Has the market for petrochemicals changed dramatically?A new world study seems to think soDemand is no longer growing at the rate at which it had in the past as demand from the baby boomers in the US seems to have tapered off as they grow older.The big market was China. Its galloping double digit growth saw an insatiable appetite for chemicals and petrochemicals but that is now changing.In China the demand for high selling items such as PTA, PVC and their derivatives as well as other chemicals have now gone down, so much so that incremental demand has almost disappeared.
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SSPCL Completes Maintenance Work at its Jinshan Unit
China's Mitsubishi to Resumed its Ningbo Unit
OPEC Crude Daily Basket Price
Global Crude Oil Price for Indian Basket
Braskem to Buy Ethane from Enterprise Products
INR Opens Marginally Lower Against USD
Yangzhou Unit Shut by Far Eastern Union Petrochemical
China's Fujian Resumed its PE, PP Unit
Cape Secures 3 Year Contract with SABIC UK Petrochemicals
CNOOC & Shell Declares the Final Decision to Expand Petrochemical Complex in China
Petchem Demand Active as U.S. Feedstock Cost Advantage Fluctuates
Asian Naphtha Crack Jumps to 5 Week High
Kuwait Predicts Crude Price to Rise USD 50 in 2016
Click on the following links for more story:
SSPCL Completes Maintenance Work at its Jinshan Unit
China's Mitsubishi to Resumed its Ningbo Unit
OPEC Crude Daily Basket Price
Global Crude Oil Price for Indian Basket
Braskem to Buy Ethane from Enterprise Products
INR Opens Marginally Lower Against USD
Yangzhou Unit Shut by Far Eastern Union Petrochemical
China's Fujian Resumed its PE, PP Unit
Cape Secures 3 Year Contract with SABIC UK Petrochemicals
CNOOC & Shell Declares the Final Decision to Expand Petrochemical Complex in China
Petchem Demand Active as U.S. Feedstock Cost Advantage Fluctuates
Asian Naphtha Crack Jumps to 5 Week High
Kuwait Predicts Crude Price to Rise USD 50 in 2016
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