European ethylene: competitiveness review and closure threat analysis

Table of contents

• Executive Summary
• Part 1 – European Ethylene Competitiveness Review
  • Just how much feedstock flexibility is there within the European ethylene industry?
  • Relative cracking economics in a low crude oil environment?
• Part 2 – European Ethylene Closure Threat Analysis
  • How may refinery closures in Europe impact steam cracker operations?
  • How much additional capacity could close in the European ethylene industry and beyond the announced closures, what could an ‘at risk’ site look like?
    • Historical Benchmarking of Asset Cost Tool
      • 2014 assessment of European ethylene cash cost margins by asset
      • It may be seen in 2014 that all assets are evaluated as operating with a positive cash cost margin, reflecting the overall increase in competitiveness that has occurred in part with the lower crude oil pricing environment.
        • A view of what the future may hold - 2018 Margin Analysis
          • 2018 European ethylene estimated cash cost margins by asset
          • Conclusions

Tables and charts

This report includes 4 images and tables including:

• European steam cracker feedstock consumption for ethylene production
• 2009 European margins with announced asset closures highlighted
• European ethylene: competitiveness review and closure threat analysis: Image 3
• European ethylene: competitiveness review and closure threat analysis: Image 4

What's included

This report contains:

• European ethylene: competitiveness review and closure threat analysis

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