Asian Chemical Connections
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: The prize will go to first movers in US olefins build-out
"The prize will be to tap into the peak, or at least the near peak, of the ethylene/petrochemical cycle."
VIDEO: ICIS Special Report - Asia methanol, acetic acid