Hikes continue into Q3

Gibson, Jane
July 2006
ICIS Chemical Business;7/10/2006, Vol. 1 Issue 27, p26
Trade Publication
The article presents updates on the petroleum chemicals market. Brent crude fluctuated at around $73/bbl and naphtha has continued to surge, reaching new highs of $650 to 655/tonne due to strong gasoline demand. Benzene consumption is expected to rise 3%/year globally to 51m tonne/ year in 2015. Styrene monomer demand grew 6.4%/year worldwide from 1999 to 2005.


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