New Market Research Report: United Kingdom Petrochemicals Report Q4 2013
BMI believes that the UK will not regain its position in output volumes over the long-term and will instead need to turn its attention to improving its competitiveness. While shale gas offers the opportunity for low-cost feedstock, this would have to be accompanied by product enhancement. Yet, industry leaders complain of regulatory confusion and lack of support, indicating that the drive to add value may not be achievable.
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