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  • Petrochemicals demand in 2021 seen supported by low inventories, broader economy reopening

  • Project delayed by pandemic retaken in 2021 at higher cost, while others see indefinite delays

  • Petrobras starts arbitration against Odebrecht over Braskem as sale process begins; Market for 'green' methanol...

Bioplastics struggle to build scale and grow into bigger alternative to petrochemicals

Dec 13, 2020

Production of bioplastics is still growing at a much lower rate compared with petrochemicals. However, carbon emission taxation and single-use, fossil-based plastic bans may help...

U.S. ethylene exports to China soar despite Covid-19, trade war

Dec 13, 2020

U.S. exports of ethylene, the petrochemical industry’s main building block, expanded fourfold during the first months of the pandemic showing that in spite of a trade war and Covid-19...

Mexico's cutoff of natural gas to Braskem Idesa forces shutdown; Formosa starts LDPE unit; Braskem announces development of sugar-based MEG; Total to produce renewable aviation fuel

Dec 13, 2020

News Briefs

Repurposing used plastic into road infrastructure could take all waste PET of U.S.

Dec 1, 2020

The founder of a company that worked for years to research ways to repurpose plastic waste into roads said that if its composite asphalt pavement use were to extend beyond parts of Los...

Recycling industry challenged by pandemic, fragmentation, price opacity

Dec 1, 2020

Falling crude oil prices during to the pandemic drove down virgin plastic resins prices and made recycled plastic comparatively more expensive, adding to challenges the recycling...

S&P Global buys IHS Markit in latest commodities price assessment industry consolidation; Dow official says plastic bans harmful; Resin producers guild disputes environmentalist report

Dec 1, 2020

News Briefs

Shell sees its future with fewer, more integrated refineries yielding renewable fuels, hydrogen

Nov 18, 2020

Royal Dutch Shell, hit by a $17.7 billion loss in the first nine-months of 2020 as Covid-19 slashed demand, will downsize to six refining-chemical integrated “parks” as part of a...

Most refineries that shut in 2020 may only reopen as terminals, renewable plants

Nov 18, 2020

Expectations for a slow post-pandemic fuel demand recovery, which already shut down two million barrels per day of refining capacity in 2020, will limit owners options in the future.

Alberta government seeks investment in petrochemicals and hydrogen; Pembina says Alberta incentives may help CKPC

Nov 18, 2020

News Briefs

Canada plans ban on six single-use plastics in effort to tackle waste problem

Oct 27, 2020

The Canadian federal government announced in October plans to ban six very commonly used single-use plastic items by the end of 2021 to tackle a pollution problem that became more...

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