Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the world’s already fragile manufacturing economy.
A radical shift in the ethylene capacity world order is underway. Greater Europe, once the world’s leading regional producer with more than a quarter of capacity, has been overtaken by the Middle East, US and Asia.
The European Union has launched a number of plans to help reduce our material and energy footprint, from CO2 emissions reduction plans to its Circular Economy Package. A key challenge for the industry is how to integrate these goals within their current operational contexts and future investment plans whilst at the same time maintaining competitiveness and delivering value to society.
As the styrenics value chain, we are well aware of the ways our material is central to every day life, from food contact to healthcare applications, from home insulation to child safety in the form of bicycle helmets
Plastic straws, balloons, bottle caps, bags – we've all become familiar with the images of marine debris and the beaches strewn with plastic waste that has washed up on shore. But what about fishing nets?
Plastics waste had a prominent place at this year's Davos gathering of business and political leaders, and at least for a few of the CEOs involved, there was some hope that the next decade could see real progress.
One of the top environmental debates currently raging throughout the world is whether or not to ban the use of plastics. Though many a headline or blog may read as such, that is not entirely true, for nearly every facet of society is reliant upon plastics.