24 October 2012 04:53 [Source: ICIS news]
The country’s domestic consumption of ethylene is estimated at 32.5m tonnes for 2012, growing at a slower annual pace of 3.8% compared with 4.9% in the previous year, Sinopec chief analyst Shu Zhaoxia said at the Downstream Asia 2012 conference in
Sinopec’s ethylene production capacity will be increased by 800,000 tonnes/year in 2013 once its plant in
The company is expected to run its crackers at full tilt in 2013, she said.
Sinopec's overall ethylene production is expected to grow to 10.1m tonnes next year from 9.66m tonnes in 2012, according to Shu.
Overall ethylene demand in
PE consumption in 2015 will account for 56.6% of overall ethylene demand, according to Shu.
Downstream Asia 2012 runs on 24-25 October and is part of the Singapore International Energy Week.
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