Romania Petrochemicals Report Q4 2013

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Romania Petrochemicals Report Q4 2013 Aug 28th 2013, 00:00 Price: $ 1295   BMI View: There is currently a great deal of uncertainty surrounding the future of Romanian petrochemicals producer Oltchim following the decision to file for insolvency in January 2013 after an attempt to privatise the firm failed. Nevertheless, the relatively strong domestic market is registering growth in the consumption of petrochemicals - particularly in the construction and automotive sectors - and with domestic production at low levels due to structural and financial problems within the industry, Romania appears to be one of the few European markets with the potential for import growth. In the first four months of 2013, rubber and plastic output grew by 7.0% year-on-year (y-o-y) while chemicals output rose 10.8%, according to Romania's National Statistics Institute, INS. Growth in pro ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/268647.html

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