EMEA petrochemical outlook H1 2018

March 16, 2018

Rising domestic feedstock costs and new global supply will set the tone for the European petrochemicals industry in 2018, with a higher oil price environment overshadowing three years of remarkable margins for European asset-holders. In what is shaping up to be a year of two halves, producers may experience an easier ride in the run-up to summer. Numerous planned outages at steam crackers across the region will tighten European supply and allow greater scope for appreciating costs to be passed through to customers.

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