Hikes prove to be a mixed bag

Davis, Nigel; Richardson, John
May 2006
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p18
Trade Publication
The article examines the prices of petrochemicals as of May 2006. Record highs for crude oil prices and consequently naphtha feedstock costs, will affect petrochemical makers. In the critical polyolefins markets, keeping the upwards pressure on prices will help producers becoming increasingly concerned about stagnating demand growth. According to data analyzed by the European trade association Cefic, there was no petrochemicals production growth in the 25 member states of the European Union in January 2006 or in the fourth quarter of 2005.


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