Brice, Andy
December 2006
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p39
Trade Publication
The article reports that record high prices and extremely low stocks have dominated the thoughts of European petrochemical players in 2005. At the root of it all is the volatile energy complex, with gasoline and crude prices fluctuating wildly and unpredictably since January 2006. Aging crackers, meanwhile, faltered as they stepped up a gear to meet high levels of demand. Brent crude hit a record $78.65/bbl in August 2006, sending tremors through the petrochemicals chain.


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