TITLE

Where does the future lie for US petchems?

AUTHOR(S)
Creswell, Sarah
PUB. DATE
September 2006
SOURCE
ICIS Chemical Business;9/11/2006, Vol. 1 Issue 34, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the effects of global competition and capacity on petrochemicals in North America. A key concern is the lack of investment in the U.S. petrochemical industry itself. Advantaged feedstock and rapid market growth in other regions has led companies to invest in the Middle East and China in preference. Companies need to plan for an overcapacity of ethylene and propylene derivatives between 2010 and 2012, while they have the capital to change strategic direction.
ACCESSION #
22403394

 

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