IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

Europe’s benzene spread widens

7:01 AM MDT | May 30, 2014 | —Francinia Protti-Alvarez

Europe is producing less pyrolysis gas (pygas) and benzene, causing the region to rely more on imports, IHS Chemical says. Lower extraction capacity is contributing to this emerging trend, IHS Chemical adds. However, the low availability of pygas feedstock is keeping the benzene market tight and prices high in Europe, according to the latest IHS Chemical Market Advisory Service: European Aromatics. In recent months, relatively low steam cracker and reformer opearating rates have limited Europe’s benzene supply, while cracker operating rates have reflected...

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