The European petrochemical industry, which is based on oil refining, will experience a very slight headwind, at most.

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Electricity privatisation has been stymied by pressure from the trade unions, and the petrochemical industry is off limits.

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Ethane-to-ethanol would also reduce the feedstock for ethane-to-ethylene that the Petrochemical industry uses.

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In contrast to the financial engineers of the private-equity world, he has a genuine passion for the petrochemical industry.

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The new sanctions follow the Treasury Department's targeting of Iran's petrochemical industry.

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Mrs Clinton said that Iran's petrochemical industry, oil and gas industry and financial sector would be targeted by the sanctions.

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Some fifty new projects have been unveiled in the US petrochemical industry.

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The EU also agreed to freeze the assets of Iran's central bank, the conduit for the country's oil revenue, and ban trade with its petrochemical industry.

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The arrival of auto, steel and petrochemical plants and, increasingly, the aerospace industry reflects a critical shift for the Southeast, which historically depended on lower-wage industries such as textiles and furniture.

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