Petrochemicals

Sep 23rd, 2016

Petrochemical industry of Iran invites big investments from abroad

The largest sources of foreign exchange earnings in Iran are oil and the petrochemical industries. Prolific stocks of raw materials offer Iran great prospects to become the major petrochemical manufacturer and supplier in the Persian Gulf. In 2015 exports of the petrochemical industry in Iran amounted to nearly $ 13 billion. According to the Minister […]...

Sep 2nd, 2016

Iran’s petrochemical opportunities

TEHRAN, also commonly known as FNA, is Iran’s petrochemical industry that was originated near the city of Shiraz nearly fifty years ago. For these last fifty years, Iran’s petrochemical industry has been very unsustainable and experiences quite many jolts. However, in the1990s and 2000s the industry acquired the outputs that added up to over 60 […]...

Apr 25th, 2016

Chemical and biomass production impact global screw conveyors market

The analysts from a major technology research and consulting company Technavio predicts considerable advancement of global screw conveyors market within the next 4 years. Screw conveyors are widely applied in food and beverage, cement, mining, and wastewater industries. The increase in demand for food and beverage and solid waste disposal producers will lead to 3.5% […]...

Sep 12th, 2011

Global MDI Demand to Outpace Total World GDP Growth According to Merchant Research & Consulting, Ltd.

LONDON – Global methylene di-p-phenylene isocyanate (MDI) demand indicated considerable downward slips during the crisis period, which largely rested on the trends in such large-scale industries as energy, automotive and construction segments. With the revival here, considerable new infrastructure projects, and government back-up packages the MDI market has again caught the wave. The global demand […]...

Sep 8th, 2011

MTBE Utilization Level Rests at 75% Due to Phasing-Out Process According to Merchant Research & Consulting, Ltd.

LONDON – Methyl tertiary butyl ether (MTBE) is being phased out in most developed regions of the world, including North America, Western Europe, and some Asian countries. Its contaminative harm has long been a major concern for environmentalists. As a result a ban on MTBE usage in gasoline industry entailed slumping demand level across the […]...

Sep 6th, 2011

Environmental Sentiments & High Feedstock Costs Put Pressure on DOP Marketers According to Merchant Research & Consulting, Ltd.

LONDON – Dioctyl phthalate (DOP) producers from the advanced economies are facing a challenging period. Just as the whole plasticisers industry, dioctyl phthalate segment of the chemical market has been adversely affected by the pressure coming from environmentalists. The material is a subject to be phased out in case no authorization is acquired until summer […]...

Sep 2nd, 2011

Demand Growth for 2-Ethylhexanol to be Weak in Developed Economies as Contrasted to China According to Merchant Research & Consulting, Ltd.

LONDON – The plasticiser dioctyl phthalate (DOP), being the key application market for 2-ethylhexanol, impacts the consumption and supply of the latter to a large extent. Today much sentiment coming from health and environmental institutions forms a strong opposition to the use of DOP in many applications. As a result the demand for 2-ethylhexanol is […]...

Sep 1st, 2011

Major Perchloroethylene Producers Use Opportunities Offered by Tight Chinese Market According to Merchant Research & Consulting, Ltd.

LONDON – The Chinese perchloroethylene (PCE) market is growing at fast pace. The boosting demand is hardly met by the supply volumes. The supply limitations on the market give way to major international perchloroethylene producers to expand their presence in China and launch new projects in this sector. At the same time the developed economies […]...

Aug 31st, 2011

Total Global Annual Growth Tempo of MEK Demand to Reach 1.9% According to Merchant Research & Consulting, Ltd.

LONDON – Coatings and paints industry remains the key consumers of methyl ethyl ketone (MEK). More than 50% of the demand at the global MEK market comes from these industries – a trend that makes MEK largely dependent on automotive, furniture and electrical products industries. With the recession being over the gloomy times for MEK […]...

Aug 25th, 2011

New Green Technologies to Boost Epichlorohydrin Production in China According to Merchant Research & Consulting, Ltd.

LONDON – Total global epichlorohydrin market is reported today to be relatively balanced in terms of supply and demand. Asia and Eastern Europe remain the key importers of the material and most prominent and open for the market development. The demand for epichlorohydrin is expanding extremely fast in Asia, especially China, which is driven by […]...

