Archive | December, 2009

Pyramids at sunset, Giza.

Egyptian Petrochemical exports could decline by 40% in 2009

Egypt’s chemical industry could suffer a 40% decline in exports in 2009, according to a new forecast by Business Monitor International. The surprise for me in this story is that Egypt even has an established petrochemical industry. It is not an area which we at ICIS cover very strongly at present. According to the report […]

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Competition concerns mean Arkema Solvay tie up unlikely

Belgian group Solvay is unlikely to purchase France’s Arkema due to competition concerns in their European operations, a communications officer told me at yesterday’s final Arkema Christmas Curry event in London.I sighted synergies in fluorochemicals and the chlor-alkali chain as a good reason for a tie up in a previous post. But those same overlaps, […]

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Wilton rescue a step closer, Dow plant probably still to close

At last it seems like the folks in charge at Wilton and those in high places at a national level may have generated a rescue plan with some teeth. But is it too little, too late, for the Dow ethylene oxide (EO), ethylene glycol (EG) plant up there?Individual segments of a ten point plane have […]

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