WASHINGTON (ICIS)--California has asked the state's chemical manufacturers to reduce water consumption because of severe drought conditions, officials said on Friday, but there is no indication that production has been affected.
John Ulrich, executive director of the Chemical Industry Council of California (CICC), said that in-state producers have yet to report any drought-related production cutbacks.more >>
INSIGHT: China may see major ethylene shortfall by 2019
"At $50-90/bbl for Brent, UBS estimates the internal rate of return (IRR) for China CTO/MTO projects range from 5-10% – mostly too low to justify inve more
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