Brice, Andy
September 2007
ICIS Chemical Business;9/24/2007, Vol. 272 Issue 11, p16
Trade Publication
The article presents information on the difficulties faced by the petrochemical industry in Europe during 2007. It is mentioned that the growing naphtha deficit in Asia may have severe repercussions on the industry by pushing up prices and reducing feedstock availability for olefins production. Asia's growing requirements are reportedly putting additional pressure on petrochemical players in Europe.


Related Articles

  • Petrochems Brace for Bleak 1999, But Low Energy Costs Offer Some Relief. LINK, JANET // Chemical Market Reporter;02/01/99, Vol. 255 Issue 5, p36 

    Forecasts how the petrochemical industry in the United States will fare in 1999. Factors contributing to both reduction in operating cost and a drop in petrochemical revenues; Decline in the prices for crude oil in 1997; Decline in the prices for lighter feedstocks; Naphtha pricing; Explanation...

  • THINK TANK. Davis, Nigel // ICIS Chemical Business;6/2/2008, Vol. 273 Issue 22, p15 

    The article reports that increased crude prices are creating pressure on petrochemical makers. The chemical markets had been bracing themselves for cost increases, but few in Europe's pivotal ethylene market are prepared for a rapid increase in naphtha costs. It has already been calculated that...

  • Markets jittery over impact of Japan and Middle East. PITCHES, JO; MARTIN, SHEENA; Loo, Felicia; Dillon, Tony // ICIS Chemical Business;3/28/2011, Vol. 279 Issue 11, p26 

    The article offers information on the impact of Japan's earthquake on the U.S. Gulf Coast petrochemicals. It states that the crisis in Japan is putting pressure on the prices of crude oil and naphtha, because of the lack of demand from Asia. It mentions that the damage to the petrochemicals...

  • Surging crude oil drives naphtha prices higher. KOH, QUINTELLA; MARTIN, SHEENA // ICIS Chemical Business;2/27/2012, Vol. 281 Issue 8, p22 

    The article reports on the rise in naphtha prices due to surging crude oil. It is said that with the crack spread hitting a 13-month high as a result of a regional shortfall, Asian naphtha prices have firmed. Analysts say that the demand for naphtha will stay firm in the due to tight spot...

  • Brazilian government feels naphtha pressure. Robinson, Simon // ICIS Chemical Business;5/29/2006, Vol. 1 Issue 21, p15 

    The article reports the decision of Brazilian companies in the plastics production chain to meet with Brazil's Ministry of Development to negotiate lower naphtha prices. Brazilian petrochemicals are expecting a 25% hike in naphtha prices in 2006. Petrobras, faced with supply problems, hiked...

  • Eyes focus on aromatics contracts.  // ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p40 

    The article reports on the petroleum chemicals markets around the world. Naphtha prices are between $650-655 per ton. In Europe, the bimonthly June-July 2007 ethylene contract has been agreed at €925 per ton. Propylene remains inactive in Europe. According to the author, rising inventories...

  • Adapt and evolve. Sato, Yutako // ICIS Chemical Business;10/27/2008, Vol. 274 Issue 16, p16 

    The article focuses on the need for major chemical companies in Japan to adjust and evolve in the face of emerging challenges in local and global markets. The petrochemical companies are trying to add value and improve profitability because of the reduction in oil prices. In fact, major...

  • Cheap oil brings no cheer for petchems.  // Chemical Week;12/8/1993, Vol. 153 Issue 22, p8 

    Reports on the reaction of European petrochemical produces on the slump in crude oil prices. Decrease of benchmark Brent crude; Organization of Petroleum Exporting Countries' failure to agree on output cuts; Drop in naphtha feedstock prices.

  • Paraxylene makers seek hike while market is still tight. Brand, Tony // Chemical Market Reporter;09/08/97, Vol. 252 Issue 10, p10 

    Reports on the plans to increase contract prices for the petrochemical paraxylene in the United States, for the fourth quarter of 1997. Effects of pressures from Asia on the proposed price increase; Contract nominations issued by key paraxylene manufacturers; Paraxylene prices in the third...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics