April 2003

Trends and Resources

HP Impact: Declining capacity driving improved petrochemicals outlook

While global energy prices had moderated by the beginning of 2002, the increasing political turmoil overwhelmed conventional supply/demand dynamics pushing energy values upward 50 - 100..

Weirauch, Wendy, Hydrocarbon Processing Staff

While global energy prices had moderated by the beginning of 2002, the increasing political turmoil overwhelmed conventional supply/demand dynamics pushing energy values upward 50 - 100% by year's end. The impact of these higher values and the overall political uncertainties was severe for everyone. In a recent market overview, analysts at CMAI warn that "given the capacity overhang prevalent today, petrochemical producers must maintain a close monitor on comparative energy values. Too wide a divergence in key raw material price drivers can severely limit an organization's competitive capabilities." Prospects of econom

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. $399 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 J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}