从市场规模来看，2026年全球农用化学品市场规模预计达777亿美元，较2025年的757亿美元增长 2.7%，增速较2024—2025年的0.3%实现显著回升；同期全球种子市场规模预计增长2.3%。这一温和增 长对历经长期低迷的农化企业而言，无疑是一剂强心剂。2023-2024年，全球农化品行业经历了史无前 例的去库存周期，行业被迫开启结构性调整。科迪华宣布2026年下半年启动拆分，将种子与作物保护业 务独立运营；巴斯夫也计划剥离其农业解决方案部门。科迪华首席执行官查克.马格罗曾在2025年6月直 言，过去几年对整个行业而言是一段艰难时期。 政策风险也是悬在农化品行业头顶的一把利剑。特朗普政府的关税政策及农业领域的政治化倾向，持续 给农户与供应商带来不确定性。美国关税政策的不确定性将贯穿2026年，并将持续引发市场波动。 尽管农化市场挑战重重，但也不乏利好因素。马格罗称，从宏观层面看，谷物、油籽、肉类及生物燃料 的需求将维持历史高位，农户端需求将保持稳定，且为实现产量最大化仍会优先选择高端技术产品。他 特别强调，与其他农业投入品相比，种子的选择对农户而言是刚性需求。科迪华预计，作物保护业务将 实现低个位数增长 ...

Core Viewpoint - International Chemical Investors Group (ICIG) has announced the acquisition of Venator's German subsidiary, which had previously filed for bankruptcy, along with its Duisburg production facility, focusing on functional additives and nano-fine products for coatings and cosmetics [1] Group 1: Acquisition Details - ICIG will continue operations at the Duisburg plant and retain all 350 employees [1] - The acquisition represents ICIG's further expansion in the specialty chemicals sector and provides stability for the Duisburg production base [1] Group 2: Strategic Vision - ICIG has outlined a clear strategic vision for the Duisburg facility, aiming to further develop the site and return to its historical roots [1] - CEO Christoph Sprenger emphasized the goal of improving production with traditional brands such as Sachtolith and Blanc Fixe while expanding the business as much as possible [1] Group 3: Background Context - Venator's parent company entered bankruptcy management last year, leading to the Duisburg plant's bankruptcy filing in September [1] - In 2024, Venator closed the titanium dioxide production at the plant and transferred its specialty titanium dioxide business to a facility in Krefeld, which is still seeking buyers [1]

中化新网讯 1月14日，美国吉沃公司宣布，其乙醇制烯烃技术制取交通燃料的相关方案获得美国专利， 此举进一步巩固了该公司在乙醇制航煤领域的知识产权地位。 当前欧美航空业脱碳法规趋严，传统加氢处理酯类脂肪酸型可持续航空燃料原料供应备受关注，醇制航 煤等技术被视为重要补充。吉沃将该技术纳入长期战略，其北达科他州项目整合乙醇工厂与碳捕集设 施，打造可持续航空燃料生产与碳减排收益相结合的示范模式。 (饶兴鹤) 该工艺可将乙醇转化为乙烯、丙烯等烯烃，既可用于生产可持续航空燃料等交通燃料，也能制取生物丙 烯等可再生化工中间体。吉沃表示，相较现有技术，该专利工艺的资本与运营成本可降低35%，有望改 善非加氢处理酯类脂肪酸型可持续航空燃料的经济性，缓解当前行业成本高企、利润微薄的困境。 技术合作方面，吉沃正联合LG化学开发该技术的可再生化学品应用场景，同时携手Axens集团及法国石 油与新能源研究院推进燃料生产。 ...

Core Viewpoint - Egypt's LNG imports are projected to reach a historical high of 9.01 million tons in 2025, primarily due to declining domestic natural gas production and instability in Israeli pipeline gas supply caused by the ongoing conflict [1] Group 1: LNG Import Trends - Egypt's LNG imports are expected to hit 9.01 million tons in 2025, equivalent to 129 vessels, with 90.9% of the imports sourced from the United States [1] - The total LNG imports for Egypt in 2026 are forecasted to increase to 11.14 million tons, representing a 26.3% growth from 2025 [1] Group 2: Domestic Production Challenges - Domestic natural gas production in Egypt has been declining for several years, primarily due to insufficient upstream exploration and development investments [1] - The Zohr gas field, which contributes about one-third of Egypt's total natural gas production, has seen a significant drop in output [1] Group 3: Regional Market Dynamics - Egypt has transitioned from a regional natural gas exporter to a long-term LNG importer, influenced by strong demand from Turkey and other factors [1] - The East Mediterranean region's LNG prices are currently at a premium compared to the Northwest European and West Mediterranean markets, with a benchmark price of $10.373 per million British thermal units [1]

欧洲化学工业委员会指出，欧盟委员会要与成员国通力合作，保住欧洲足量且具备竞争力的化工产能。 合作重点应放在风险较高的特定产业链上，而非局限于某一份化学品清单或特定生产基地。化工行业内 部结构复杂，上下游市场环环相扣、高度依存。该委员会提出，关键化学品联盟必须与欧盟委员会及成 员国携手，共同制定一套科学的方法论，优先采取行动支持战略性行业与产业链发展，并明确界定非关 键化学品或生产基地的发展定位。 中化新网讯 近日，欧洲化学工业理事会(Cefic)在荷兰凯米洛特化工园区召开关键化学品联盟首次全体 大会，呼吁立法机构采取行动，出台专项方案，以应对欧洲化工企业前所未有的关停潮。 会议明确指出，亟需出台专项方案重点解决六大核心领域的问题：能源与碳政策及相关基础设施建设； 低碳及循环经济产品的市场需求培育与拉动机制；贸易救济与市场监测体系完善；具有赋能性、可预见 性且精简高效的监管规则制定；技术创新、规模化应用及融资渠道拓展。 此次会议是落实欧盟委员会《化工产业行动计划》的关键一步。该计划于2025年首次推出，其前身是 2024年发布的《安特卫普宣言》。欧洲化学工业委员会总干事马尔科·明辛克表示："此举旨在保障欧洲 化 ...

