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  1. Global basic chemicals outlook

    The global basic chemicals industry has been experiencing an extended up-cycle. But the strong growth and elevated profitability appears to be threatened by developing economic headwinds. Basic chemicals for this discussion include ethylene, propylene, methanol, benzene, paraxylene, and chlorine. These six chemical products represent the basic building blocks from which a significant amount of durable and non-durable consumer goods are produced. Roughly half of these chemicals are converted into...

  2. Sustainable development agenda

    ... session titled Reaction Rates: Trends in the Global Chemical Industry. The session participants discussed the present-day trends in the world’s chemical industry, particularly digitalisation, virtual modelling of chemical processes, and demand for recycling. Mikhail Karisalov outlined that SIBUR is optimistic about the future of the petrochemical market, which reached USD 4 tn globally and USD 63 bn in Russia alone last year. He added, however, that its domestic pace of growth is insufficient,...

  3. What threatens the growing ethylene market?

    Strong consumer demand for everyday products from plastic packaging to clothing spurred the ethylene market growth. The market will expand by 3.4% annually, believes Vince Sinclair, Vice President of Chemical Research, Wood Mackenzie Chemicals. Ethylene is the most produced organic compound globally and the backbone of the processing industry. According to Alto Consulting Group's estimates, in 2017, the ethylene market achieved a growth of 2.6%. This surge has been driven by strong demand coupled...