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petrochemicals

3 stories related to this topic, newest first.

Iran War Triggers Plastic Shortage in Asia, Affecting Industries and Supply ChainsCEphoto, Uwe Aranas / Wikimedia (CC BY-SA 3.0)
finance3 hrs agoDeveloping

Iran War Triggers Plastic Shortage in Asia, Affecting Industries and Supply Chains

The ongoing Iran war has disrupted oil supplies, leading to shortages of plastics in Asia. This affects products like medical equipment and food packaging, with prices rising significantly. Experts suggest companies may diversify supply sources to mitigate risks.

Fortune
1 source
Wanhua Chemical Reports Q1 Earnings Growth and Overseas Expansion Plansgurufocus.com
finance15 days agoDeveloping

Wanhua Chemical Reports Q1 Earnings Growth and Overseas Expansion Plans

Wanhua Chemical, a major Chinese petrochemical company, announced an increase in its first-quarter earnings. The firm also committed to speeding up its international growth efforts. This move is intended to mitigate escalating trade uncertainties.

BU
1 source
China Set to Import Record Volume of US Ethane Amid Disruptions from Iran ConflictSubstrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)
finance15 days agoDeveloping

China Set to Import Record Volume of US Ethane Amid Disruptions from Iran Conflict

China is expected to import a record 800,000 tons of US ethane in April 2026 due to supply disruptions of naphtha and LPG from the Middle East caused by the ongoing Iran war. This increase, about 60% above the monthly average, helps petrochemical producers offset shortages follow…

ZeroHedge
1 source