EPCA 2011: Industry Cautious as Markets Soften

The 2011 European Petrochemical Association (EPCA) annual meeting broke attendance records with more than 2,500 registered delegates. EPCA president and Ineos group director Tom Crotty opened the event, held at the start of October in Berlin, where the recent cooling of demand for petrochemicals was the main topic of discussion (p. 29). There were some positive messages, however, despite concerns about the economic environment. The industry will continue to pursue capital investment projects and engage in M&A activity, albeit cautiously, even during the...

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