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.
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Global polymers producers will face greater competitive challenges
INSIGHT: Crude price falls push petchems lower, raise price volatility
“Everyone is on the sidelines because they don’t know where the bottom is and don’t know what to do.”
VIDEO: ICIS special report - impact of lower crude oil prices