Tuesday, May 17, 2011

Global demand for ethylene estimated to outpace supply additions through 2015, leading to shortages

North America’s second-biggest ethylene maker LyondellBasell Industries NV estimates global demand for ethylene to outpace supply additions through 2015, leading to shortages. Ethylene demand will risse by at least 70 bln lbs through 2015, driven mostly by Asia, requiring 35 new crackers.

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