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- Title
Petchems plunge.
- Authors
Eisberg, Neils
- Abstract
The article discusses the analysis of the petrochemical market for 2008. It is suggested that there was a somber mood for the petrochemical market at the start of 2008 in contrast with the floaty start in 2007. Reports from ChemSystems show concerns raising in the last quarter of 2007 over the dramatic slowing of US economy intensifying regarding the implications for the global economy and petrochemical demand. It is inferred that the headline prices of crude oil and feedstocks traded in US dollars have tripled in the last five years.
- Subjects
PETROLEUM chemicals industry; PETROLEUM chemicals; PETROLEUM products; PETROLEUM industry; PETROLEUM chemicals manufacturing; PETROLEUM refining; PETROLEUM product analysis; PETROLEUM product sales &; prices; CHEM Systems Inc.
- Publication
Chemistry & Industry, 2008, Issue 10, p4
- ISSN
0009-3068
- Publication type
Article