The global petrochemicals and petroleum derivatives market has changed markedly since 2009 and is still in a state of constant evolution. The impact that this has had on the investment conditions in the Tees Valley region must be recognised if UK plc is seriously committed to attracting foreign direct investment in the future.

This report, compiled by NEPIC, MPI and Tees Valley Unlimited, summarises the findings of the analysis and presents the “Asks of the UK Government” and how local and national agencies can help to support Tees Valley Process Industry in the short, medium and long term in its aim of building a dynamic future for Teesside.