Chemicals must prepare now for more extreme weather events
ICIS - chemical podcasts
English - August 24, 2020 00:00 - 25 minutes - 35.5 MBBusiness chemicals prices business polymer trade Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
- More extreme weather events threaten chemical supply chains
- Tropical Storms Marco and Laura approach the Gulf of Mexico
- Three Gorges Dam in China at its highest level ever
- China flooding displaces 60m people and causes $40bn in damage, hindering recovery
- Russian Sibur’s massive new 2.7m tonne/year cracker at Amur should find export markets
- Russia part of the Belt and Road region, giving access to faster-growing markets
- China’s new five-year plan aims to boost self-sufficiency in chemicals
- China’s need for imported paraxylene (PX), styrene, polypropylene (PP) could disappear
- China will still need imports of polyethylene (PE) and ethylene glycol (EG)
- Chemical companies need to plan for impact of Belt and Road
- Europe titanium dioxide (TiO2) markets well supplied domestically and from China
- Healthy recovery in end use markets, though still below last year
- Shift to local supply chains for Europe TiO2 to minimise disruption and risk
- Need for closer analysis of market segmentation