26 May 2011 11:47 [Source: ICIS news]
FUKUOKA, Japan (ICIS)--Light feeds could account for as much as 90% of cracker feedstocks in the US by 2015, and IHS expects the supply of US ethane to increase accordingly, the global consulting firm said on Thursday.
Light raw materials, including ethane, now account for around 80% of the total US cracker feeds, said IHS director Russell Heinen at the Asia Petrochemical Industry Conference (APIC) 2011, which is being held at Fukuoka in Japan on 26-27 May.
IHS said the ?xml:namespace>
Additional ethane cracking capacity in the next 20 years could provide enough feedstock for an incremental 8m tonnes/year of ethylene production, Heinen said.
IHS is basing this projection on recent announcements and anticipated investments from companies such as Dow Chemical and Chevron Phillips Chemical.
Ethane will also allow the
However, propylene and butadiene (BD) prices in the country will remain high compared with ethylene as ethane will constrain the co-product output, Heinen added.
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