BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR PRIVACY & COOKIE NOTICE
X
Skip Navigation LinksHome|News & Analysis|Videos| Europe 2018 petrochemical outlook: competitiveness, trade flows and new challenges

Commodity Pulse video


Europe 2018 petrochemical outlook: competitiveness, trade flows and new challenges

With Simon Thorne, Luke Milner, Sam Hashmi

January 31, 2018 14:25:33 EST (7::32)

With new crackers set to come online in the US in 2018, cracker margins and remaining competitive will be at the forefront of European producers' minds during the year.


Meanwhile, supply dynamics are set to be a determining factor for both styrene and methanol in 2018.


While styrene is set for price increases as supply tightness looms on the horizon, methanol faces the prospect of a possible supply glut amid anticipated new capacity start-ups in the US and Iran.


In the opening weeks of 2018, one highlight has been the numerous new initiatives for reducing the use of plastic and increasing plastic recycling in Europe. However, ongoing questions around the impact of China's ban on waste products continue to haunt the market.


From new US capacities to Chinese regulations, the opportunities and challenges on the horizon for Europe's petrochemicals markets are discussed by S&P Global Platts global content director, petrochemicals Simon Thorne, associate editor Sam Hashmi and associate editor Luke Milner.

Platts Email


Download S&P Global Platts: European Petrochemical Outlook H1 2018

Higher crude oil prices and rising imports will be among the key drivers of European petrochemicals in 2018. Producers are braced for upstream cost increases and global competition, while buyers may face a challenging first half of the year as planned outages in the coming months tighten availability before new supply from competing regions arrives on European shores.

This special outlook report takes a look at the themes expected to shape markets in Europe for the year ahead.

Download report




Video Requirements

Download Flash plug-in


Copyright © 2018 S&P Global Platts, a division of S&P Global. All rights reserved.