IHS Chemical Week

Chemical Week Magazine :: Cover Story

One Quarter of Europe’s Cracker Capacity Could Close

8:31 AM MDT | March 26, 2010 | Ian Young

The eastward shift in global petrochemical production to the Mideast and Asia, combined with the effects of the economic crisis, is likely to take a heavy toll on the petchem industry in Europe. A recent study by KPMG estimates that capacity being developed in other regions will render 14 of Europe’s 43 steam crackers uneconomic by 2015 and that these plants could close. It would mean the loss of 26% of total cracker capacity in Europe, KPMG says. “While new plants [in the Mideast and Asia] are typically in the lowest position on the global cost curve...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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