In this week's issue of ICIS Chemical Business:
May 13-19, 2013

Cover story

News Focus: Solvay/INEOS vinyls merger underscores Europe weakness

The Solvay/INEOS vinyls deal should be looked at from a European PVC and a US shale perspective.

The European PVC business is tough. Costs - ethylene and electricity - are high. Demand is 30% lower than at the peak of the last cycle in 2007 due to the collapse in construction and weak economic activity in much of Europe. Prices are weak. And, as Solvay puts it, scenarios for the European and the US energy petrochemical businesses today are so different.



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Malini Hariharan - India Chemicals Blog
India is proving a hot spot for chemicals growth. Malini Hariharan comments on developments in her India Chemicals Blog here.

Insight

INSIGHT: Shell has decisions to make alongside Moerdijk headaches
"Much is being made of Shell's decision to cut capital spending by $15bn over the next 3 years, a greater cut than those announced by other oil & gas more

VIDEO: ICIS special report - impact of lower crude oil prices

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