Total’s Claude: Improved Competitiveness Key in Challenging Markets

The petrochemical industry is following a downward trend due to weaker-than-expected markets in 2008, marked by high feedstock costs, lagging polymer prices, excess capacity, and overall poor economic conditions, Bernard Claude, President and CEO of Total Petrochemical USA told attendees in a keynote address to attendees of CW’s Global Forecast Conference 2009, held yesterday in New York....

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