Chemical

Methanol Overcapacity in the U.S. – An Opportunity for Buyers?

The U.S. methanol market has been under severe pressure over the last few years due to a significant increase in capacity; thus transforming itself from a net importer to a net exporter. The shale gas boom in the U.S. has kick-started a resurgence in petrochemicals and has resulted in massive expansions in methanol production which, in turn, is impacting the domestic and global markets significantly. Methanol production has more than doubled since the beginning of 2015 and has become a pivotal point of the global industry.

Asian Petrochemical Producers Prepare for the Middle East Wave

Petrochemical producers across Asia are preparing themselves for competition with a new wave of material from the Middle East that is expected to hit the Asian shore soon. As new Middle East production is targeted towards Asian buyers, Asian producers are investigating a range of feedstock and technology options to help them compete in terms of cost and to maintain a strong foothold in the already crowded global market.

Propane: Key Shifts in the U.S. Domestic Market

U.S. exports of propane have increased fivefold since 2011 and surged 10 percent in April 2016 as compared to last year. The increase in export activities has made the U.S. a dominant force in the propane market after the shale gas boom.

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