Q2 2010 Strong Profitability Masks Underlying Petrochemical Market Weakness
Average profitability of the petrochemical industry improved considerably in the second quarter of 2010, with margins in many regions climbing close to the peak seen just prior to the crash in the second half of 2010.
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Coal to MEG - Strategic Issues
Subject to the competitiveness of coal based MEG, there could be a paradigm shift in the structure of the global MEG industry especially as regards future trade flows beyond 2015.
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Polyester shows rapid recovery
Following the unprecedented drop in demand in 2008, the PET chain recovered fairly strongly in 2009, supported by strong consumption growth for PET bottle grade in the Asian market. The development of coal based MEG in China could meanwhile cause significant disruption further up the value chain.
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Coal to MEG - Technology Update
The prospect of competitive of coal based MEG, is matched by potential for a number of alternative routes in a high oil environment.
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