Asian Chemical Connections
The global commodity polymers market continues to be under severe pressure from challenges such as the European debt crisis, slowing emerging market growth and increased competition. Despite these challenges, overall polymers consumption is poised to grow at a compounded annual growth rate (CAGR) of 4.7%/year through 2015.
© Rex Features
Global polymers producers will face greater competitive challenges
INSIGHT: Transitory downdraft for global petrochemicals
That does not mean US producers cannot maintain fat margins – they may just be somewhat leaner."
VIDEO: ICIS special report - impact of lower crude oil prices