In this week's issue of ICIS Chemical Business:
May 26-June 1, 2014

Cover story

Price and market trends: Asia petchems must adapt, rise to industry challenges

Asia’s petrochemical industry is expected to weather a slowdown in China’s economy, but will need to quickly adapt to the gas revolution in the US, and the poor naphtha economics in order to sustain global competitiveness, top industry officials said on 16 May.

Petrochemical consumption in the region is expected to post a 4.5-5% growth this year, but this hinges on the key China market, which absorbs most of Asia’s petrochemical exports, said Shri Karmal Nanavaty, vice president of the Chemicals & Petrochemical Manufacturers’ Association of India.



more >>
Paul Hodges - Chemicals & the Economy Blog
Paul Hodges looks behind today's headlines and studies key influencers shaping the chemical industry over the next 12-18 months. He takes a closer look at oil prices, economic growth and the environment among other things, along with some light-hearted banter along the way.

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.