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Rising interest rates, volatile exchange rates, high oil prices and plastic waste challenge aromatics industry

18 October 2018

Fears are rising about the risks of recession, as I discuss in a new one-page summary of the key issues facing the aromatics industry, ‘What does the future hold for Aromatics?‘.  Please click here to download it. These issues will also be key topics at next month’s 17th World Aromatics and Derivatives Conference, jointly organised with ICIS, […]

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US ethylene prices near all-time lows as over-capacity arrives

13 May 2018

US ethylene spot prices are tumbling as the major new shale gas expansions come on line, as the chart based on ICIS pricing data confirms: They began the year at $617/t, but have since more than halved to $270/t on Friday They are only around 10% higher than their all-time low of $240/t in September […]

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Sustainability now the key driver for plastics industry profits

11 December 2017

‘What is this block of waste plastic doing on an Arctic ice-floe’, thousand of miles from where it was manufactured?  Even more worrying is the question, ‘what will happen to it next?’  As David Attenborough’s ‘Blue Planet II‘ programmes have shown, plastic can break down into micro-particles after it has been used.  And these micro-particles […]

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Canada’s ‘waste plastics’ worth $792m/year as fuel

16 February 2013

Canada’s plastics industry has published important new research about the potential value of waste plastic.

At the moment, any plastic not recycled goes to landfill – which is both costly and negative for the environment. Now their new research sho…