[neovialogistics]

The reliance of the German industry on the prolific use of petroleum and gas products isn't just an energy/heat generation story. Their economy sits on a foundation of cheap downstream intermediate products produced domestically with very few middlemen compared to other national industrial complexes: cheap propylene oxide, cheap monoethylene glycol, cheap acetaldehyde, cheap acrylonitrile, cheap cumene, cheap C4 aromatics, etc, etc,

Each of these chemicals, plus more that I haven't mentioned, sit at the base of their own value chains. All of those have recently lost their comparative savings versus product refined elsewhere which means an end to German manufacturers enjoying cheap rubbers, resins, coatings, greases, fuels, paints, plastics, etc