European petrochemical industry is currently in the most difficult situation in decades
The European petrochemical industry is currently in the most difficult situation in decades. Demand has been greatly reduced, and cost competition is no match for suppliers in the Middle East. The difficult situation will force some changes in this area, but most companies will survive and be rescued because the demand for manufacturing in this region will eventually recover.
In 2009, the economic efficiency of the European petrochemical industry has dropped significantly. In the second quarter, the industry was operating stably. Due to the increase in demand in some industries and regions, consumption increased slightly, and profits in the third quarter improved, but output fell. At present, Western Europe is struggling to deal with a sharp drop in profitability, but it has improved compared to the very bad situation at the beginning of 2009. Many manufacturers are taking mitigation measures to idle or shut down non-economical production facilities.
In 2009, the economic efficiency of the European petrochemical industry has dropped significantly. In the second quarter, the industry was operating stably. Due to the increase in demand in some industries and regions, consumption increased slightly, and profits in the third quarter improved, but output fell. At present, Western Europe is struggling to deal with a sharp drop in profitability, but it has improved compared to the very bad situation at the beginning of 2009. Many manufacturers are taking mitigation measures to idle or shut down non-economical production facilities.
Seamless Steel Pipe is a tubular section or hollow cylinder, usually but not necessarily of circular cross-section, used mainly to convey substances which can flow - liquids and gases (fluids), slurries, powders and masses of small solids.
Steel Pipe & Tubing - All you need to know
Steel Pipe & Tubing seem similar at first blush and in fact they share many characteristics but they also have some important differences.
Structural Steel Pipe,Gi Steel Pipe,Hot Rolled Seamless Steel Pipe,Api 5L Seamless Steel Pipe
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