Claim OwnershipICIS - chemical podcasts
Subscribed: 130Played: 11,754
Subscribe
© Copyright 2026 ICIS - chemical podcasts
Description
This podcast is brought to you by ICIS, a leading global price discovery service for the oil, energy, fertilizer and petrochemical sectors.
1301 Episodes
Reverse
Even if the current shaky ceasefire becomes permanent, the complexities of repairing and restarting chemical plants means global markets will have to wait 12-18 months for regional operations to return to normal. - Restarting chemical plants is complex and requires external technical experts who will be in short supply- Plant restarts require huge amounts of energy, which will overstretch power networks if multiple plants try to fire up- Logistics logjams will add further delays to restart plans- Personnel are no longer on site and will have to return- It will take 12-18 months for Middle East production to ramp up- Europe and Asia will be lucky to receive Middle East trade flows by the end of the year - Europe’s chemical industry could see a renaissance if industrial customers return to local sourcing- Europe is becoming cost-competitive again
LONDON (ICIS)--Butadiene prices have surged globally following Middle East supply disruptions linked to the US‑Iran conflict. Europe BD editor Melissa Hurley discusses the current market conditions and challenges facing the global market with editors Ai Teng Lim, Elaine Zhang and Senior BD analysts Gawaine Preston (Europe) and Ann Sun (Asia) and Preeti Sriram covering (US). Asia
Asian butadiene output losses could to deepen into April and beyond, as the ongoing Middle East conflict shows no sign of easing, limiting any near‑term recovery in regional BD production.
Synthetic rubber producers considering further production cuts in April given the ongoing tight supply and higher BD prices
Europe
Soaring naphtha costs pushed BD producer margins negative in March, resulting in a sharp triple‑digit rise in the April contract price - up 50% month-on-month
Export prices surged around 80% month on month in March
Tight availability amid planned BD/cracker turnarounds making it challenging to export volumes towards Asia
US marketUS BD prices also rising, but spot export supply remains tight due to outages and turnarounds
LONDON (ICIS)--Europe oxo-alcohols and derivatives markets are in significant flux as volatility spikes off the back of the ongoing conflict in the Middle East and associated severe shipping disruption through the Strait of Hormuz. Supply constraints and rising costs are heavily impacting sentiment into late March with sellers pushing hard for price increases across the board.Glycol ethers editor Cameron Birch speaks to oxo-alcohols and butyl acetate editor Marion Boakye and acrylate esters editor Mathew Jolin-Beech about market conditions and expectations for the near future.
Surging inflationary pressures and dwindling economic growth expectations are pushing parts of the global economy towards the kind of stagflationary footing seen during the 1970s oil crisis, while supply shocks and feedstock surges are starting to remap chemicals flows once again. · European chemical markets have flipped from oversupply to tightness· Supply disruptions in Asia and the need to source material may reduce flows to Europe· China is better-equipped to deal with the Strait of Hormuz closure than many of its neighbours· The crisis could prompt Asia Pacific players to re-evaluate their heavy reliance on Middle Eastern feedstocks· The US chemical industry is comparatively insulated and profiting from the turmoil: with abundant domestic oil, gas and cheap ethane· Economic sentiment is weakening as conflict-driven costs ripple through the global economy
SINGAPORE (ICIS)--The ongoing US and Israel-led conflict in the Middle East has disrupted crucial flows of naphtha feedstock to cracker operators across Asia.With about 60% of Asia’s naphtha imports typically sourced from the Middle East, the region remains vulnerable to widespread cracker run‑rate cuts and temporary shutdowns, with the effect cascading through the ethylene (C2) value chain.
Naphtha shortages force Asia producers to cut C2, PE op rates
Market participants look to China for alternative SM supply amid tightening availability
PVC margins hold firm on adequate inventories, steady downstream demand
This is the second installment of a two-part podcast.In part one, ICIS senior editors Josh Quah and Izham Ahmad examine how tightening feedstock availability is pressuring cracker operating rates and reshaping sentiment in the C2 and polyethylene (PE) markets.In part two, ICIS senior editor Luffy Wu and ICIS market analyst Jonathan Chou discuss how the disruption is filtering downstream into the styrene monomer (SM) and polyvinyl chloride (PVC) markets, and what participants can expect in the weeks ahead.