Core Viewpoint - The INEOS Group has raised strong doubts about the UK's net-zero emissions strategy, citing a report from the Institute of Economic Affairs that estimates the true cost of achieving the UK's decarbonization commitments could reach £7.6 trillion, significantly exceeding official forecasts [1] Group 1: Concerns about Net-Zero Policies - The report reveals what INEOS describes as "fantasy economics" behind current net-zero policies, indicating that carbon taxes and regulatory costs are undermining the competitiveness of European industries [1] - INEOS's director, Tom Crotty, warns that these policies may lead to accelerated industrial migration from Europe to regions with more lenient carbon emission standards [1] Group 2: Industry Impact and Recommendations - INEOS founder and chairman, Jim Ratcliffe, expresses concern that achieving decarbonization through deindustrialization is foolish, as it could result in job losses and weakened energy security, with minimal impact on global carbon emissions [1] - Ratcliffe advocates for policies that focus on reducing industrial energy costs, increasing incentives for clean technologies, and adopting a more competitive industrial support model similar to that of the United States [1]

中华新网讯 1月14日，泰国PTT勘探开发公司(PTTEP)宣布，将在其旗下位于泰国的阿提特气田建设碳 捕集与封存(CCS)项目，以推进自身及泰国的碳中和目标。 该项目于2025年9月获批，5年内总投资约100亿泰铢，折合3.178亿美元，计划于2028年正式投产。2026 年，泰国PTTEP将投入1.18亿美元用于减排相关业务，其中明确包含阿提特气田碳捕集与封存项目的相 关支出。 阿提特气田承担着泰国国内约8%的天然气供应需求。此次碳捕集与封存项目预计每年可封存二氧化碳 达100万吨，且不会影响气田的天然气正常生产。 2025年10月，日本三井物产株式会社宣布，通过其全资子公司三井能源开发株式会社(MOECO)参与该 碳捕集与封存项目。三井能源开发株式会社通过旗下的泰国三井能源开发公司参与项目合作，该子公司 持有阿提特气田4%的股份。(庞晓华) ...

Core Viewpoint - OPEC's January report predicts a balanced oil supply and demand by 2026, contrasting with other institutions forecasting a significant surplus in oil supply by that year [1] Group 1: Oil Demand and Supply Forecasts - Global oil demand is expected to increase by 1.34 million barrels per day in 2027, remaining roughly stable compared to the 1.38 million barrels per day forecast for 2026 [1] - The market demand for OPEC+ crude oil in 2026 is projected at 43 million barrels per day, consistent with previous forecasts and close to actual data from December 2025 [1] - If OPEC+ maintains its production levels from December 2025, the production in 2026 will fall short of demand by 170,000 barrels per day [1] Group 2: Comparison with Other Institutions - The International Energy Agency (IEA) predicts a surplus of 3.84 million barrels per day in oil supply for 2026, which is about 4% of global demand, contrasting sharply with OPEC's demand growth forecast of 860,000 barrels per day [1] - IEA's latest report does not include a forecast for 2027, but it is expected to release updated data on January 21 [1]

油气企业普遍将保障盈利能力、充裕自由现金流与削减债务置于优先位置，而非盲目追求产量增长，宏 观经济的不确定性进一步强化了这一趋势。 伍德麦肯锡与惠誉评级等机构的分析师普遍认为，受油价波动与供应过剩担忧影响，2026年全球油气企 业将维持资金纪律，甚至可能进一步缩减整体支出。七大国际石油公司的上游投资总额预计将与往年基 本持平。(庞晓华) 中化新网讯 1月11日，据美国油价网显示，2025年受低油价冲击，油气企业放缓扩张步伐，全球上游油 气投资同比下降2.5%，降至4200亿美元。伍德麦肯锡能源专家预测，2026年上游油气投资将持续这一 趋势，预计同比至少下降2%-3%，下滑的主要原因是美国独立致密油与页岩油生产商缩减支出。 分析师指出，在油价低于60美元/桶的背景下，油气行业在聚焦长期抗风险能力的同时，上游投资将连 续迎来第二年的缩减。2026年油气上游资本支出预计同比至少下降2%-3%，较2024年水平降幅则超过 5%。其中，北美与欧洲地区的投资缩减，将抵消非洲、拉丁美洲和中东地区的支出增长。 ...

Group 1 - The U.S. Energy Information Administration (EIA) predicts that non-OPEC countries' oil production will increase by 800,000 barrels per day by 2026, with Brazil, Guyana, and Argentina contributing half of this growth [1] - Brazil's oil production growth will primarily rely on the startup of new offshore salt layer oil fields, with an expected increase of 200,000 barrels per day, reaching 4 million barrels per day by 2026 [1] - Guyana's oil production is set to exceed 1 million barrels per day, driven by the accelerated development of the Stabroek block by ExxonMobil and partners, with new floating production storage and offloading units coming online [1] Group 2 - Argentina's oil production is projected to rise significantly, with an average daily output of 810,000 barrels in 2026, up from 740,000 barrels in 2025 and 670,000 barrels in 2024, primarily due to the Vaca Muerta shale oil field [1] - Non-OPEC+ oil-producing countries are expected to play a crucial role in balancing the global market, with South America's low-cost oil offsetting the slowdown in U.S. shale oil growth [2] - By 2030, non-OPEC+ countries will contribute approximately 5.9 million barrels per day of new conventional oil capacity, with South America being a major source of this growth [2]