19 March 2013 20:58 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--US shale gas production has given refiners the oppportunity not only to diversify their feedslate, but also their end-product mix, an engineer with Honeywell's UOP said on Tuesday.
The rising demand for propylene in particular has given refiners a chance to monetise a growing market, said David Myers, an engineer at the subsidiary of the US-based industrial and technology firm, at the annual meeting of the American Fuel and Petrochemical Manufacturers (AFPM).
Myers said production and demand of propylene has grown steadily over the last several years, and will continue to grow well into the future.
However, production from conventional naphtha cracker and refinery sources cannot keep pace with demand growth, creating a need for on-purpose propylene production.
The coming “propylene gap”, Myers said, will need to be filled with processes that produce propylene exclusively, using shale gas as feedstock.
The annual AFPM meeting ends on Tuesday.
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