Global ethylene producers add 2 million tpy of capacity in 2004

The global ethylene industry added 2.13 million tonnes/year (tpy) of capacity in 2004, an increase from the 2003 addition rate of 1.34 tpy, according to OGJ's latest exclusive ethylene survey.Capacity as of Jan. 1, 2005, was 112.9 million tpy, an increase from a worldwide capacity of 110.8 million tpy as of Jan. 1, 2004. Nearly 600,000 tpy of new capacity is listed in the latest survey, and no capacity was removed from the survey due to idled and shutdown plants. The remainder of additional capacity resulted from net expansions at existing sites. Click here to enlarge imageFig. 1 shows that the rise in capacity additions was the first increase since 2000.Capacity additions had fallen...

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