TITLE

Uncertainty weighs on 2008

AUTHOR(S)
Richardson, John
PUB. DATE
December 2007
SOURCE
ICIS Chemical Business;12/17/2007, Vol. 272 Issue 22, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article explores the uncertainty facing the Asian petrochemical industry for year 2008. Despite the avalanche of capacity, the predominant concern of producers was the impact of feedstock costs on business planning. A total of 90% of naphtha pricing is determined by the cost of the crude, so when crude prices decline, the petrochemical industry can easily be affected. Inventory management is therefore going to become a bigger challenge during 2008, both for feedstock and for the finished product of petrochemical producers.
ACCESSION #
28634951

 

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