Friday, February 18, 2011

By 2017, global ethylene revenue to peak to 2008 volumes, to over US$160 bln

Ethylene producers are recovering from the sharp drop witnessed in 2009. Ethylene prices already recovered during 2010, after they had declined at an average rate of 35% in 2009. By 2017, worldwide etthylene revenue will once again peak to 2008 peak volumes, at over US$160 bln, as per Ceresana Research.

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