Podcasts about petchems

OPEC's announcement last week of plans to gradually increase production underlines growing  bullishness on the economy, but is the latest bid by the cartel to balance crude markets after years of trying, as peak oil approached. At the same time, a huge new investment deal agreed between China and Iran is expected to integrate the Middle Eastern player into the Belt and Road initiative, further shifting global petrochemicals power balances.

In this podcast, ICIS Senior Reporter Nurluqman Suratman speaks with Felicia Loo on the current macroeconomic developments supporting the majority of Asian petrochemical markets. Asia's petrochemicals are jazzed in light of a growing global economic recovery and vaccinations underway in many parts of the world, which help stoke market confidence. Sentiment was upbeat following news of US President Joe Biden who signed into law on Thursday a $1.9tr stimulus package that will provide support to the economy amid the downturn brought on by efforts to mitigate the coronavirus (COVID-19) pandemic.

Chris Fournet from Vector Controls and Automation Group joins host and Questtec Solutions sales professional, Ben Coutee, and Questtec Solutions engineer, Owais Arshad, to discuss GWR (guided-wave radar) solutions within a refinery and how Questtec utilizes the technology as a part of our package. The team also provides some GWR troubleshooting tips.

Coronavirus is accelerating the shift from a linear to circular economy, putting $400bn in petrochemical investments at risk or redundancy. - “Peak Plastic” reached on switch from linear to circular economy - $400bn in petrochemical investments may become redundant - No deal Brexit increasingly likely from January 2021- Chemical companies must ensure they and their suppliers are ready- Must understand complexity of customs procedures, rules of origin requirements- Extra time for UK Reach compliance welcome but questions over data access- Suppliers/manufacturers may withdraw from UK market- Coronavirus means more companies may cut UK and focus on larger EU27- China polyester recovery is supply, not demand-led- Pessimism on export demand for Christmas/Thanksgiving - Only weak bounce back evident in petrochemicals- Pandemic hurting emerging nations badly, could take a generation to recoverListen to this podcast interview with Paul Hodges, chairman of International eChem; John Richardson senior consultant, Asia for ICIS and Nigel Davis, ICIS Insight editor.

BP's decision to sell the bulk of its petrochemicals assets raises questions over the narrative that the sector as a saviour of the oil and gas industry, as some players start to look beyond the hydrocarbon era.Also discusses the recent rise in coronavirus infection rates, China's imminent move to polypropylene independence, and paradigm shifts in the pandemic.ICIS deputy Europe news editor Tom Brown talks to Paul Hodges, chairman at consultancy International eChem; John Richardson, ICIS Senior Consultant, Asia; ICIS Insight Editor Nigel Davis.

Falling values for naphtha are stimulating margins for some petrochemical manufacturers, as COVID-19 sends people rushing to buy hand sanitizer and disposable plastics. Naphtha reporter Evridiki Dimitriadou and petrochemicals reporter Ora Lazic discuss the winners and losers at the top of the barrel and beyond with Joel Hanley.

With COVID-19 lockdowns in Europe rapidly bringing the petrochemical demand into a lull, pressure on the upstream naphtha market has become two-fold in the recent weeks. Travel restrictions and the progressive loss in demand from the petrochemical sector have added extra weight. S&P Global Platts ethylene and naphtha editors look closely at the cycle of events since the coronavirus breakout.

Petrochemical editor Lara Berton interviews lead petrochemical analyst Hetain Mistry about the latest S&P Global Platts Analytics Global Polyolefin Outlook, discussing the short, medium and longer term key market dynamics and price outlook for ethylene, propylene, polyethylene and polypropylene.

The US-China trade war has taken a number of twists and turns since July 6, when the US and China put into place 25% tariffs on $34 billion of each other’s goods. Most recently the two sides agreed to a 90-day truce, during which both sides will refrain from increasing or introducing any new...

The number of factors hampering trade of Venezuelan HBI seems unlimited, and its relevance to the global industry is disappearing as it has been working at much-reduced rates for years. Moreover, reduced steel production and raw material demand from its main consumers -- Italy and Turkey -- may...

