• Industrie: Energie & ressources naturelles
  • Type: Etude et sondage
  • Date: 01/06/2012

The Future of the European Refining Industry 

The profitability of the European refining industry has long been cyclical. However, this time many of the challenges the industry faces today may prove to be permanent.
The Future of the European Refining Industry
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European refiners are on a different path to the one they have been used to for the past 50 years.

The European refining industry has gone through numerous cycles, but this time many of the changes are likely to prove permanent and we expect the current trends of falling demand, rising imports, increasing European legislation, growing competition from emerging markets and eroding margins to continue.