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Market insight papers

Under Pressure: Weather Extremes Take Toll on Chemicals Industry

The fire at the Dow Glycol II unit, the INEOS pipeline explosion, or the olefin unit fire at Shell’s Deer Park, are just a few of the 100 chemical accidents in the USA thus far in 2023. Texas holds the largest share with 27 incidents according to the Coalition to Prevent Chemical Disasters. On average a chemical fire, explosion, or toxic release occurs every two days in the USA.

Texas leads the number of chemical plant accidents in the USA in 2023 including several events related to ethylene/polyethylene production. Argus polymer expert Terry Glass delivers insight into the weather extremes taking a toll on the chemicals industry.

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