What is the impact of the Russian-Ukrainian war on the global energy and chemical industry?
Quick answer: For paint and coating topics, formulators usually compare flow, substrate fit, surface quality, and durability together because the same adjustment can improve one property while weakening another.
Prices of bulk products such as petrochemicals will rise for sure.
The economic sanctions imposed on Russia by European and American countries can take advantage of the situation to reduce the pressure on China and promote further deepening of cooperation between China and Russia. For example, the large oil and gas order just signed will better promote the strategic integration of the Belt and Road Initiative. Chinese chemicals enter the European market more smoothly.
It is difficult for the second line of Beixi to be put into use smoothly. At the same time, the natural gas pipeline passing through Ukraine is also greatly affected. These will inevitably raise the premium of European natural gas and cause global energy prices to rise. In summer, the demand for natural gas is reduced, and if the Russian-Ukrainian war continues into the winter, this will have a more serious impact on Europe.
Russia reduced gas shipments to Europe via Ukraine by two-thirds in January 2022, European gas storage is low, winter demand is 30% higher than the rest of the year, liquefied natural gas (LNG) exports to Europe so far in 2022 The volume of LNG in Europe is at a record high, and European LNG is operating at full capacity. UK gas prices could quadruple in the event of a conflict, while Russia supplies 20% of the global seaborne ammonia market, supply disruptions could impact fertilizer and food prices and demand, but chemical companies will struggle to pass on higher costs, hurting profit margins. Closing the Druzhba pipeline will cut European ethylene capacity by up to 11%, propylene capacity by 12%, lower demand growth in Asia, a slowdown in China, and already negative polyethylene (PE) margins in Asia.
In 2021, my country’s energy and chemical import and export trade volume will reach 860.08 billion US dollars, a year-on-year increase of 38.7%. On the one hand, costs have increased due to the sharp rise in raw material prices, and on the other hand, after the European and American countries were affected by the epidemic, the import and export business still did not recover, and some markets were acquired by Chinese companies. Third, my country’s adherence to the policy of stabilizing foreign trade is continuing to make efforts, and domestic industrial upgrading has improved the overall competitiveness of products.
With the outbreak of the war between Russia and Ukraine, the geopolitical crisis has become more and more prominent, and commodity prices are bound to rise further, and the rise in commodity prices will continue to lead to increased inflationary pressure. The most direct impact on my country’s energy and chemical trade should be the United States. Increase the intensity of interest rate hikes. The interest rate hike will definitely benefit the export of my country’s energy and chemical products.
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How buyers usually evaluate coating and paint topics
In conventional coating work, technical buyers usually move fastest when they define the film-performance target first and then review rheology, substrate compatibility, additives, and long-term durability as one system instead of isolated tweaks.
- Start from the application scenario: furniture, powder coating, industrial paint, and waterborne systems often reward different formulation priorities.
- Check surface quality and process stability together: leveling, wetting, foam control, and drying often interact strongly.
- Review the film after full cure or drying: adhesion, hardness, weatherability, and color stability usually decide the commercial result.
- Use targeted additive screening: wetting, leveling, defoaming, and wear-resistance additives work best when the defect is clearly defined.
Recommended product references
- CHLUMINIT CQ: A direct reference for visible-light and color-sensitive curing discussions.
- CHLUMIAF 094: A balanced defoamer reference for waterborne coatings and many general foam-control screens.
- CHLUMIAF 3062: Useful when printing-ink and UV-ink compatibility matter in the defoaming screen.
- CHLUMIAF 3037: A stronger process-defoaming option when persistent foam survives harsher conditions.
FAQ for buyers and formulators
Why can a coating with good initial appearance still fail later?
Because many failures show up only after full cure, storage, or service exposure, when adhesion, flexibility, or weatherability becomes the limiting factor.
Should coating additives be chosen one by one outside the full formula?
It is usually safer to screen them inside the real formula because resin choice, pigments, and the rest of the additive package can change the result.