Asian Chemical Connections
Upstream cuts and downstream concerns are likely to colour the Q1 reporting season, which kicks off this month.
SABIC grabbed the headlines earlier in April with its announcement of 1,050 job cuts in Europe. The cuts will be made from a European employee total of 6,000. In the Netherlands, where the company has its European headquarters and a number of chemical plants, 420 job losses are planned, according to union officials.
INSIGHT: Dynamics of global BDO market showing signs of change
"The main reason behind increasing trade flows has been the overcapacity in Asia, while the biggest effect it has on the European market is putting pr
VIDEO: ICIS Special Report - Asia methanol, acetic acid