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“Decisive Actions” Needed for GCC Chemicals

Posted on December 15th, 2017 by in Chemicals Industry News and Analysis

The traditional reliance of the chemical industry in the GCC region on cheap and plentiful feedstock is no longer a guarantee for competitive performance. “Changes are necessary” to remain a global chemical powerhouse, according to the chairman of the Gulf Petrochemicals and Chemicals Association (GPCA). Continue reading ““Decisive Actions” Needed for GCC Chemicals” »

Naphtha Margins Pushing Petchem Profits Higher in 2017

Posted on December 1st, 2017 by in Chemicals Industry News and Analysis

Margin data supplied by Shell to investment analysts show why petrochemical producers continue to ride high. In the third quarter, most other petrochemical sector players joined the energy major in reporting still healthy cracker margins. Continue reading “Naphtha Margins Pushing Petchem Profits Higher in 2017” »

LyondellBasell / Braskem Makes Strategic Sense but Complexities Unique

Posted on November 28th, 2017 by in Chemicals Industry News and Analysis

An acquisition by LyondellBasell of Brazil-based polymers giant Braskem would make an excellent strategic fit, and would also be financially feasible with LyondellBasell’s strong and flexible balance sheet. Continue reading “LyondellBasell / Braskem Makes Strategic Sense but Complexities Unique” »

ICIS Innovation Awards – The Winners

Posted on October 20th, 2016 by in Chemical R&D

Innovation comes in all shapes and sizes in the chemical industry, as today’s winners of the ICIS Innovation Awards 2016 clearly show. The overall winner, US-based Compact Membrane Systems is a small start-up but one with a big idea – a cheaper and more energy efficient way of separating lower olefins for paraffins. Continue reading “ICIS Innovation Awards – The Winners” »