Price contract mechanisms for iron ore were recently altered to reflect spot prices and commentators agree this could result in big hikes in steel prices. As petrochemical projects are composed largely of steel, it is pretty obvious that project costs will rise. Today’s Financial Times quotes Lakshmi Mittal, chairman of the world’s largest steelmaker, ArcelorMittal, […]
Tag Archives | projects
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 […]
Download this global map of major ethylene chemical cracker projects by clicking here. This is on our forum ICIS connect and you may have to register first. This is a small price to pay for such a valuable resource!
My colleague, journalist Anna Jagger, has just created a free-to-view map of the world’s major ethylene cracker projects. It is up-to-date and useful. Contact the blog for a copy as it is too large a file to download onto blogger.