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  1. Polymer Prices

    ... The cost of the key feedstock for polymers (LPG produced from associated petroleum gas and naphtha) has risen. Supply chains disrupted by the pandemic The COVID-19 restrictions of 2020 caused a number of logistical disruptions. According to IHS Markit, the unprecedented global logistical bottlenecks faced throughout 2021 show no signs of easing in 2022, with chemicals being one of the commodities most at risk of further disruption. The current delays in the global supply chain are by far ...

  2. Petrochemicals in facts and figures

    ... to normal utilisation rates, with aging equipment being one of the reasons behind such a sluggish recovery. Leaving aside new capacity built after the Shale Revolution, about half of the 79 PE facilities in 2015 were built before 1983, according to IHS Markit. Prices in Europe are soaring because of limited imports amid logistical challenges. The price growth in the second quarter – and in the first half of 2021 in general – can be explained by massive unscheduled stoppages throughout the quarter ...

  3. Special-Purpose Chemistry Trends

    ... GDP thus improving macroeconomic performance on a global scale. The onset of COVID-19 has propelled specialty chemicals used to directly combat the pandemic to explosive, market-leading growth. Where did the crisis hit? In the estimates of IHS Markit, companies producing chemicals for the oil and textile industries showed the biggest decline of about 25% in 2020. This is easily explainable if we recall the sequence of economic developments of the past year. At that time the oil industry ...