ICIS - chemical podcasts

ICIS - chemical podcasts

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ICIS - chemical podcasts episodes

  • Episode 1501: Think Tank: Europe chemicals in perfect storm, action needed now before it is too late: INEOS

    BARCELONA (ICIS)--Europe’s petrochemical industry is in steep decline and the region risks losing access to locally-produced critical raw materials unless stronger, faster action is taken by political leaders and regulators.

    • Increasing reliance in Europe on imported critical raw materials for healthcare, defence and industrial value chains
    • Europe chemicals faces existential threat
    • Middle East war gave temporary uplift in Europe, but now imports flowing from other regions
    • INEOS mothballing UK plants due to sky-high energy costs
    • INEOS Project One expected online towards the end of 2027
    • Little support and tough permitting environment in Europe
    • Much stronger protection needed from unfair imports, including possible global or regional import quotas
    • Create fewer but stronger regional leaders
    • In this ICIS Think Tank podcast, Will Beacham interviews Rob Ingram, CEO of INEOS Olefins & Polymers Europe, presdient of Plastics Europe and chairman of Petrochemcials Europe.

      56 min
    • Episode 1500: PODCAST: Europe oxo-alcohols, derivatives markets' cost uncertainty persists as 2027 contract discussions begin

      LONDON (ICIS)--Europe oxo-alcohols and derivatives markets continue to face high cost uncertainty and volatility as Q4 beckons. Sentiment in the market remains widely mixed after a subdued start to the autumn on the purchasing side. As 2027 contract discussions commence, there is a renewed focus on sourcing origin, particularly for products which were more exposed to Middle East origin export constraints this year, as well as the close attention being paid to anti dumping duty investigations still ongoing in some cases.

      Glycol ethers editor Cameron Birch speaks to oxo-alcohols and butyl acetate editor Marion Boakye and acrylate esters editor Mathew Jolin-Beech about current market conditions and expectations for the near future.

      15 min
    • Episode 1499: Think Tank: BASF merger with Evonik could create integrated regional leader

      BARCELONA (ICIS)--As Europe’s chemical industry battles for survival, a BASF tie up with Evonik could form a regional leader capable of competing in a chronically oversupplied global market.

      • Complementary portfolios could create integrated champion
      • Regional leaders offer scale and broader market resilience
      • Local-for-local manufacturing is replacing globalisation
      • European capacity closures reflect severe cost disadvantages
      • Global overcapacity may keep worsening through 2028
      • Political support remains essential for Europe’s chemical industry survival
      • In this Think Tank podcast, Will Beacham interviews ICIS Insight Editor Tom Brown and Paul Hodges, chairman of New Normal Consulting.

        23 min
      • Episode 1498: Think Tank: Fecc '26 - European distributors plug supply chain gaps as war drags on

        As the Middle East war continues, many chemical distributors in Europe are growing their sales and margins by helping customers maintain security of supply through this period of intense disruption.

        • Middle East disruption tightens global chemical supply
        • Higher uncertainty supports stronger distributor margins
        • Customers buy chemicals more on a hand-to-mouth basis
        • Stockholding helps distributors ensure reliable supply
        • Value creation outweighs volume growth in Europe
        • Local-for-local strategies gain importance amid geopolitical risks
        • China now holds nearly half of chemical capacity
        • European chemical capacity continues to shrink
        • Distributors cautious about new Chinese supplier relationships
        • Specialty chemicals demand deep customer partnerships
        • In this Think Tank podcast, Will Beacham interviews Paul Hodges, chairman of New Normal Consulting.

          Recorded after the 2026 European Association of Chemical Distributors (Fecc) annual congress in Vienna, Austria.

          18 min
        • Episode 1497: Hesitancy, US-Iran war overshadow Europe, Middle East, India PE/PP

          This year has seen record price highs, then plunging lows, as polyethylene (PE) and polypropylene (PP) were rocked by the US-Iran war and choppy Red Sea logistics disruption.

          After a brief hiatus, the European PE & PP podcast returns, as ICIS senior editors unpick what the Middle Eastern war has meant for September pricing and what we expect for the rest of the year.

          ICIS senior editor Vicky Ellis is joined by fellow senior editors for Europe, Ben Lake and Marta Fern, Middle East editor Nadim Salamoun and India market specialist Aswin Kondapally.

