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Saturday, September 8, 2007
US petrochemical industry takes a backseat in global supply-demand
After the increase in oil prices in the early seventies, a gradual shift has been observed in the global petrochem scenarion in the last three decades. The change has become more prominent in the nineties and also in the present decade. Oil price, that had remained pegged below US$10/barrel, averaged to US$50-60/barrel in the decade of 2000-2010. It is likely to go up even further in the remaining years of this decade.On the supply side:
For more details please click on the following link
http://www.plastemart.com/upload/Literature/US-petrochemical-market.asp
For more details please click on the following link
http://www.plastemart.com/upload/Literature/US-petrochemical-market.asp
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