TITLE

LOW-COST MEG SET TO CAUSE PRICE DROPS

AUTHOR(S)
Gibson, Jane
PUB. DATE
August 2006
SOURCE
ICIS Chemical Business;8/28/2006, Vol. 1 Issue 32, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a possible decline in the prices of monoethylene glycol (MEG) globally due to its low cost capacity in the Middle East. It is said that ethanolamines have the ability to increase the capacity of ethylene oxide in Europe and Asia. MEG producers in Asia are starting to terminate their European contract negotiations due to the expectation that the drop in MEG prices will first hit the continent.
ACCESSION #
22258698

 

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