SINGAPORE (ICIS)--The ongoing Middle East conflict has disrupted crucial flows of naphtha feedstock to cracker operators across Asia. With about 60% of Asia’s naphtha imports typically sourced from the Middle East, the region remains vulnerable to widespread cracker run‑rate cuts and temporary shutdowns, with the effect cascading through the ethylene value chain.• Naphtha shortages force Asia producers to cut C2 and PE operating rates• Market participants look to China for alternative SM supply amid tightening availability• PVC margins hold firm on adequate inventories and steady downstream demandIn part one of this podcast, market editors Josh Quah and Izham Ahmad examine how tightening feedstock availability is pressuring cracker operating rates and reshaping sentiment in the ethylene (C2) and polyethylene (PE) markets.In part two, market editors Luffy Wu and Jonathan Chou discuss how the disruption is filtering downstream into the styrene monomer (SM) and polyvinyl chloride (PVC) markets, and what participants can expect in the weeks ahead.
In this episode of ICIS Chemical Connections, we unpack how geopolitical tensions have driven sharp divergence in methanol prices across Asia—and how that volatility is feeding through into the acetic acid market. We explore why China looks structurally different, where demand is failing to keep up outside China, and what this means for producers across the region.Key takeaways
Methanol shock drives regional divergence Supply exposure explains the widening price gap: China’s coal‑based methanol production has cushioned the shock, while import‑dependent markets in Northeast and Southeast Asia have seen faster and sharper price spikes.
Acetic acid rally is cost‑push, not demand‑led In China, acetic acid prices have lagged methanol as supply remains resilient and margins stay positive; outside China, higher offers linked to methanol are running into resistance from weak downstream demand—especially in VAM.
Asia ex‑China faces limited outlets as India demand strains Spot volumes freed up by VAM run cuts have flowed into India, but panic buying is fading, gas curtailments are weighing on downstream demand, and narrowing China–India arbitrage raises the risk of broader run‑rate adjustments.
Recycling Editors Sam Lovatt and Matt Tudball speak about the indirect impact the Middle East conflict is having on the recycled polymers markets in Europe, and why some markets such as recycled polyethylene terephthalate (rPET) and recycled low density polyethylene (rLDPE) are feeling the consequences much quicker than recycled high density polyethylene (rHDPE) and recycled polypropylene (rPP). Topics covered include:
Indirect impact of virgin polymer price rises
Reaction from recycled market participants
How rising fuel costs factor into recycled markets
Concerns about higher energy and production costs
Longer-term impact of the conflict on consumer spending
Europe sources far less of its chemical feedstocks from the Middle East than Asia, meaning it is more insulated from the direct impact of the war. - Europe naphtha markets much less dependent on Middle East than Asia- Europe only gets 30% of its crude from the Middle East compared to 60% for Asia- Opening of INEOS Project ONE ethane-based cracker may force closure of naphtha-fed crackers- Oil product markets have tightened faster than crude- Margins for oil refineries which can access crude oil are rising - Alternatives to bypass Strait of Hormuz limited – maximum 5 million barrels/day compared to 20 million barrels/day before the conflict - ICIS forecasts crude oil demand growth will plateau from 2028- Petrochemicals, aviation fuel will drive demand growth- Most advantaged refineries combine good feedstock supply, flexibility and market access- Other refineries will have to adopt innovative strategies to survive and thriveIn this ICIS Think Tank podcast, Will Beacham interviews ICIS senior analysts David Jorbenaze and Paolo Scafetta.
LONDON (ICIS)--The US-Israeli-led war against Iran has unleashed extreme volatility across chemical markets, with base oils prices rallying in the first half of March on the back of production woes, spikes in feedstock and shipping costs and supply chain disruption.The latest attacks are set to cripple the market as the hit on QatarEnergy's Pearl gas-to-liquids (GTL) facility is set to keep 2m tonnes of base oils offline for a minimum of a year.The ICIS Base oils team looked at the key drivers and what to watch out for next.Amanda Hay, Lucas Hall, Sophie Udubasceanu, Sam Wright, Michael Connolly, Michelle Liew, Olivia Dai and Whitney Shi discuss the global outlook for base oils.Additional reporting by Jean Zou and Lynn Tan
With Asian chemical producers forced to cut operating rates through lack of Middle East feedstocks, it is time for industry leaders to move to a more regional business model.- Chemical industry has relied for decades on global supply chains- Asia crackers forced to cut operating rates as Middle East raw materials dry up- “Just in time” stocks need to be increased to “Just in case”- CEOs may rethink, consider more local, less vulnerable supply chain options- World may regroup into three trading zones focussed on Americas, China/Asia, Europe- High levels of debt will make companies much more cautious- Trading, pricing of chemicals has become very complicated in chaotic upstream environmentIn this ICIS Think Tank podcast, Will Beacham interviews ICIS Insight Editor Tom Brown and Paul Hodges, chairman of New Normal Consulting.
