Aromatics '03: Atlantic Basin fuel mkts to soak excess?

17 November 2003 11:38  [Source: ICIS news]

THE HAGUE, the Netherlands (CNI)--Legislative changes in European fuel specifications proposed for 2005 could hit chemical markets as extra aromatics volumes may need to be extracted from the gasoline pool.


The potential for Atlantic basin gasoline markets to help soak up aromatics surpluses will be a key topic for discussion here from tomorrow (Tuesday) at the Second European Aromatics and Derivatives Conference*.


Volatility of pricing and turbulence experienced in some aromatics and derivatives markets are further issues to be raised. Papers will look at optimising the C6 and C8 value chains within the overall context of cost reduction and increasing globalisation.


Other papers will look at styrene markets, future of chemicals trading and the impact of Iran’s new aromatics plants on markets.


* The conference runs 18-19 November and is jointly organised by International eChem, a consultancy with experience of the aromatics industry, ICIS-LOR, the international pricing service, and European Chemical News (ECN). Reed Business Information owns CNI, ICIS-LOR and ECN.

By: Peter Taffe
+44 20 8652 3214

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