IHS Chemical Week

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EPCA 2012: Differentiation is key to survival of Europe's olefins industry

11:30 AM MDT | October 7, 2012 | Ian Young in Budapest

Europe's olefins and derivatives industry must focus on adding value to its products, if it is to survive in a rapidly changing global petrochemicals market, says Matthew Thoelke, director/olefins and derivatives, Europe, Middle East, and Africa at IHS Chemical. Speaking at the IHS Chemical Market Seminar, which took place today during the European Petrochemical Association (EPCA) annual meeting in Budapest, Thoelke said that Europe's olefins industry is under pressure because of the eurozone debt crisis, which has weakened demand, and because of growing...

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