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Supplier Homepage Company Show Bulletin Board The European chemical industry or change their advantage no longer beset with troubles internally an

Bulletin Board

The European chemical industry or change their advantage no longer beset with troubles internally an [Jul 09,2016]
The European chemical industry or change their advantage no longer beset with troubles internally an

The European chemical industry into beset with troubles internally and externally.

A European economic downturn led to weak demand in the countries, on the other hand, Europe and the Middle East, North America area in petrochemical production cost exists huge gap; at the same time Europe's strict regulation lead to rising production costs, export competitiveness. European share of chemical products in the global market has dropped significantly.
In the grim situation, the European industry experts to reach a consensus: the European chemical industry must achieve self redemption".
Accounted for only 17% of the global market share
European Chemical Industry Council (CEFIC) director general Hubert. Mandry said: "Cefic has adjusted the 2014 forecast value, European chemicals production from June forecast growth of 2% adjustment to current growth of 1.5%. But based on the remainder of the year and 2015 economic growth rate tends to smooth the prediction, we forecast to 2015 chemicals production results do not change, the European chemicals production in 2015 will grow by 1.5%. However, present some of the key indicators show growth deceleration risk is on the rise."
In the first seven months of this year, the European chemicals production and last year unchanged from the same period, specific see petrochemical products production fell by 6.5%, specialty chemicals production in the same period last year increased by 3.3%, year-on-year consumer chemicals production increased 1.5%, polymer yield increased by 0.4% year on year, based inorganic chemicals yield with increase of 0.2%. However, the European chemicals production in July appeared a trend of decrease. The first half of this year, the European Chemicals net exports amounted to 22 billion 500 million euros, below the level of the same period last year. As of the end of 7, the European chemical sales revenue was only 1% higher than the same period in 2008.
"European chemical production is still on the increase, but our share of the global market is declining, and China and the United States have the upper hand," said Mann. Last year, the global chemical sales revenue of US $, the share of the European share of 17%. in 2004, the European share of more than 30%"

Clamadieu said: to enhance the competitiveness of the field of energy is the primary task. Even some European countries in terms of shale gas development policy has lifted, but the European shale gas industry and gas supply business is still in a long time after the effect can be received. The conditions in Europe are quite different from the US. The United States more relaxed environment so that the rapid development of the shale gas industry, while the European environment does not have such. We should look at this problem in a practical manner. Some European countries already have the potential of shale gas development, but must be developed under the premise of doing a good job in environmental protection."
He believes that the success of the North American shale gas revolution has dramatically changed the global energy outlook. Europe's petrochemical industry, which relies on oil and gas, must adapt to the new situation, such as the choice of natural gas imports from North America. Europe's petrochemical industry should strive to change their own, enhance competitiveness. (China Petroleum and chemical industry network)