          38 min
        • Episode 1496: Middle East crisis threatens shortages, higher prices and inflation

          The spread of conflict across the Middle East threatens another period of extreme market volatility, as players face up to increasing disruption with strategic reserves much lower than at the start of the conflict. 

          • Seizure of the port of Mokha and Perim Island in the Bab Al-Mandeb Strait, threatens the closure a second key Gulf trade route
          • Global diesel supply critically short with Russian and Gulf refineries severely impaired
          • The magnitude of closed-off crude supplies and constrained oil product availability increases the risk of a 1973-74-style fuel crisis
          • Higher prices, tighter supply adds fuel to inflation, which could skyrocket over the next 12 months
          • Weaker US polyethylene margins and a slide back to negative margins in northeast Asia point to limited pricing power and weak demand 
          • Inflation and energy costs could further hit consumer demand as northern hemispheric winter approaches
          We also mark the passing of friend and contributor John Richardson. If listeners have memories of John they would like to share please get in touch at [email protected]

          25 min
        • Episode 1495: Think Tank: Rising gas prices will squeeze Europe chemicals, fertilizers

          Europe’s increasing reliance on LNG leaves chemical producers exposed to winter price and supply shocks as the Middle East war drags on.

          • Europe has become more reliant on LNG since Russia’s invasion of Ukraine in 2022
          • Russian gas market share has dropped sharply from up to 40% to below 10%
          • Strait of Hormuz closure has removed major Qatari LNG, representing 20% of global supply
          • European storage at record low levels in percentage terms
          • ICIS TTF prices increasingly reflect geopolitical risk premiums
          • Winter supply risks will rise if cold weather hits
          • Asia competition with Europe for US LNG depends on spot price spreads
          • Chemicals face renewed energy and feedstock cost pressure
          • Fertiliser margins remain highly exposed to gas prices, possible closures
          • In this ICIS Think Tank podcast, Will Beacham interviews Ed Cox, global LNG editor at ICIS. 

            24 min
          • Episode 1494: Europe oxo-alcohols, derivatives seasonally subdued amid Rhine logistics constraints

            The summer lull continued to limit spot business across Europe's oxo-alcohols and derivatives markets, while Rhine water levels fell to exceptionally low levels through much of August, disrupting logistics and restricting barge traffic. Although recent rainfall has provided some relief, Rhine logistics remain a key uncertainty as market participants turn their attention to the traditional late August-September restocking period.

            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.

            10 min
          • Episode 1493: PODCAST: How the US-Iran conflict is reshaping India's PE, PP markets (part two)

            SINGAPORE (ICIS)--India's dependence on polyethylene (PE) and polypropylene (PP) imports from the Middle East has made the country vulnerable to disruptions stemming from the ongoing US-Iran conflict.

            In this podcast, ICIS market specialist Aswin Kondapally discusses feedstock constraints on domestic production, how China has helped bridge supply gaps, and the shifting priorities of buyers navigating logistical uncertainty.

            This is part two of a two-part series.

            • PP imports from China surged to 45% in early 2026, supplementing SEA cargoes amid Mideast disruptions
            • Buyers prioritize shipment reliability over price amid logistics delays, freight uncertainty
            • Buyers hesitate to place new orders amid delays of previously booked cargoes
            • 10 min
            • Episode 1492: PODCAST: How the US-Iran conflict is reshaping India's PE, PP markets (part one)

              SINGAPORE (ICIS)--India's dependence on polyethylene (PE) and polypropylene (PP) imports from the Middle East has made the country vulnerable to disruptions stemming from the ongoing US-Iran conflict.

              In this podcast, ICIS market specialist Aswin Kondapally discusses feedstock constraints on domestic production, how China has helped bridge supply gaps, and the shifting priorities of buyers navigating logistical uncertainty.

               

              This is part one of a two-part series.

               

              • PP imports from China surged to 45% in early 2026, supplementing SEA cargoes amid Mideast disruptions
              • Buyers prioritize shipment reliability over price amid logistics delays, freight uncertainty
              • Buyers hesitate to place new orders amid delays of previously booked cargoes
              • 11 min

              About ICIS - chemical podcasts

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              This podcast is brought to you by ICIS, a leading global price discovery service for the oil, energy, fertilizer and petrochemical sectors.

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