Ethylene demand, capacity to rise through 2010

Click here to enlarge imageGlobal consumption of ethylene is expected to increase to 139 million metric tons by 2010 from 80.5 million tons in 1998.World ethylene plant utilization is expected to increase to 92% by 2003 from the current level of 87%. In 2003, it is expected to decline to about 90% by 2005 before rebounding again towards 2010 (see chart).These were among the findings of Chem Systems Inc., Tarrytown, N.Y., in a recent study that provides an outlook for worldwide ethylene supply and demand.Forecasts were made for the U.S., Canada, Latin America, Western Europe, Eastern Europe, the Middle East, Africa, Japan, East Asia, and Oceania.By 2010, total ethylene capacity is projec...

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