Asian Chemical Connections
The France-based oil and petrochemical player will shift its feedstock slate towards using more gas as it expands capacity in the US and shuts down plants in Europe
Europe's petrochemical producers are likely to do everything they can over the next few years to drive production costs down and, where realistic, to weed out uncompetitive capacity.
A number of players - Switzerland-headquartered INEOS, Italy-based Versalis and Austria's Borealis - are looking seriously at importing ethane from the US to feed crackers in Europe.
INSIGHT: ECHA shows how the EU might identify more toxic substances
“Industry is supportive of the roadmap idea but wants a transparent and predicable system which can avoid disruption in supply chains.”
VIDEO: ICIS Europe Lunchtime Bulletin 10 December 2013