Mild weather hits MEG prices

Weddle, Nel; Brice, Andy
January 2007
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p25
Trade Publication
The article reports on the decline of demand for European monoethylene glycol (MEG), which is used for antifreeze and other de-icing activities. The decline is attributed to the lack of freezing temperatures. Stocks of finished antifreeze are said to be high as downstream consumers postponed contract deliveries. Back-integrated antifreeze producers are thought to be under pressure amid burgeoning MEG stock levels.


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