Southeast Asia Refining Capacity [124,383 bytes]
This Management Perspective is the last in a three-part series on consolidation in Asia's refining-marketing sector. This week, a Sterling Group analyst looks at what is needed to resolve the dilemma of surplus capacity in Southeast Asia and how that relates to refiners worldwide.
These days, when anything goes wrong in the Pacific Rim, many analysts are quick to condemn the region's economic crisis as the root cause.
So when Southeast Asia started showing a surplus in refining capacity, the court of global opinion reached a swift and ...