Trading relationships are top on the minds of many in Europe, especially with the evolving trade tensions between China and the US, and Brexit. In the longer term however, population megatrends, feedstock developments, and innovative technologies underpin growth in the industry, with sustainability...

The European paraxylene market is seeing significant changes this year as fundamental shifts in global demand and supply yield opportunities and challenges for the region. The start-up of a new downstream PTA plant in Portugal has placed the region in a net short position, and Europe will now have...

The European polyethylene terephthalate market is set to face a supply drought in the foreseeable future amid lingering scarcity of feedstock purified terephthalic acid in the region. With the peak summer demand season nearing, S&P Global Platts managing editor for EMEA petrochemicals, Ng...

Abdulrahman S. Al-Fageeh, SABIC Executive Vice President - Petrochemicals, joins S&P Global Platts Editor Frank Zeng in this episode of the Platts Commodities Spotlight podcast, recorded at the ChinaPlas Conference 2018, to talk about company updates, the implications of the trade tension between...

The surging prices of polyethylene in Asia are keeping Europe's prices flat despite abundant supplies being available in the market. With US exports widely expected to further increase supply availability in Europe in the coming months, the continents polyethylene prices look set to come under...

Is peak oil demand a myth? Capitol Crude goes to Georgetown University to debate how electric vehicles, technology, policy and petrochemicals (and more) will influence whether demand for crude oil will peak around 2030.Senior oil editor Brian Scheid fields arguments about the economics, policy...

Joel Hanley, S&P Global Platts senior director EMEA oil, and Iain Stevenson, managing editor EMEA light ends, discuss this summer's firm propane fundamentals during a time when prices would traditionally drop. Is the alternative steam cracker feedstock about to face an unconventional winter...

Russia's recent focus on diversifying its export markets in Asia dovetails with plans by many countries in the region to expand refining capacities, which is reflected in a growing number of joint projects agreed recently.S&P Global Platts managing editor in Moscow Nadia Rodova discusses how...

The polyethylene terephthalate market saw prices spike at the beginning of August when Lotte declared FM at one of its two plants in Wilton, UK. S&P Global Platts editor Sarah-Jane Flaws details the current situation and the expectation over the coming months.We welcome any feedback or...

Following the July 29-31 fire and subsequent leak at Shell's Pernis refinery in the Netherlands –- the largest in Europe and a key petrochemicals hub –- S&P Global Platts editors discuss the impact of this major incident on the region's oil and petchems markets; and assess how...

Tom Crotty, director of European petrochemical company Ineos talks about its recent expansion plans underpinned by the need for more ethylene and propylene in Europe. The plans include a new propane dehydrogenation unit in Europe and expansion of ethylene capacity in Rafnes, Norway and Grangemouth,...

The Turkish polyethylene market faces tough times ahead due to the combination of a resurgent lira, high Asian polyethylene stocks, weak domestic demand and rising supplies from both east and western markets. S&P Global Platts North Africa and Turkey petrochemicals editor Daved Chohan and...

Expectations are rife of an introduction of consumption taxes on mixed aromatics into China. But will this change the face of the European blending components market? Yuriko Kato, petrochemicals EMEA editor, explores this subject with the aromatics senior specialist, Sam Hashmi, and the gasoline...

It was another busy International Petrochemical Conference from the American Fuel & Petrochemical Manufacturers in San Antonio, and our editors and analysts share what they learned from various conversations about olefins, polymers, aromatics and intermediates. John Calton, managing editor for...

Last year, CSX's chemical segment surpassed coal as the railroad's largest revenue generator as it and other railroads are moving more resin and years of polymer production growth is coming. Kristen Hays, petrochemical analyst, examines how railroads are looking to fill space where coal revenues...

Mike Boswell, chair of the Brexit Committee at the British Plastic Federation assesses the challenges for an import dependent UK plastics industry post Brexit. UK converters face legislation changes, currency volatility and uncertainty in demand as the UK moves towards leaving the European Union.We...