LONDON (ICIS) – Here are some of the top stories from ICIS Europe for the week ending 13 January.
Sulfur market docks for Asian drought
Sulfur sentiment is broadly bearish as the market braces for lackluster demand from major Asian importers.
European chemicals production follows a mixed trajectory
Europe’s chemicals production had a mixed picture in November, with growth and contraction recorded in the region’s major manufacturing countries, according to EU statistics agency Eurostat.
High PC inventory in Europe, buyers warned, hopes for recovery are fading
Buying interest in the European polycarbonate (PC) market remains weak in early 2023.
UK chemicals need continued government support on energy costs to limit competitive disadvantage – industry body
The Chemicals Industry Association said it hopes for continued government support for UK companies struggling to compete with producers in other regions on lower electricity prices, less carbon pricing challenges and more supportive investment terms. I’m looking for
Scottish Challenge Raises Questions About Deposit Return Regimes
The challenges facing Scotland’s future Deposit Return Scheme (DRS) continue to grow, but recent industry data show that high recovery rates can be achieved without a DRS in place, suggesting that a DRS is better. It may raise the question of whether it is the only way to recovery.
Global IPEX fell in December
The ICIS Petrochemicals Index (IPEX) fell 1.3% month-on-month in December, with chemicals prices falling across all three regions.