05 January 2012 22:19 [Source: ICIS news]
NEW YORK (ICIS)--North America is expected to bring on the equivalent of four to five new world-scale crackers by 2020, a consultant said on Wednesday.
“This will come from new crackers, debottlenecks and restarts,” said James Virosco, principal of US-based consultancy Nexant, at a meeting of the Chemical Marketing & Economics Group in New York.
A world-scale ethane cracker is typically considered to have capacity of around 1m tonnes/year.
For more on ethylene visit ICIS chemical intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|