Webinar - How has increased volatility affected the major petrochemical value chains?
Note, this Webinar was held on the 4th November - if you missed it Contact Us for further information.
The global petrochemical industry was already entering a challenging operating environment by the end of 2019. Faltering confidence in the global economic outlook curtailed demand, and deteriorating global trade relations added to downside risks. Profitability fell heavily in the second half of 2019.
The spread of the COVID-19 pandemic abruptly stalled demand for many products in the first half of 2020. A sharp fall in crude oil prices was ahead of collapsing downstream petrochemical prices. The impact of frail markets swiftly became more apparent in the second half of 2020 and margins retreated towards a floor as crude oil prices rebounded to a more sustainable price point.
There have been rapid changes and increased volatility, but have the longer term market fundamentals also changed? Join NexantECA as we discuss the major petrochemical value chains below:
November 4th - 10am to 11.45am
- 10:00 AM - Welcome and introduction
- 10:05 AM - NexantECA Methodology
- 10:20 AM - Olefins
- 10:35 AM - Polyolefins
- 10:50 AM - Aromatics
- 11:05 AM - Propylene Derivatives
- 11:20 AM - Methanol Derivatives
- 11:45 AM - Close
Why attend this webinar?
- Learn how to best apply NexantECA’s methodology and price forecasts into your own company’s modelling and analysis.
- Learn how NexantECA’s reports and data and can inform and complement your company’s longer term strategies.
- Hear an overview of key petrochemical markets; the major events so far and the outlook ahead
- Ask the team the questions that matter to you
NexantECA has published its 2020 Profitability and Price Forecast reports. The analysis provides long-term profitability and price projections to 2045 for the major price setting regions under three distinct crude oil scenrios. NexantECA’s robust price forecasting methodology consolidates the many price influences in petrochemical markets.