Olefins demand growth to rebound after 2000

U.S. Ethylene Supply, Capacity [57,454 bytes] A reduction in exports and a continuing sluggish world economy are some of the reasons cited for the slowing growth of U.S. petrochemical production expected over the next few years, according to a recent report issued by Chem Systems, Tarrytown, N.Y. According to the report, petrochemical demand is expected to rebound only after the year 2000, when world GDP growth is anticipated to pick up and lower petrochemical prices return.

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