The end of the global recession has had a signifcant impact on the global butadiene supply chain. Recovering demand sectors, especially the automotive sector, are driving growth along the chain. The recovery has been geographically inconsistent, with the developing world leading the way. All this has been predicted for some time, and it is comforting to see the macro trends emerge as anticipated. There are still a large number of growing pains to be experienced in the market. As a truly global value chain, with arbitrage opportunities at many levels, it is important to understand trends in the major re- gions for crude C4.
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