HP Impact: Global petrochemicals to see robust earnings as supplies shrink
Demand for basic petrochemicals and thermoplastics, while growing slowly through the poor economic times, ?is on a relentless path to overwhelming supply,? according to Gary Adams of CMAI, a market re..
Demand for basic petrochemicals and thermoplastics, while growing slowly through the poor economic times, ?is on a relentless path to overwhelming supply,? according to Gary Adams of CMAI, a market research firm (www.cmaiglobal.com). The first clear signs of the beginning of a fundamental recovery appeared in 2003 and were in certain, limited market segments, notably aromatics (benzene, xylenes and styrene monomer) and olefins (propylene).
All segments should be participating in earnings acceleration by the end of 2005, as new capacity cannot arrive in time to meet even a very modest demand growth curve. ?Our analysis leads us to believe that this recovery is shaping up to be somewhat
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