베인은 홈페이지 기능 및 성능 개선을 위해 쿠키를 사용합니다. 이와 관련된 더 많은 정보는 개인정보 메뉴에서 확인하실 수 있습니다. 이 웹사이트를 계속 사용하시면 쿠키 사용에 동의하신 것으로 간주됩니다. 

Chemistry World

Oil price crash ripples through chemicals production

Oil price crash ripples through chemicals production

Fuel production slowdown will favour more flexible refiners as demand for petrochemicals is stable or increasing

  • 2020년5월26일
  • 읽기 소요시간

Chemistry World

Oil price crash ripples through chemicals production

On the face of it, lower oil prices cut input costs for chemical companies and boost their margins. But with consumption of some transport fuels in freefall, refineries do not need to be run as hard, and may cut production even further.

"Refineries won’t be producing quite as much diesel or gasoline," says Mark Porter, global head of the chemicals at consultancy Bain & Company.

As refiners slow down, the supply of some chemical feedstocks is squeezed and prices are rising – particularly with increasing demand for plastic packaging and personal protective equipment (PPE). The misalignment in supply versus demand balances has yet to hit much of the chemical chain.

Chemistry World