Report Published: "Spain Petrochemicals Report Q2 2013"
A recovery in the Spanish petrochemicals market is highly unlikely in 2013 with the probability of another year of contraction. Combined with the effects of the eurozone slowdown and increased competition from integrated facilities in the Middle East and Asia, we believe the situation create the conditions that could precipitate further closures of ageing Spanish petrochemicals units which are functioning at a far lower capacity than producers in these regions.
View full press release