Middle East & Africa

NEW YORK (ICIS)–Here’s Big Oil’s dilemma. Its main products are oil and gas, and the energy transition is rapidly under way. Utilities are building solar and wind capacity, EV battery plants are…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

HOUSTON (ICIS)–Resilient demand for fossil fuels from emerging economies could delay the world’s transition towards renewable sources of energy. Energy consumption for emerging markets is about a…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Asia’s benzene prices have been on an upswing since the start of the year, along with the general petrochemical complex, as an inflation bias appeared to have set into global…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)— Acrylonitrile-butadiene-styrene (ABS) markets are seeing supply tighten all around the world, while capacity expansions continue to be limited. In addition, polar storms in the US…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–The chemical industry is under intense pressure to ramp up recycling but is being held back by technology, poor collection and inertia over commitment to major investments….   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–The recent spate of outages in the US following the winter storm has disrupted supply for a host of commodities, causing prices of crude and other products to go up sharply. The…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Click here to see the latest blog post on Asian Chemical Connections by John Richardson. All the things made from petrochemicals have hugely added to our quantity and quality of…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–BASF performed better than its own forecasts had predicted in 2020, resisting the economic onslaught brought about by the pandemic, on the back of healthy operations in China and…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Click here to see the latest blog post on Asian Chemical Connections by John Richardson. There is a lot of focus on US production losses resulting from the severe winter weather and…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Bisphenol-A (BPA) markets are facing a supply crunch globally, exacerbated by unprecedented plant shutdowns. Just this past week, Hexion has declared a force majeure for both their…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east