Chemical Week Magazine :: Cover Story
Stark regional differences shape PVC outlook beyond 2020
6:56 AM MDT | May 23, 2014 | —Clay Boswell
Polyvinyl chloride (PVC) is likely to be a difficult business for many years to come. Overcapacity has pushed worldwide plant utilization rates to historic lows, and supply will far exceed demand well into the next decade, say analysts at IHS Chemical. Conditions vary widely by region, however. Producers in North America are in the best position not only because they enjoy the benefits of shale-advantaged energy and ethylene but also because they have done the most to rationalize and consolidate. Restructuring in Western Europe, by contrast, has proceeded slowly...
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