Asian Chemical Connections
Despite the automotive industry bearing the brunt of the global financial crisis, chemical producers are motoring ahead with innovative new products
THE TREND towards more efficient vehicles, lower emissions and improved fuel consumption has driven weight reduction to the top of the automotive agenda.
Although the ailing sector has been badly affected by the downturn, producers can ill afford to slam the brakes onto investment in new products.
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
VIDEO: ICIS Special Report: Innovation is key to success