The global petrochemical industry is in its worst downturn in living memory, driven by weak demand, growing overcapacity and a loss of pricing power, according to BIMB Research.

As countries around the globe are setting ambitious targets to reduce their dependency on fossil fuels, many will remain reliant on oil and gas for petrochemical production for decades to come.

The TCEQ estimated that the loading and unloading of barges and other small vessels released 5.1 million pounds of volatile ...

An update from Braskem SA ( ($BAK) ) is now available. On December 30, 2025, Braskem S.A. announced that Fitch Ratings downgraded the company’s ...

As far as the petrochemical industry is concerned, the recession is here. Consumers faced with inflation have reduced spending on unnecessary goods such as toys, clothes and iced coffee made and ...

The petrochemical industry has submitted its "business restructuring plans" en masse, marking the completion of the first ...

According to the head of the National Petrochemical Company (NPC), achieving the planned expansion to 131 million tons of production capacity will require $26 billion in new investment, underscoring ...

Big booms and bracing busts are defining features of the oil and gas business, but rarely do experts give us a five-year warning to get ahead of the cycle. The petrochemical industry is the latest to ...

Industry groups representing chemical manufacturers argued the president should take economics into account when deciding whether to issue unprecedented exemptions from emissions limits for a pair of ...

The petrochemical industry has spent the past few years hard at work lobbying for state-level legislation to promote “chemical recycling,” a controversial process that critics say isn’t really ...

Local petrochemical companies plan to voluntarily reduce the combined capacity of their naphtha cracking centers (NCC) by up ...

Fewer still will be aware that a significant slice of the IRA funding is not going to projects for wind or solar or batteries or hydrogen development. Millions of IRA dollars are in fact going to fund ...