Industry Analysis & Industry Trends
The Organic Basic Chemical Manufacturing industry plays an important role in the UK chemical sector. Operators convert petrochemical feedstocks into basic organic chemicals such as olefins. Many of the products manufactured by the industry are the fundamental building blocks in a variety of consumer and industrial products.
The revenue of the Organic Basic Chemical Manufacturing industry plummeted in response to the financial crisis and more than halved in the space of two years between 2007-08 and 2009-10. Industry demand has since recovered somewhat, although the industry is significantly smaller than it was prior to the recession. New capacity in low-cost countries, particularly in the Middle East, has made it difficult to regain lost ground over the past five years... purchase to read more
Industry Report - Starting a New Business Chapter
A number of barriers to entry exist for the Organic Basic Chemical Manufacturing industry not least of which is the level of capital required. Indeed the industry is highly capital-intensive, and hundreds of millions of pounds are required to construct a complex that is competitive on the world stage. For example, a world-class ethylene plant is thought to cost more than US$1 billion (£600 million) to construct.
Given the heavy reliance on various feedstocks like natural gas liquids and petroleum, the ability to access a steady supply of competitively priced raw materials is essential. Man.. purchase to read more