MARKET Europe’s storage market is ticking along nicely, in spite of adverse macroeconomic conditions across the continent. Meanwhile, terminal operators are waiting to see what the shale revolution in the US will bring to their business
SHALE The European petrochemical industry is being tempted west by the cost benefits offered by the US ‘shale revolution’. In ten years’ time, the global chemical manufacturing business will have a very different face
EXPANSION The annual HCB roundup of global terminal expansion and construction projects sees refinery closures continuing to cause a structural shift in terminal demand, while nervousness over the future rate of economic recovery is keeping a lid on optimism
EXPANSION With the global recession still weighing heavy on industry, it is remarkable that terminal operators around the world have not only remained upbeat through the downturn but are continuing to invest heavily.