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: Europe set to lose half of its VAM production capacity
"The majority of buyers have shown little concern at the lost capacity."
VIDEO: ICIS Asia Lunchtime 5 December 2013