Olefins producers in Asia are finding it increasingly difficult to compete with their counterparts in the Middle East. Ethane-based ethylene production costs in Saudi Arabia are around US$200/MT, US$2250/MT in Qatar and US$615/MT in the US while naphtha-based ethylene production costs in Asia currently stand at US$1000/MT.
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Thursday, November 04, 2010
Olefins producers in Asia unable to compete with counterparts in Middle East
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