MTBE demand to decline after peaking in 2001

11/19/2001
Worldwide demand for methyl tertiary butyl ether (MTBE) will peak at 520,000 b/d in 2001, according to a paper presented at the 10th Annual DeWitt MTBE/Oxygenates & Methanol Conference.Global MTBE capacity experienced extremely rapid growth in the past, and averaged over 10%/year since 1992. Future prospects, however, have been lowered by continuing events in California, These factors are likely to result in less use, if not total elimination of MTBE, in the US, according to K. Dexter Miller, vice president, DeWitt & Co. Inc.Miller prepared two different scenarios: a low-demand case and a medium-demand case. Both cases assume that MTBE will not be completely phased out, even in California...
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