Supply of North American Ethane to Europe Provides Opportunity for Western European Producers, While European Industry Still Challenged By High Energy Costs

LONDON (October 8, 2014) – Europe remains among the globe’s highest-cost production regions for chemicals. On the verge of losing its competitiveness, a robust supply of U.S. ethane imports present an opportunity for some Western European producers, with a potential to radically transform region’s feedstock landscape. Meanwhile, European producers must also innovate, further consolidate and rationalize to stay afloat, according to analysis from IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.

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