ICIS has just published an update to its global map of major ethylene projects. The map shows the continued dominance of the Middle East and China in the next wave of new cracker expansions. The two countries will add 17.7m tonnes/year out of a total global increase of 30.5m tonnes/year. Combined they represent 58% of new capacities.
It is interesting to compare the next wave with the first wave which has been coming onstream during 2010. Between August 2009 and now a total of 15.21m tonnes/year were added. So the figures show that the expansion is accelerating with an almost doubling of ethylene capacity additions between now and 2016. We also publish a table of these existing additions as part of the map.
Leave a comment
What a user pic? Get a Gravatar!