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Posted on October 9th, 2017 by Joseph Chang in Chemicals Industry News and Analysis
US chemical stock prices are surging amid the start-up of two world-scale projects by DowDuPont and Chevron Phillips Chemical, as markets shrug off fears of new supply amid product tightness in the aftermath of Hurricane Harvey.
Posted on September 1st, 2017 by Al Greenwood in Chemicals Industry News and Analysis
The disruptions caused by Hurricane Harvey could delay the start-up of new plants that were expected during the upcoming months – on top of all the shutdowns it caused to existing sites. Continue reading “Hurricane Harvey May Delay New Plant Start-Ups” »
Posted on August 3rd, 2017 by Rhian O’Connor in Chemicals Industry News and Analysis
Propylene oxide (PO) is in strong demand, especially for polyurethanes applications, but tight control of the technology is limiting the building of new plants. This could change in the near future as the Chinese launch new production processes. Continue reading “The PO Problem” »
Posted on October 7th, 2016 by Matt Weber in Chemicals Industry News and Analysis
The ICIS Top 100 Chemicals Distributors ranking reflects a market still under pressure from the global oil price collapse. Petrochemicals prices dropped in 2015 and 2016, down 28% and 7% from previous year averages, respectively. Continue reading “Oil, costs, lack of growth and M&A all reflected in top 100 performance” »