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Plans to build up to seven propane dehydrogenation (PDH) plants in North America could overwhelm world markets, causing some companies to back away from their projects, according to analysts.
US producers are seeking to increase propylene capacity to make up for lost production.
PetroLogistics' PDH unit in Houston, Texas, is the world's largest
The company already plans to build a 1.65bn lb/year (750,000 tonne/year) PDH plant in Texas.
INSIGHT: US paraffin wax market mixed amid shifting supply features
'Sellers said buyers’ expectations about supply are largely based in past experience whereby there has been minimal concern about US paraffin wax supp
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