Feedstocks’ pricing – survival in the belly of the beast
For natural-gas-based petrochemicals, feedstock pricing has been a true beast of burden. Recent high natural gas pricing in North America (NA) is great for suppliers. Yet, for users, hi..
For natural-gas-based petrochemicals, feedstock
pricing has been a true beast of burden. Recent high natural
gas pricing in North America (NA) is great for suppliers.
Yet, for users, high feedstocks and energy pricing, low
demand and struggling global economy have combined for a
triple whammy.
"The high natural gas values of 2000 - 2003 have
done severe, perhaps long-term, damage to the US olefins
industry - and, more importantly, to its customers,"
according to Gary Adams, President of CMAI, Houston,
Texas.1 The Gulf Coast olefins industry is
withstanding another hard economic challenge. For years, the
Gulf Coast
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