Clean air regulations will boost refining catalyst demand

Click here to enlarge imageDemand for petroleum refining catalysts in the US will receive a boost between 1998 and 2003 as new emission standards are implemented, octane requirements are increased, and methyl tertiary butyl ether (MTBE) is phased out.Demand for these catalysts totaled $1.1 billion in 1998 and will increase by more than $250 million over the 5-year period. These are the conclusions of a recent study on chemical and refining catalysts, published by Freedonia Group Inc., Cleveland, Ohio.Petroleum refining catalysts include those used in catalytic cracking, alkylation, hydrotreating, hydrocracking, and reforming.Demand for unit catalystsTable 1 shows the historical and fore...

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