The oil & gas and chemical industries are at an inflection point. For years, growth was a given, but a new era, one characterized by a structural decline in capital and operational spending, is starting to take shape. Recent trends of slowing oil demand growth, oversupplied markets, and shrinking chemical margins as shown in exhibit […]
Hear from our satisfied clients about their experience working with ADI Analytics. ADI collaborated on a broad market research project focusing on the EPC (Engineering, Procurement, and Construction) space for electric vehicles. While ample research existed on EV OEMs and charging networks, there was a notable lack of detailed data on the supporting EPC market. […]
ExxonMobil, Sabic choose new JV site Saudi Basic Industries Corp. (Sabic) and ExxonMobil Chemical Co. have selected Al-Jubail, Saudi Arabia, as the location of a new joint venture plant that will include plastic production. In a March 1 news release, officials with Riyadh, Saudi Arabia-based Sabic and ExxonMobil of Houston said they selected the site […]
Nizhnekamskneftekhim selects Spherilene process for new LDPE/HDPE plant Nizhnekamskneftekhim announced the selection of Basell’s Spherilene® polyethylene technology for a new 230 KT per year plant to produce linear low-density and high-density polyethylene. The plant is to be built in Nizhnekamsk, Republic of Tatarstan, Russia, with a start-up planned for 2007. According to Basell, the new […]
My Turn – Commentary on Global Polyolefins and Elastomers – Dr. Balaji B. Singh Conferences serve a vital role in keeping up with the latest developments and interacting with colleagues who have the same goals and objectives in mind. We don’t understand what it is with the organizations. The marketing/salespeople who have the money are […]
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The global human population reached 8.0 billion in November 2022. According to the U.N., it is expected to further expand 0.7% annually to 9.7 billion in 2050. Keeping pace with the population growth is the global GDP growth expected to grow 2.2% annually through 2050. These key drivers will result in significant growth in construction […]
Chemical Industry Summary The financial community’s consensus estimates for US chemical companies indicates that they are expected to reportQ1earnings most reports will be flat with last year. Companies leveraged to the olefins/polyolefins chain are seeing a relatively strong, but lower margins. Improvement is expected from US companies that are leveraged to the chlor-vinyl’s chain (including […]