IHS Chemical Week

People & Business :: Energy and Feedstocks

EPCA 2013: Industry sustainability means more than consuming renewables, says BASF chair

5:23 AM MDT | October 7, 2013 | Ian Young in Berlin

Fossil fuels will remain the dominant feedstock and energy source for the worldwide petrochemical industry for the foreseeable future despite the emergence of renewable raw materials in recent years, says BASF chairman Kurt Bock. In an opening address today to the European Petrochemical Association's (EPCA) 47th annual meeting, being held at Berlin, Bock said that the endurance of hydrocarbons should be a source of reassurance for the petrochemical sector, which faces a number of challenges. "The world will continue to produce and consume more oil, gas, and...

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