29 March 2005 23:52 [Source: ICIS news]
HOUSTON (CNI)--A fundamental shift in global benzene trade flow patterns is likely to take place in the next few years, according to Chuck Venezia of DeWitt & Co.
Speaking at a seminar on aromatics trade 2005-08 and logistics costs challenges, Venezia pointed out that the ?xml:namespace>
Assuming all of this capacity is built on time, one would expect North American and European Union exports of these products to disappear, thus reducing the benzene deficits in each region, and in the case of the European Union, even creating a small surplus, said Venezia.
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