Asian Chemical Connections
Regional leaders faced tough trading conditions in 2013 as the global economy continued to sputter. Stronger economic performance in the US was offset by contraction in Europe and slower growth in Asia.
Since then, European chemical companies have become sharply focused on improving their competitive position, especially in commodities where consolidation is ongoing.
Meanwhile, the US race for shale gas continues, with a building programme that will see new capacity on stream in 2017-2018.
INSIGHT: Asia polyethylene margins good but volume concerns build
"PE executives insist rebalancing will be a carefully managed and gradual process, as China cannot afford to allow growth to collapse."
VIDEO: ICIS special report on the fertilizers markets