Neville Prior

French Chemicals Seek Gas Strategy

Neville Prior  18 July 2014 08:32:28 PM
French chemical industry association Union des Industries Chimique (UIC) is calling on the government to launch a gas strategy to protect domestic chemical producers from the impact of cheaper US shale gas. UIC claims that US chemical producers are at an advantage due to availability of cheaper energy and feedstock, compared with French firms. Decline in French competitiveness and availability of cheaper US products could lead to the closure of 32 industrial sites with 10,000 job losses, UIC warned.
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