Market insight papers
EU petrochemicals face rising carbon costs
The EU's Chemicals Industry Action Plan and CBAM should level the playing field for the chemicals covered by ETS - but there could be unintended consequences.
As the EU phases out free carbon allocations and introduces border adjustment mechanisms, European olefins and derivatives producers face rising costs and growing competitive pressure. In this analysis, Chemicals experts Anna Fittock and Alan Williamson and Carbon expert Victoria Hatherick unpack the implications of EU ETS Phase 4 and CBAM for the region’s steam cracker fleet, including:
- How free carbon allocation is calculated and the amount that costs will rise by for steam cracking as free allocation is phased out
- What to watch as ETS prices rise and the cost gap widens between top-performing and standard crackers
- How the EU's Carbon Border Adjustment Mechanism is proposing to protect the region's chemical industry, but could have the unintended consequence of accelerating downstream import substitution
Download the insight paper
About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.
エキスパートへのお問い合わせ
Register below and we will customize a solution that meets your exact needs. When you speak to one of our experts, you may be qualified to sample our industry-leading products on a no-cost basis.
これらの最新情報の配信はいつでも停止できます。お客様の個人情報は、当社のプライバシーポリシーに従い管理されます。