HP Impact: Growth seen for world petrochemicals despite high feedstock prices
Until recently, the price of natural gas had become very affordable, enabling many producers to enjoy profits that had not been seen in the petrochemicals industry for a number of years..
Until recently, the price of natural gas had become
very affordable, enabling many producers to enjoy profits
that had not been seen in the petrochemicals industry for a
number of years. With increased natural gas prices, as well
as increases for feedstocks such as aromatics, propylene,
butadiene and others, producers are being forced to increase
future contract prices. This creates uncertainty regarding
the amount of available capital dollars for the remaining
quarters of 2003.
"A very large portion of the operational chemical
plants located in the US were built many, many years ago and
based on technologies and efficie
Log in to view this article.
Not Yet A Subscriber? Here are Your Options.
1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.
2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.
3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription. For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.
*Access will be granted the next business day.
From the Archive