Heavy olefins
Overview
Global butadiene production and demand are dominated by northeast Asia. Although the region continues to add both supply and derivative projects, there have been market inefficiencies that have resulted in deep sea imports into the region. Accurate and timely analysis will help producers, consumers and traders navigate these turbulent times.
The C5 and hydrocarbon resins industry has experienced a fundamental shift in the past few years, going from several acute shortages to a glut of products in the markets. Producers, industrial chemicals companies, chemical distributors, traders and technology providers all need to understand how this will play out, especially in light of new entries into the global market. Argus’ C5 and Hydrocarbon Resins Service is the only global service of its kind.
Our experts will help you determine what trends to track and how to stay competitive in today’s ever-changing global markets.
Latest heavy olefins news
Browse the latest market moving news on the global heavy olefins industry.
Ford boosts trucks on demand, Novelis fire
Ford boosts trucks on demand, Novelis fire
Houston, 23 October (Argus) — US automaker Ford is increasing its full-size pickup truck production in response to higher demand and to recover lost production after a major fire at a New York aluminum mill. The automaker said it will increase production of its F-150 and Super Duty trucks by 50,000 vehicles in 2026, with work being added at its Dearborn, Michigan and Kentucky truck plants. The US auto industry has faced supply challenges since a major fire in mid-September at aluminum-roller Novelis' Oswego, New York mill took down the entire plant for two weeks and the hot mill until the first quarter of 2026. The Oswego plant is a major supplier of aluminum sheet to the automotive industry. Ford will also keep production of its less-profitable F-150 Lightning pickup truck paused as it focuses on producing more profitable internal combustion engine and hybrid F-150s which it says also require less aluminum. Ford employees who previously made the electric F-150 will be transferred over to Dearborn to boost non-Lightning F-150 production by 45,000 vehicles. Ford will increase the workforce at Dearborn and supporting plants by nearly 1,400 workers. Ford aims to produce 5,000 more Super Duty pickups at its Kentucky truck plant in 2026, increasing that facility's workforce by an additional 100 or more workers. US steelmaker Steel Dynamics (SDI) said it has been able to produce and qualify some of its aluminum sheet products at its new aluminum mill for the automotive industry. SDI continues to ramp up its 650,000 short tons/yr aluminum mill located in Columbus, Mississippi. Global automaker Stellantis, which owns US brands such as Dodge, Jeep and Chrysler, said an unspecified parts shortage is taking down its Warren, Michigan sports utility vehicle plant for three weeks. By Rye Druzchetta Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Tyre recycler Pyrum to start work on new plant in Nov
Tyre recycler Pyrum to start work on new plant in Nov
London, 16 October (Argus) — German end-of-life tyre (ELT) recycler Pyrum Innovations said it plans to start construction on a new plant in Perl-Besch, Germany on 14 November. The facility will have a nameplate recycling capacity of 22,000 t/yr of ELTs and is scheduled to begin operations in 2027. Pyrum said site preparations are complete and long lead-time components have been ordered. Once operational, Perl-Besch will be the firm's largest plant and will more than double its current recycling capacity. Pyrum is also expanding its tyre pyrolysis oil (TPO) and recovered carbon black (rCB) plant in Dillingen, Germany by adding two new pyrolysis reactors. But after lower-than-expected output, the company said in an earlier statement it had postponed major investments in plant components from the second half of 2025 to the first half of 2026. The firm has also faced throughput bottlenecks at Dillingen's rCB unit. While the grinding process has reached its target of 1,650 kg/hr, the pelletisation stage has lagged. Pyrum said the issue is related to the transport of material between the two stages and said it is working on a solution. Once expanded, the Dillingen plant will have a nameplate capacity of 20,000 t/yr of TPO, up from 6,600 t/yr currently. By Sebastian du Plessis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
EU confirms delay to deforestation rule on IT issues
EU confirms delay to deforestation rule on IT issues
Brussels, 23 September (Argus) — The European Commission today has confirmed a further one year delay to the bloc's deforestation regulation (EUDR) citing IT issues and supply chain concerns. The EUDR sets due diligence requirements for palm oil, cattle, soy, coffee, cocoa, timber and rubber and derived products, including beef, furniture and chocolate. "While our simplification efforts have been substantial, we have concluded that we cannot meet the original deadline without causing disruptions to our businesses and supply chains," said commission trade spokesperson Olof Gill. The delay is also a result of IT system capacity issues. "We have serious capacity concerns regarding the IT system, given the projected load," Gill said. The delay provides the "necessary time to get the IT system capacity that we need" according to EU environment commissioner Jessika Roswall. EPP environment spokesperson Peter Liese said that if the deforestation regulation had entered into force unchanged on 1 January, technical issues would have caused unsolvable problems. This second delay to the EUDR, for a further 12 months, will require approval by EU member states and the European parliament. In October 2024, the commission proposed a first 12 month delay or " "phasing-in time ", shifting EUDR implementation from 1 January to 30 December 2025. The EUDR entered into force in June 2023. Parliament's largest centre-right EPP group welcomed the new postponement. The EUDR's problems run deep, said Christine Schneider, parliament's lead negotiator on EUDR. She also called for a zero-risk category under the regulation where regions and products posing no risk of deforestation would be treated "in an non-bureaucratic manner and without additional documentation requirements". The EU pledged to address US producers and exporters' concerns , recognising that the US poses "negligible" risk to global deforestation. Roswall added that the delay was not linked to the EU-US trade deal. US chocolate and snack giant Mondelez had requested a one-year delay earlier this month, receiving criticism from environmental and civil rights organisations. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Invista touts investment in nylon fiber portfolio
Invista touts investment in nylon fiber portfolio
Houston, 5 August (Argus) — US chemical firm Invista is stepping up investments in nylon textiles, primarily for fiber and fabric solutions under the Cordura brand, after opting to maintain ownership of the business. This investment focuses on next-generation performance fabrics to gain ground in end-use apparel markets, including outdoor, workwear, military and lifestyle sectors. Across the company's global operations, Invista has committed to spend upwards of $500mn over the next five years. "Invista's nylon business — including the Cordura brand — remains a critical part of our portfolio," said chief executive Brook Vickery in a press release. The Wichita, Kansas, firm decided against selling its nylon fiber business following a marketing process that began last year. Invista cited long-term value for continued ownership, with five manufacturing sites located in Asia-Pacific, Europe and North America. Invista specializes in the production of nylon intermediates and polymer resins for automotive, electrical and consumer goods applications. Butadiene is a feedstock further upstream in the value chain, used to make adiponitrile, which is then hydrogenated into hexamethylenediamine, a key monomer for nylon 6,6 production. By Joshua Himelfarb Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.