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The Chemical Reaction – week in review (vol. 1)
ExxonMobil targets to starts-up new USGC cracker in mid-2018. Phillips66 clarifies more details of next proposed US chemical investment. Formosa an...
The Chemical Reaction: Alberta government awards generous incentives to local propylene industry
Last week, the Government of Alberta Canada awarded investment incentives of Can$300 million to Pembina Pipelines Corp and Can$200 million to Inter...
The Chemical Reaction: Indorama achieves another milestone on restart of an ethylene plant in Louisiana after a 15-year shutdown
After a 15-year shutdown, Indorama has acheived another milestone in restarting the 370,000 ton/year ethylene plant in Lake Charles with a price ta...
The European PTA market: Five key facts on pricing dynamics
• Significant spikes in energy and other production costs in Europe (such as acetic acid) negatively impacted PTA producers’ margins during 2021. •...
The imminent Asian olefins capacity wave
Asia will dominate olefins capacity growth through to 2025, with 2021-2022 being the peak year. In 2021 alone, China will add nearly 8 million tonn...
Record-breaking petrochemical earnings
Recent Q2 2021 petrochemical earnings have demonstrated exceptional growth. Numbers are up versus both the previous quarter (Q1 2021) and particula...
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