Coronavirus Guide

• 03 3月 2020

How might coronavirus impact global energy and commodity markets? Our team of experts from across the energy value chain are monitoring the immediate and future impact of coronavirus on global commodity and energy markets. 

How to thrive in the petrochemicals downturn

• 23 9月 2019

The petrochemicals industry has been enjoying boom conditions. But after several years of strong margin generation, storm clouds are gathering.

EU moves to turn the tide on plastic waste

• 11 7月 2019

Are the EU’s new targets a drop in the ocean?

How will the closure of Philadelphia Energy Solutions impact US aromatics?

• 15 7月 2019

Philadelphia Energy Solutions has announced its intention to shut down refinery operations permanently following a fire at the facility on June 21, 2019. Understand the impact of the closure of the 600,000-tonnes-per-year cumene unit at the site on global and US cumene markets.

India's GST - A boon for oil markets?

• 16 11月 2017

The introduction of India's Goods and Services Tax (GST) has lifted oil demand in the country this year. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected by the impact of GST on vehicle prices and sales, especially in the logistics sector.

China's waste plastic ban could pave way for South East Asia's dominance

• 04 12月 2017

The sub region of South East Asia could potentially become a world leader in importing plastic waste, according to PCI Wood Mackenzie's 'RPET China Study – China Waste Import Ban 2017'.

Global Polyethylene Markets: 6 Key Things to Look For in 2018

• 16 1月 2018

The year 2018 will be recorded as the "transition year" for the polyethylene industry. Widely anticipated North American polyethylene resin will hit the global markets, China's ban on importing scrap plastic will challenge the prevailing trends, and new tax structures in the United States and India will show its full impact on the plastic industry.

Fibrant Nanjing declares force majeure on Caprolactam

• 18 1月 2019

Commenting on Fibrant Nanjing's announced force majeure on Caprolactam, Dr. Crystal Chiang, Wood Mackenzie Chemicals Asia Polyamide Director, said:

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

• 07 5月 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

More investment needed in U.S. chemical recycling technology to achieve circular economy

• 06 6月 2019

A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. However, according to Wood Mackenzie Chemicals, there needs to be multi-pronged investment efforts to improve comprehensive collection, sorting and recycle process technology in order to achieve a truly circular economy.

North America’s flexible packaging market grew by 3.9% in 2018

• 04 6月 2019

North America's market for value-added flexible packaging increased by 3.9% to US$25.3 billion in 2018, according to a new report from Wood Mackenzie Chemicals.

Chevron Phillips Chemical in $15 billion bid to acquire Nova Chemicals

• 21 6月 2019

Chevron Phillips (CPCHEM), a JV between Chevron and Phillips 66, has made a US$15 billion bid to acquire Nova Chemicals, owned by UAE-based Mubadala.

Qatar Petroleum and Chevron Phillips Chemical plan new world-scale ethane cracker in Qatar

• 24 6月 2019

Qatar Petroleum today announced the selection of Chevron Phillips Chemical Company as its partner for a new ethylene and derivatives complex, which will be constructed in Ras Laffan Industrial City, Qatar

Achieving U.S. recycled plastics goals by 2030 could cost $3bn

• 10 7月 2019

Up to $3 billion in additional capital investment would be required to achieve current U.S. recycled plastics content goals by 2030, according to new analysis by Wood Mackenzie Chemicals

Aramco takes slice of Reliance’s refining and petchems businesses

• 11 8月 2019

Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses.

Sinopec bolsters coal-to-chemicals investments in China

• 14 8月 2019

Sinopec will take over the 800-ktpa coal-to-olefins (CTO) project in Erdos from State Power Investment Mengxi Energy.

Motiva enters US chemical industry

• 20 8月 2019

Motiva, a 100%-owned subsidiary of Saudi Aramco, has signed an agreement to acquire full ownership interest in Flint Hills Resources Port Arthur, LLC.

Can China’s CTO and MTO industries survive the threat of massive steam cracker investment?

• 06 9月 2019

In 2019, the total ethylene capacity from CTO/MTO units reached 5.21 million tonnes per annum (Mtpa), accounting for 21% of China’s total ethylene capacity. However, CTO and MTO development has slowed due to high methanol prices and environmental controls, as well as the threat from a new wave of steam cracker investment in China.

US PET and aromatics markets face major restructuring if plastics recycling goals met by 2030

• 10 9月 2019

Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a recent analysis from Wood Mackenzie.

2020 to be year of transition for global olefins industry

• 20 1月 2020

Wood Mackenzie expects the combined capacity expansion of base olefins - ethylene, propylene and butadiene - to hit unprecedented levels of around 20 million tonnes in 2020. This represents an increase of 6% on 2019 levels.

UK Budget - new plastics packaging tax

• 11 3月 2020

The UK currently recovers or recycles just under 50% of plastics packaging, making it a middling performer in European terms

Shell 'to be net-zero company by 2050'

• 16 4月 2020

Commenting after Shell announced its intention to become net-zero company by 2050, Luke Parker, vice president, corporate analysis, at Wood Mackenzie, said: “This is an evolution of the net carbon footprint ambition that Shell unveiled in November 2017.

European olefins production could recover in 2020 despite coronavirus

• 30 4月 2020

Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.

Oil supply cuts could curtail 15% of ethylene supply in Middle East

• 13 5月 2020

Approximately 15% of ethane-based ethylene supply in the Middle East could be lost this year due to oil supply dynamics, according to new analysis from Wood Mackenzie. This equates to around 1.5 million tons of ethylene.

Global appetite for plastics key to China’s polyolefins demand growth in 2020

• 28 5月 2020

Much of China’s polyolefins demand growth in 2020 will depend on global appetite for plastic end-products, says Wood Mackenzie.

North America Crude Markets Service

Forecast North American crude flows through all major pipelines, hubs and export terminals to support strategic planning, market analysis and valuation work.

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.

Paraxylene & PTA

Understand paraxylene (PX) and purified terephthalic acid (PTA) price and market conditions, and compete more effectively through in-depth analysis of PX, PTA, DMT and polyester production capacity.

Webinar | Refinery/petrochemical integration is transforming the downstream landscape (APAC/MEA)

• 23 3月 2021

Join us on Tuesday 23rd, to better understand how to benchmark the significance of petrochemical integration on the refining industry and how disruptive such integrated sites are to the petrochemical sector.

How are olefins made from CTO/MTO?

• 01 11月 2017

Kelly Cui, Olefins Senior Consultant, gives an overview of the coal-to-olefins/methanol-to-olefins process and the technologies supporting it.