Asia top stories – weekly summary
ICIS Editorial
15-Jul-2024
SINGAPORE (ICIS)–Here are the top stories from ICIS News Asia and the Middle East for the week ended 12 July 2024.
OUTLOOK: Asia naphtha market braces for supply
uncertainties
By Li Peng Seng 12-Jul-24 12:00 SINGAPORE
(ICIS)–Asia’s naphtha market sentiment is
expected to be choppy in the short term due to
a lack of clarity on arbitrage supplies against
volatile demand.
OUTLOOK: Asia EVA market loses shine as demand
from PV sector lags
By Helen Lee 11-Jul-24 11:25 SINGAPORE
(ICIS)–Demand for ethylene vinyl acetate (EVA)
from China’s photovoltaic (PV) industry is
likely to remain lackluster amid an oversupply
in the entire industry chain.
PODCAST: China to accelerate hydrogen
development via energy law
By Patricia Tao 10-Jul-24 11:25 SINGAPORE
(ICIS)–China’s recent decision to include
hydrogen in its draft national energy law
signals a transformative shift in the country’s
energy landscape.
China EV giant BYD to invest $1 billion in
Turkey production plant
By Nurluqman Suratman 09-Jul-24 15:24 SINGAPORE
(ICIS)–Chinese electric vehicle (EV) giant BYD
has agreed to invest $1 billion to set up a
manufacturing plant in Turkey which will
produce up to 150,000 vehicles per year.
PODCAST: Asia recycling market sees increased
interest in pyrolysis
By Damini Dabholkar 09-Jul-24 11:17 SINGAPORE
(ICIS)–Market players in Asia are increasingly
becoming more interested in the use of
pyrolysis oil as fuel.
OUTLOOK: SE Asia PE to see some demand recovery
in H2, challenges persist
By Izham Ahmad 09-Jul-24 15:07 SINGAPORE
(ICIS)–The southeast Asian polyethylene (PE)
market is expected to face modest demand
recovery in the second half (H2) of the year,
but this is likely to be negated by increased
supply and the threat of high freight costs
affecting import shipments.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
![](https://cjp-rbi-icis.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/7/2024/01/16170556/ContactUs_Services.jpg)