European Petrochemicals

An unprecedented run-up in feedstock and energy costs coupled with a worsening global economic slowdown, has dogged the European petrochemical industry in what should have been its last good year at the top of the cycle. Large, cost-advantaged, gas-based olefins and polymer capacity additions in the Mideast are the cause of the impending downturn. Nevertheless, European producers remain adamant that—despite the hard hits of 2008—foresight, integration, and careful cost-control will be a sufficient defense until global demand catches up with the new...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers