Asian Chemical Connections
In the US over the past several years, a rebound in the home construction sector has been somewhat like the eponymous character in the Samuel Beckett play "Waiting for Godot" - much anticipated, but never quite arriving.
Since the worldwide financial crisis - in large part spurred by the US housing boom-and-bust of the mid-2000s - began in 2007, people from many perspectives have waited for homebuilding to return to its former glory after its precipitous fall.
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