Europe acrylonitrile butadiene styrene (ABS) editor Stephanie Wix, Asia ABS Senior Editor Angeline Soh, and Senior Data Analyst Yolanda Chen discuss the impact of the recently confirmed definitive anti‑dumping duties (ADD's) on ABS imports from South Korea and Taiwan, with host Aviva Zhang, Global Lead for Styrenics and Industry Analyst for Styrene China.The team examines how the duties are reshaping trade flows, the continued weakness in Europe ABS demand, the shifting strategies among Asian producers, and the indirect risks from rising geopolitical tensions on upstream styrene costs and freight routes.
European Commission confirmed definitive anti-dumping duties on 13 February 2026
Taiwan loses further European market share; China sees limited but growing opportunities
European demand remains subdued; buyers reassess import options
Asia sees seasonal demand improvement but lower overall 2026 growth expectations
US–Iran tensions may tighten styrene supply and extend import lead times for ABS and upstream styrene
SINGAPORE (ICIS)--Asia's naphtha inventories are rapidly depleting as the ongoing Middle East conflict disrupts crude flows through the Strait of Hormuz, a vital chokepoint through which around 20% of global crude supply passes.With crude oil exports from the Middle East constrained, naphtha resupply to Asia has tightened sharply. Estimates suggest Asian petrochemical producers are holding just two to three weeks of working inventory, raising concerns that prolonged disruption could trigger run cuts or even major shutdowns if replenishment fails to materialize.In this podcast, ICIS principle analyst Darryl Xu breaks down how the Middle East conflict is constraining naphtha availability to Asia, and the potential downstream impact on steam crackers across the region.
US-Iran conflict disrupts Strait of Hormuz, preventing Middle East crude exports
Asian producers adjust run rates to manage depleting naphtha inventories
Middle East refiners face pressure to export amid limited product containment
The Plastics Recycling Conference has just wrapped up at the end of February in San Diego, California, here is some key insights from the event. Podcast hosted by Senior Analyst Corbin Olson, joined by analyst team lead Andrea Bassetti and analyst Joshua Dill. Key topics covered include: - Shifts in supply and demand for recycled plastics - Impacts of imported recycled plastics on the domestic market- Insights into the pricing dynamics in the US plastics recycling market
ICIS experts discuss the immediate and longer-term impact of the Middle East conflict with rising prices likely to fuel inflation, hurting downstream demand. - Crude oil spike cushioned by reserves, “wait and see” attitude- Duration of war is the key to impact on all commodities- Oil prices could spike to triple figures, trigger talks to reopen Strait of Hormuz- Qatari LNG plant is biggest in the world and has been shut down- Around 20% of global LNG supply has been cut off - Power, carbon prices see changed dynamics- Record high sulphur prices may now move even higher- Other fertilizer prices rising, urea faces particular challenges- Supply shock ahead of planting season will pressure farmers- Food prices likely to rise- Chemical producers may struggle to pass on price hikes, pressuring margins- Lack of Middle East chemicals and feedstocks already hurting Asia, may impact Europe- Europe chemicals could gain if local customers return to more local sourcing during war Navigate to 01:24 for crude oil commentary, 09:43 for natural gas, 17:43 for power, 23:18 for fertilizers and 37:00 for chemicals. In this ICIS Think Tank podcast, Will Beacham interviews ICIS Insight Editor Tom Brown, ICIS head of oil markets Ajay Parmar, ICIS gas editor Ed Cox, ICIS power editor Andrea Battaglia, Andy Hemphill and Deepika Thapliyal from the ICIS fertilizer team and Tom Brown, ICIS Insight editor.
