Commodity Chemicals Market Insights Focusing on Primary Trends until 2028

| May 28, 2019

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The commodity chemicals are foreseeing a rise in the market growth because of the economic expansion and rising gross domestic product (GDP) of developing and developed countries worldwide. The worldwide market for commodity chemicals is segmented into organics, petrochemicals, plastics, explosives, resins, synthetic rubbers, films, fibers and inorganics. These segments comprise several types of chemicals, for instance, acetic acid, methanol, propylene, polyvinyl chloride, hexane, benzene, melamine, methyl, acetone, glycol, esters, glycerines, adipic acid, butyl acetate, bisphenol, butanediol in addition to butadiene.

Spotlight

Ionis Pharmaceuticals, Inc.

Ionis Pharmaceuticals, Inc., located in the North San Diego County city of Carlsbad, was founded in 1989 to create advanced, novel medicines to treat complex and challenging diseases. We are the pioneer in the discovery and development of antisense drugs with more than 1300 patents. Ionis is a challenging, motivating and rewarding environment designed to foster innovation and scientific excellence. Our founding goals have changed little in over 27 years and our success is a direct result of our outstanding employees. We are interested in bringing together individuals with different skill sets into this creative environment to be part of a productive team. Join us and experience our unique culture while you develop and expand your career.

OTHER ARTICLES

The supply-chain inflation threat to petrochemicals demand

Article | May 9, 2021

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

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We need a global agreement that sets targets for reducing plastic waste

Article | May 9, 2021

What follows is an entirely personal take on the challenge of plastic waste and does not represent the views of ICIS or any other expert opinion I have sought out. The views are put forward in the spirit of debate as we move forward, as an industry, to solve the crisis of plastic waste.

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What are Fine Chemicals & Why you should Outsource its Production

Article | May 9, 2021

Fine chemicals are those which are produced with a very high standard of purity and are intended for use in specialized applications. If you are starting a new company or investing into the development phase of a new product, outsourcing the production really makes good sense. This safeguards you and your business from the financial losses suffered out of halting the production of a product unevenly. A single substance created with the assistance of chemical reactions, which is additionally integrated into highly evolved applications is called a fine chemical. In contrast to bulk chemicals that are produced in large quantities, fine chemicals are produced in small batches because of their specialized nature. They are mainly used as starting materials for pharmaceuticals, agrochemicals & biopharmaceuticals.

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What the Coronavirus could mean for the global petrochemical industry?

Article | May 9, 2021

Coronavirus (covid-19) has developed rapidly and is already impacting significant parts of the global economy. Within this context the petrochemical industry is also being severely affected through short-term market uncertainties, pricing volatility and declining consumption in many of its key segments. The most visible outcome is emanating from China where economic activity has declined sharply in February and is forecast to remain low over the next few months. The effect of China’s economic slowdown is now resulting in consequences in other regions – “when china sneezes, the whole world catches a cold”.

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Spotlight

Ionis Pharmaceuticals, Inc.

Ionis Pharmaceuticals, Inc., located in the North San Diego County city of Carlsbad, was founded in 1989 to create advanced, novel medicines to treat complex and challenging diseases. We are the pioneer in the discovery and development of antisense drugs with more than 1300 patents. Ionis is a challenging, motivating and rewarding environment designed to foster innovation and scientific excellence. Our founding goals have changed little in over 27 years and our success is a direct result of our outstanding employees. We are interested in bringing together individuals with different skill sets into this creative environment to be part of a productive team. Join us and experience our unique culture while you develop and expand your career.

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