How economics and policy affect players in Asia

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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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Also in this issue

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	13 May 13 00:00	Market outlook: China growth declines on economic rebalancing
	12 May 13 09:45	Market outlook: Glycerine demand looking up amid increased consumption, new end uses
	11 May 13 09:38	Commentary: Global petrochemical companies shift to gas-based feedstocks
	10 May 13 09:47	Market outlook: Oleic acid demand reshapes North American fatty acids market

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Insight

INSIGHT: Europe in dire need of a lower cost energy policy
“If the playing field is not levelled, chemicals production will move outside Europe.” more