Monthly Archives: August 2024

Most Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD

Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.

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Iran’s Petrochemical Exports Expand in the First Half of 2024.

Methanol, polyethylene (LDPE and HDPE) and mono-ethylene glycol were Iran’s leading petrochemical exports (excluding liquefied gases) in the first half of 2024. Shipments of each were up versus the same period in 2023, mainly on increased exports to China.

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Petrochemical Trade – Turkey Aims to Accelerate Free Trade Negotiations with the GCC, Potentially Impacting 1.8 Million Tons of Polyolefin Imports – International Trader Publications

Turkey imported 668,000 tons of polyethylene and 1.1 million tons of polypropylene from the GCC in 2023. The duty rate was 6.5% on virtually all grades.

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Petrochemical Trade – India’s Adani Group to Add PVC Capacity by 2026 – International Trader Publications

Adani Enterprises reported plans for 2 million tons of new PVC capacity in Mundra, Gujarat, with startup of 1 million tons, in phase one, by December 2026. India’s imports of PVC have trended upward in recent years, hitting a high of 3.2 million tons in 2023. The new PVC plant would be the Adani Group’s, a diversified organization with a world-class transport and utility infrastructure portfolio, first petrochemical venture.

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