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Chemical Week Magazine :: Viewpoint

European Rebound

8:58 AM MDT | September 24, 2010 | Robert Westervelt

The mood of attendees at the European Petrochemical Association (EPCA) meeting in Budapest October 2-6 is sure to be an improvement over the past two years. European petrochemical demand has exceeded expectations in first half of this year. The strong performance has improved earnings and has provided much-needed relief, particularly to key regional players such as LyondellBasell and Ineos which struggled under the weight of heavy debt burdens through the downturn. Demand has moderated in the second half, but most producers remain upbeat. Demand slowed a bit...

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