IHS Chemical Week

Regions :: Middle East

Basic Chemical Cycle Headed For β€œA Clear Downturn;” European, U.S. Markets Least Competitive

5:55 AM MDT | April 18, 2008 | Kerri Walsh

The basic chemical cycle will most likely reach β€œa clear downturn by 2009” because new ethylene projects in China and the Middle East will force global ethylene utilization rates below 90%, says Deutsche Bank (London) analyst Tim Jones. β€œThe exact start of the downturn is difficult to call, but with 2009 clearly being weak, chemical customers may de-stock ahead of this, which could pull forward the start to second-half 2008,” Jones says. European and U.S. markets will remain least competitive, β€œand this downturn will see further migration of the...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa