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Europe receiving majority of US ethylene exports: Navigator

August 20, 2022 Comments Off

Europe has the widest arbitrage for US ethylene exports and attracted the bulk of those flows in the first half of 2022 while Asian demand waned, Oeyvind Lindeman, chief commercial officer for Navigator Holdings, said Aug. 19. “Whereas the majority of ethylene was transported across the Pacific in the past, most of the volumes are now heading to Europe,” he…