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...your source of expert chemical industry knowledge

TECNON ORBICHEM

Your Source of Expert Chemical Industry Knowledge

Tecnon OrbiChem has been a leader in providing data and analysis to the petrochemical industry since 1976. We are now one of the world's foremost marketing consultancies to the bulk chemicals, petrochemicals and plastics industries. We specialise in Chemical Intermediates, Synthetic Fibres and Resins.

Tecnon OrbiChem provides independent, expert assistance on projects and strategic issues. We offer a unique combination of up-to-date market information and in-depth analysis through monthly business reports and proprietary databases.

Market Highlights

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Epoxy Resins & Co-Reactants
25 September 2020 Issue Number 048
  • Hexion and Olin announce epoxy resins price increases for October
  • European and US LER prices roll over in September
  • Chinese LER prices significantly increase on strong demand and rising feedstocks
  • Hexion announces 2 c/lb increase on BPA from 1 October
  • Chinese BPA values climb due to tight supply and new polycarbonate capacities
  • ECH values in China soften as increased operating rates improve availability

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Caustic Soda
25 September 2020 Issue Number 481
  • US contract prices fall by $15/ton in August
  • In Brazil, local production of caustic soda remains low
  • Maintenance in Northwest Europe causes tightness and lack of exports
  • South Korean and Japanese exporters had to cut offers to $180-190/ton fob
  • Formosa Plastics restarts its 1,300 ktpa caustic soda plant
  • Chinese producers prefer to sell in the domestic China market

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PET Packaging Resin
24 September 2020 Issue Number 287
  • Polyester chain producers struggle with supply/demand and inventory issues
  • Start-up issues at Yizheng mitigate PIA over-supply and price competition
  • MEG China around $470/ton cfr amid stable demand and new domestic production
  • Ethylene firms up $100/ton in China, stable in Europe, up 2.25 c/lb in the US
  • Tight MEG market in Europe. ECP not settled for September, fca above €700/ton
  • Hurricane Laura causes PET trade flows to be are reorganised in North America

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