From decline to ascent: Europe’s petrochemical crisis and the Caspian opportunity
“Who controls the Heartland commands the World-Island; who rules the World-Island commands the world.” — Halford Mackinder, 1904 In the early 2010s, the European petrochemical industry stood as a global benchmark — technologically sophisticated, environmentally conscious, and commercially competitive. From Antwerp to the Ruhr, European refineries and crackers powered the continent’s industrial base, serving the…
