Asian Chemical Connections
Many of the planned new US cracker projects are moving forward, and are on track for completion by around 2017, said companies and a major engineering and construction firm.
"We are optimistic that at least six, if not all seven announced new crackers will be built, generally within the 2017 timeframe as a goal," said Richard Meserole, vice president, construction, for Fluor's Energy & Chemicals Group.
INSIGHT: BASF balances North America advantage with pressure in Asia
"The results show how well the BASF verbund can work to balance out market pressures and risks."
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