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AUSTRIA

Borealis secures financing for R&D into plastic materials
Borealis said today that it has secured financing for its investment in R&D into plastic materials at several of its facilities. The KfW IPEX-Bank loan of €75 million ($95.7 million) will run parallel with the €150 million European Investment...

EPCA 2014: Europe may adapt to increased petchem imports from US
The emerging energy framework driven by shale oil and gas in North America is changing the competitive dynamics of the worldwide petrochemical industry, leaving regions such as Europe at a disadvantage. However, Europe may have fewer reasons to fear low-cost...

EPCA 2014: Healthy outlook for petchem demand growth and industry profitability
Worldwide demand growth for key petrochemical building blocks is expected to be healthy in the coming years, says Mark Eramo, v.p./chemical industry insights at IHS Chemical. Presenting a global petrochemical market outlook at a seminar held today by ...

EPCA 2014: How Europe's petchem industry can stay competitive
The huge buildup of shale-based petrochemical capacity in the United States later this decade will trigger substantial exports of cost-advantaged ethylene derivatives to Europe and inevitably rationalize some capacity in Europe's petrochemical industry, but...

EPCA breaks attendance record, Europe 'at a crossroads'
The 48th European Petrochemical Association (EPCA) annual meeting, taking place in Vienna, has attracted a record number of delegates. EPCA president and Ineos group director Tom Crotty announced today in his opening remarks to the EPCA meeting that the event...

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