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Chemical Week Magazine :: Cover Story

Refinery Catalysts

Suppliers Tap Emerging Markets

6:11 AM MDT | April 22, 2011 | —REBECCA COONS with Vincent Valk

Refinery catalysts makers expect moderate growth in the next five years, driven almost entirely by demand growth in the developing countries and their adoption of stricter fuel standards. Meanwhile, turmoil in the rare earths sector has forced suppliers to scramble for alternatives to a crucial raw material. Emerging markets are shaping post-recession refinery market demand for oil products, as traditional markets, namely U.S. and Western Europe, see increasing fuel efficiency standards and high prices wipe out growth, producers say. As catalyst makers shift...

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