Canadian ethylene demand to increase through 2005

Ethylene demand in Canada is projected to increase from 3.3 million tons in 1998 to 5.4 million tons in 2005. This is an annual average growth rate of 6.4%. Fig. 1 [107,550 bytes] shows the expected demand and supply of ethylene in Canada for this period. This supply/demand balance is among the conclusions of Chem Systems Inc., Tarrytown, N.Y., in its report entitled, "Canadian Energy and Petrochemical Supply/Demand and Economics." Low cost producer An abundance of natural gas in Western Canada gives it a significant cost advantage over U.S. ethylene plants. According to Chem Systems, Canadian ethylene plants are expected to operate at above 90% of nameplate capacity w...

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