Strategies for success in the US petchem industry

YouTube Mar10.pngMajor changes are underway in the US petchem and polymer market:

• Middle East/Asian production will likely eliminate the US Gulf’s historical position as ‘exporter to the world’
• The arrival of cheaper gas, and the impact of shale gas, is changing cracker feedstock slates quite dramatically
• The continuing decline in domestic gasoline demand creates potential problems, but also opportunities

I look at these issues in an article published this week in ICB, to coincide with the NPRA meeting in San Antonio, Texas. I also summaries the key points in the above video interview with Will Beacham. Please click here if you would like a copy of the article.

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. He also serves as a Global Expert for the World Economic Forum. The aim of this blog is to share ideas about the influences that may shape the chemical industry and the global economy over the next 12 – 18 months. It looks behind today’s headlines, to understand what may happen next in critical areas such as oil prices, China and Emerging Markets, currencies, autos, housing, economic growth and the environment. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.

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