1SINGAPORE (ICIS)--Although upstream crude palm oil (CPO) and palm kernel oil (PKO) costs have risen in Asia, oleochemicals buyers are adopting a cautious stance, having largely stocked up prior to the Chinese New Year in mid-February, and are not under pressure to lock in near term shipments.The overlying sentiment is one where the oleochemicals prices will be under upward pressure regardless of whether demand is strong enough to support the price hikes, given the compressed margins from escalating upstream costs and spike in freight costs.In this podcast, ICIS senior editor Helen Yan breaks down the impact of the Iran war and escalating military conflict in the Middle East on the Asian oleochemicals markets.
Upstream CPO, PKO prices have risen amid the escalating tensions in the Middle East
Glycerine, fatty alcohols mid-cuts C12-14 spot prices revised up on higher upstream CPO, PKO costs
Players are monitoring the volatile situation, with buyers largely adopting a prudent stance
SINGAPORE (ICIS) – Asia’s base oils market is in a period of adjustment, with narrowing light–heavy grade spreads, rising regional supply and evolving trade relationships reshaping sentiment. Heavy-grade premiums in Group II have sharply corrected, while upcoming turnarounds may lend short-term support to lighter grades. New capacities across Singapore, India and Saudi Arabia are set to heighten competition, alongside China’s growing export ambitions and shifting geopolitical dynamics. Meanwhile, discussions around a potential US–India trade deal and India’s expanding crude sourcing options add further uncertainty to future cost structures and import flows.In this chemical podcast, ICIS editors Michelle Liew and Olivia Dai break down key takeaways from the 30th ICIS World Base Oils & Lubricants Conference and discuss how capacity expansion, changing trade patterns and policy developments are shaping the outlook for Asia’s base oils market.
Light–heavy grade spreads in Group II narrow sharply
New capacities in Singapore, India and Saudi Arabia expected to intensify competition
China’s structural export growth and evolving US–India trade relations to influence future trade flows
LONDON (ICIS)--Europe’s oxo-alcohols and derivatives markets have largely been driven by supply factors and upstream movements, as underlying demand remains subdued on continued wider economic weakness and geopolitical tensions.Oxo-alcohols and butyl acetate reporter, Marion Boakye, joins acrylate esters editor, Mathew Jolin-Beech, and glycol ethers editor, Cameron Birch, to discuss current conditions along the oxo-alcohols value chain.
Join Mark Victory, Senior Editor, Recycling at ICIS as he asks Valentijn De Neve, CEO of BlueAlp and president of industry association Chemical Recycling Europe, and Egor Dementev, ICIS EMEA recycling analytics team lead about mass balance accounting and the future of the chemical recycling industry following the publishing of the Single Use Plastic Directive implementing act.Key topics covered include:
Mass balance accounting rules and how the final version differs from the draft SUPD implementing act
The role of competition with other circular plastic routes and how it might shape chemical recycling's future
What success looks like for chemical recycling in 2026
ICIS assesses more than 100 grades throughout the circular plastic value chain globally – from waste bales through to pellets. This includes recycled polyethylene (R-PE), recycled PET (R-PET), R-PP, mixed plastic waste, agglomerates, pyrolysis oil and bio-naphtha. For more information on ICIS’ recycled plastic products, please contact the ICIS recycling team at recycling@icis.com
The UK chemical industry needs more swift and powerful regulatory support to save it from further erosion as production falls by more than half compared to 2021 levels. - 25 UK chemicals closures since 2021, country now only has one cracker- Massive social impact of closures, often in deprived areas- UK no longer produces some critical chemicals- Lost UK chemical production could reach 55-60% from 2021 levels- UK needs much more powerful government policy shift to save industry- UK chemicals sees toughest business environment for many years- Slight pick up expected in 2026- For 2026, chemicals output forecast to contract in US, tepid growth in Europe, China- India forecast 7% in chemicals output for 2026- More protection needed against China, which has moved up the chemicals value chain and subsidises productionIn this ICIS Think Tank podcast, Will Beacham interviews Stephen Elliott, CEO of the UK Chemical Industries Association and ICIS market development director John Richardson.
Download from Google Play
Download from App Store
United States
does your podcast have a text on your website?