.