WEBINAR - What is the latest outlook for the global polyolefins industry?
Note, this Webinar was held on March 10th - if you missed it Contact Us for further information.
We will be hosting a webinar focused on the global polyolefins markets under the turbulent operating environment of the COVID-19 pandemic and would like to invite you to attend.
We will be hosting two sessions:
Wednesday, March 10 - 10AM GMT
Duration: 45 minutes
Wednesday, March 10 - 1.30PM GMT
Duration: 45 minutes
Global polyolefins demand has maintained two percent growth in 2020. The resilience has been demonstrated by its use in consumer and medical packaging, as well as personal protective equipment (PPE) that are essential to the COVID-19 response. The pandemic crisis exacerbated the downturn in the automotive and construction sectors that however experienced some recovery in the second half of 2020.
Looking beyond the conventional polyolefins, the performance in metallocene grades is particularly noticeable that includes polyolefin elastomers (POE). Resilience in bimodal HDPE is also demonstrated by improved performance aspects. Due to its engineering properties, ultra high molecular weight polyethylene (UHMWPE) exhibited healthy growth in medical and battery applications.
Global operating rates were maintained in 2020, but are expected to decline over the next few years due to limited demand growth and new capacity coming onstream. Plastics’ use in PPE slightly redeemed public perception through 2020, and anti-plastics sentiment occupied less public and media attention than at the beginning of 2020. However, low oil prices made recycling economics more challenging, and COVID-19 contamination concerns and labour restrictions reduced collection and sorting capacity.
This Webinar will address key questions:
- How has COVID-19 impacted the polyolefins industry through 2020? What recovery is expected in the short to medium term and what are the regional trends?
- What trends are influencing supply and which regions are currently investing in new capacity?
- With increasing protectionism, how is global trade likely to evolve?
- Longer term, how will recycling influence polyolefins markets?
- How have turbulent energy markets impacted production costs of polyolefins through 2020?
- How have volatile markets shaped profitability of polyolefins through 2020? Where does the margin lie in the value chain?
Find out more...
View details of our Market Analytics: Polyolefins - 2020. which gives details analysis and forecast to 2045 of supply and demand of the global polyolefins markets, including low density polyethylene (LDPE), linear low density polyethylene (LLDPE), high density polyethylene (HDPE) and polypropylene.
About the Presenters
Xuesone Peng, Market Lead
Xuesong has 15 years industry experience, having led and performed a wide range of consulting engagements on petrochemicals and polymers and extended value chains. Recently, Xuesong assumed a managing role in NexantECA subscriptions and reports.
Andrew Powell, Profitability Lead
Andrew has 20 years of experience analysing petrochemical industry performance with Nexant. He is an expert in assessing production economics and preparing price forecasts spanning the full petrochemical industry value chain, from refinery to specialty chemicals.
Andrew leads development of Nexant Subscriptions analysis of profitability and pricing across the global petrochemical industry.