Western ethylene oxide producers lose competition to Asian suppliers

Countries in Asia and Middle-East are enjoying the booming industries that propel the world ethylene oxide market. These developing markets are forecast to witness 5-6% ethylene oxide activity growth, pulled by a large number of new projects and brand-new facilities as per a report by Merchant Research & Consulting Ltd. Opposite to the market landscape in the East, Europe is said to undergo a period of ethylene oxide market tightness due to a whole row of closures. Apart from that the demand is also at low ebb. The key ethylene oxide producers in the West are losing the competition to the Asian manufacture tycoons.
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