PetroChem Wire Reports
PetroChem Wire reports provide daily prices for NGLs, monomers, polymers and covers the entire petrochemical market, including NGLs, ethylene and propylene, olefin and polymers and prime grade and recycled plastics.
The global methanol and acetyls industries are evolving at a vigorous pace. Methanol market dynamics are quickly changing with capacity expansions, disparate production economics worldwide, increasing challenges to long-term demand growth, and a shifting focus to methanol’s role in the path toward energy transition. Meanwhile, the acetyls industry continues to thrive on the back of economic recovery but with equally challenging conditions stemming from volatility in pricing and supply.
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Syngas Chemicals Strategic Insights
Iranian Sanctions
Iranian sanctions and the potential impact on project progress, production output, trade flows, and prices. If the sanctions continue, Iran will remain restricted to selling to China and India, and prices in these countries may be lower than in other regions.
Russia/Ukraine conflict
Sanctions and the potential impact on project progress, production output, trade flows and prices. Russia has become restricted to exporting to India or to local eastern and central European markets with little to no logistics alternative – at a price.
The recent explosion of interest in
methanol as a marine bunker fuel
There have been many recent announcements of orders of methanol-ready vessels, by major shipowners such as Maersk. Methanol may have a more mainstream role in the shipping industry than previously anticipated. Demand for methanol as a marine fuel is now forecast to reach 15 million metric tons by 2050.
China’s Environmental Pollution Controls
How consistently will these be applied –all over the country or just in the north? Will China relax these in an effort to stimulate its chemical industry if the US-China trade war continues and particularly if China’s GDP growth falls below desired levels? Implication: This could have a major impact on the operating rates of derivative units
Sustainable Methanol Production
We are likely to see more low-carbon projects being announced, especially in Europe. Also, existing units could be reconfigured, perhaps with an associated carbon capture and storage scheme in order to minimize their carbon
footprint.
Methanol demand in important fuel sectors is changing with global environmental initiatives.
Large demand into biodiesel and MTBE is increasingly threatened by growing capacity for non-methanol-based renewable diesel, restrictions of feedstock for FAME biodiesel, and a shift towards electric vehicles.
Chemical Market Analytics delves deep into the syngas industry value chain to provide our clients with comprehensive solutions, offering the necessary information and consulting services required at each stage.
PetroChem Wire reports provide daily prices for NGLs, monomers, polymers and covers the entire petrochemical market, including NGLs, ethylene and propylene, olefin and polymers and prime grade and recycled plastics.
Short-term outlook - provide accurate current and near-term market data and analysis for plastic chemicals as well as the raw materials, energy and feedstock.
Long-term outlook - provides long-term chemical market trends and supports strategic planning and business reviews by adding robust operations support with current actionable data and expert analysis.
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