Asian Chemical Connections
US-based ExxonMobil Chemical's announcement of a new 1.5m tonne/year cracker in Baytown, Texas, by 2016 brings the growing tally of new US ethylene capacity announcements to 33% of existing capacity.
ExxonMobil's new ethane cracker on the US Gulf Coast will provide ethylene feedstock for two new 650,000 tonne/year high-performance polyethylene (PE) lines at the company's nearby Mont Belvieu plastics plant.
INSIGHT: Dynamics of global BDO market showing signs of change
"The main reason behind increasing trade flows has been the overcapacity in Asia, while the biggest effect it has on the European market is putting pr
VIDEO: ICIS Special Report - Asia methanol, acetic acid