As the year draws to a close, weak underlying demand persists in the European acetone, phenol and derivatives chain in a fragile macro climate, compounded by year-end inventory and working capital considerations.
Other headwinds include global overcapacity led by Asia and profitability struggles in Europe in the face of high costs which have led to rationalisation plans in Europe in the chain and broader industry.
Heidi Finch senior editor covering the European BPA and epoxy resins markets is joined by: Jane Gibson covering the acetone and phenol markets, Mat Jolin-Beech covering MMA, Sam Lovatt covering PC and VIP guest Michele Bossi - analyst for the chain.
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