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: 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