Storm Clouds Gathering For Petrochemicals In 2008
The first quarter has seen petrochemical markets in sombre mood, in stark contrast to the buoyant start in 2007. A dramatic slowing of the U.S. economy in the last quarter of 2007 raised concerns about the strength of the global economy, with growing turmoil in international financial markets and severely reduced consumer confidence stagnating demand.
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Polyolefins Delivered Cost Competitiveness
Low cost Middle East polyolefin producers command a significant cost advantage on a delivered basis to China, the world's largest polyolefin importing region. Malaysia and Venezuela meanwhile are also amongst the most cost competitive regions and Japan and South Korea are amongst the least competitive
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PERP Program - Hydrogen Peroxide-Based Propylene Oxide
Technologies for propylene oxide (PO) production are undergoing a flurry of activity. Since the commercialization of Sumitomo Chemical's PO-only route in 2003, other companies have declared their intentions of developing PO-only technologies.
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PERP Program - Polypropylene
The polypropylene technology market is one of the most competitive, with the number of technology providers in double figures. For this ChemSystems report, Nexant evaluated many state-of-the-art polypropylene processes that are available for license. Two of the areas of greatest activity are in heterophasic or impact copolymers and in metallocene-catalyzed resins.
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