Is ethylene approaching its lifecycle's maturity?

11/05/2001
A scenario in which the ethylene lifecycle matures and enters decline within the next 30 years is plausible and is ignored in long-term planning at one's peril.In such a scenario, the trend growth rates in the medium term will also start to drop. This analysis contrasts with the typical scenarios offered by consultants in which trend growth continues at rates comparable, or even higher, than those in the recent past (OGJ, Apr. 23, 2001, p. 58). Click here to enlarge imageFig. 1 illustrates a scenario in which global ethylene growth peaks by 2040. The graph assumes global gross domestic product (GDP) growth continues indefinitely at an average rate of slightly less than 3%/year. Ethyl...
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