05 April 2013 09:35 [Source: ICB]
The numerous producers that are either expanding existing US crackers or building new ones could create a long ethylene market and a potential boon for consumers of the monomer, the head of Huntsman said on 25 March.
Huntsman sees long C2 market
Producers have also announced plans to build up to eight on-purpose propylene plants in North America, potentially creating a flood of supply for another key petrochemical feedstock.
However, the outlook for propylene is cloudier than that for ethylene.
Some producers may drop their plans for propane dehydrogenation (PDH) plants.
Supplies of propane could tighten, since the fuel could also be exported through the terminals that companies plan to build.
The PDH plants would also offset falling US capacity for propylene, as the switch towards lighter cracker feeds has reduced production of the monomer.
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