The massive buildup of ethylene capacity in the Middle East and Asia is progressing at a rapid pace initiating another down cycle. From 1995 to 2008, ethylene capacity increased by over 22 mln metric tons in Asia/Pacific, and by more than 13 mln tons in the Middle East.
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Thursday, November 20, 2008
Lacking in world scale plants and domestic feedstock, petrochem makers in Japan and Taiwan at a disadvantage
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