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4th Annual Chemical Industry Global Outlook November 27, 2007 Le Parker Meridien Hotel, New York, NY

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5:05 pm

How High Can They Go? A Look at Energy and Feedstocks Prices

The North American chemical industry has regained cost competitiveness in several basic product chains, as persistently high crude oil prices and strong demand have driven the cost of production for naphtha-based chemical producers in other regions.

• What is the outlook for crude oil and natural gas market balance and prices?
• Is the improved competitiveness of North American producers a temporary phenomenon?
• What is the industry doing to take advantage of this situation?
• Ethane prices have shown sharper increases than natural gas in North America. How is this impacting the bottomline?

George Intille, vice president, SRI Consulting