Consultants urge polyolefin producers to minimize capacity

Thi Chang Refining/Petrochemical Editor For the next 5 years, worldwide polymer demand is expected to increase while prices and margins remain weak. The polyethylene (PE) and polypropylene (PP) polymers industry will continue to be characterized by too much supply. This is the general outlook of the international PE and PP industry according to several petrochemical consultants at meetings in Houston: Chem Systems Inc., Tarrytown, N.Y., at its annual U.S. Chemical Conference in January DeWitt & Co. Inc., Houston, at its annual World Petrochemical Review in March Chemical Market Associates Inc. (CMAI), Houston, at its annual Wor...

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