Aug 22nd, 2011

Electronic Industry is Key Driver for Global MMA Market According to Merchant Research & Consulting, Ltd.

LONDON – Demand on the global methyl methacrylate (MMA) market slumped considerably during the crisis period of 2008-2009 in all the matured markets. Nevertheless the sustainable demand levels have been rescued by the healthy consumption rates in the developing countries of Asia-Pacific, Middle East and Latin America. Thus the slow demand growth in the West […]...

Aug 18th, 2011

Dimethyl Terephthalate Market to Retain its Vulnerability According to Merchant Research & Consulting, Ltd.

LONDON – Dimethyl terephthalate (DMT) market still retains its vulnerable state. The global consumption of the material has been in decline by approximately 0.5% for the last 5 years. The key factor causing this trend is the escaping competitiveness and tough market competition coming from substitutes. In a number of application areas PTA replaces DMT […]...

Aug 16th, 2011

Small Acrylonitrile Demand Growth Expected in Foreseeable Future According to Merchant Research & Consulting, Ltd.

LONDON – Small demand growth rates and surging feedstock prices have entailed a number of development trends on the global acrylonitrile market. Poor demand led to vast facilities closures in the developed countries of Europe and North America. That made the acrylonitrile market well-balanced, which is a new state for the industry that suffered oversupply […]...

Aug 9th, 2011

Maleic Anhydrite Market Witnesses Imbalance Due to Capacity Expansions According to Merchant Research & Consulting, Ltd.

LONDON – The global maleic anhydrite (MA) market is experiencing major shifts nowadays. Firstly, the shift of end-use markets is having a large-scale impact on its development. Traditional MA application fields give way to novelties that are posed to drive market growth and demand in future. At the same time growth is the strongest in […]...

Aug 4th, 2011

Chinese Demand & Production of Nitrobenzene to Retain High CAGR According to Merchant Research & Consulting Ltd.

LONDON – The nitrobenzene market is a highly dependent field. The market trends and its development is influenced primarily by the demand for aniline and aniline derivatives, the largest end-use industries of nitrobenzene, and by the benzene market and benzene availability as the source material for nitrobenzene. It is notable that the global benzene market […]...

Aug 3rd, 2011

Middle East – Strong and Competitive Importer of Ethylenebenzene According to Merchant Research & Consulting, Ltd.

LONDON – The world ethylenebenzene market is witnessing slight changes in its progression rates and a major geographical shift of the regional market balance. The demand on the global market arena is forecast to brake off vividly, by around 0,5-1% in the coming years. However most of the demand growth impetus is undeniably coming from […]...

Jul 27th, 2011

TDI Market Landscape to be Defined by Appreciable Price Fall According to Merchant Research & Consulting, Ltd.

LONDON – TDI markets in the developed regions of North America and Europe are demonstrating relatively balanced development. The demand on these markets remains moderate in some segments like automotive industry and for other end-use applications it stays not overly exciting and at times lackluster. Although toluene in the upstream markets showed increases in pricing, […]...

Jul 21st, 2011

Global Propylene Oxide Market Saw Revival Starting with 2011 According to Merchant Research & Consulting, Ltd.

LONDON – The global financial recession tuned out to be rather troublesome for the world propylene oxide market – much capacity was idled during 2008 and 2009. The trading activity fell by 5-6% and the interest in the material was also sluggish. The year of 2011 is marked by some positive growth trends for the […]...

Jul 19th, 2011

Chinese Cyclohexane Industry to Drive Global Growth Rates According to Merchant Research & Consulting, Ltd.

LONDON – Cyclohexane market is actually driven by the Chinese market, namely, its fast pace of economic development and vast production capability for finished goods. On this market the demand for nylon fibres remains strong and is projected to be the primary focus for investments along with cyclohexane industry in other Eastern countries like Saudi […]...

Jul 18th, 2011

Demand from Key Terephthalic Acid End-Use Markets on Rise According to Merchant Research & Consulting, Ltd.

LONDON – The upward trend on the global terephthalic acid market was drastically hit by the recession. The growth rates of 7-8% were forced down by the steeping demand from PET resins and polyester fibre. Today the demand from key terephthalic acid end-use markets is on the rise, some of the areas demonstrating significant growth […]...