June 2007
ICIS Chemical Business;6/18/2007, Vol. 2 Issue 71, p55
Trade Publication
This section offers news briefs on the chemical industry. China faces naphtha shortage which can be attributed to the booming demand for ethylene as a raw material. Formosa Petrochemical Corp. (FPCC) has closed its new meta-thesis unit due to some technical issues. Rapidly falling ethylene prices in Asia and a widening gap between prices in Europe and Asia may push Iranian cargoes to the West.


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