In this week's issue of ICIS Chemical Business:
October 14-20, 2013

Cover story

News focus: Europe must respond to US shale gas threat

Europe’s petrochemical sector must change to deal with the new global reality of greater competition stemming from US shale gas along with other challenges, said Mohamed Al-Mady, vice chairman and CEO of Saudi Arabia-based SABIC which has major operations in Europe.

“Europe faces a new reality. The European chemical industry and various governments need to focus on more resource and cost efficient manufacturing, targeting incentives for innovation at the development stage and instituting a robust regulatory framework based on good science with clear goals,” said Al-Mady at the 47th annual European Petrochemical Association (EPCA) meeting.



more >>
ICIS Chemical Business - ICIS Chemical Business Editor’s Comment
This blog records content for the Editor’s comment of ICIS Chemical Business ahead of publication. It is a series of works in progress. To read the definitive version of the column subscribe to ICIS Chemical Business on paper and on line.

Insight

INSIGHT: Lower oil price hits major petchems but stimulates demand
"We have a curious but perhaps not atypical situation in Europe currently." more

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

More...

We welcome your feedback. Please feel free to send us your comments on any aspect of this site. Click here to make your comments.